$2,969 Closing Credit*
$250,000
1,018 SqFt
3 Beds
•1 Full Bath
Ryan VandenBoogaart, Listing Office: Real Estate One-Rochester
Is 48336, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 48336 has remained a Seller's Market.
Key Takeaway
48336 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 48336, MI
How much do homes in 48336, MI cost?
Median Sold Price
$279,900
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$29,900(+12.0%)
Key Takeaway
Homes in 48336 have sold for 12% more than they did a year ago.
Summary: The median home sold price in 48336 was $279,900 in October 2024, up 12% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $94.5K | $90.5K | -4.2% |
| 2 Bedrooms | $158K | $184.2K | +16.6% |
| 3 Bedrooms | $264.5K | $285K | +7.8% |
| 4 Bedrooms | $342.5K | $360K | +5.1% |
| 5+ Bedrooms | $297.5K | $476.7K | +60.3% |
Summary: 48336 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.2%, 2 bedroom homes increased by 16.6%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 60.3%.
Housing Supply in 48336, MI
How many homes are available in 48336, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 84 | 92 | +9.5% |
Summary: The 48336 real estate market had 92 homes for sale in October 2024, a 9.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 7 | +16.7% |
| 2 Bedrooms | 15 | 17 | +13.3% |
| 3 Bedrooms | 41 | 43 | +4.9% |
| 4 Bedrooms | 19 | 20 | +5.3% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The 48336 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 19 | -20.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 48336, you could pay more than the asking price. 47.4% of homes here sold above asking price last month.
Summary: A total of 19 homes were sold or pending in 48336 in October 2024, down by 20.8% month-over-month. Of the 19 sold homes, 42% were sold under asking, 11% were sold at asking, and 47% were sold over asking.
Days on Market for 48336, MI
How long does it take to sell a home in 48336, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 22 Days | +6.4% |
Summary: Homes in 48336 had an average of 22 days on market in Oct 2024, up by 6.4% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 48336 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 19 homes were sold in 48336; 79% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. 
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