Housing Prices in 48401, MI

How much do homes in 48401, MI cost?

Median List Price

$272,750

$159/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$10,800(+4.1%)

Key Takeaway

The list price of homes in 48401 has increased by 4.1% since last year.

Summary: The median home list price in 48401 was $272,750 in October 2024, up 4.1% from the previous year, and the median price per square foot was $159.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $261.9K$210K
-19.8%
3 -$262.7K
N/A
4 -$448.7K
N/A
5+ -$599.9K
N/A

Summary: 48401 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.8%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

48471
+22.4%
48422
+11.5%
48401
+4.1%
48419
-32.3%

Housing Supply in 48401, MI

How many homes are available in 48401, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
440.0%

Summary: The 48401 real estate market had 4 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 22
0.0%
4 10
-100.0%
5+ 01
+100.0%

Summary: The 48401 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes increased by 100%.

Days on Market for 48401, MI

How long does it take to sell a home in 48401, MI?

Average Listing Age

Oct 2023Oct 2024CHANGE
84 Days79 Days-5.1%

Summary: Homes in 48401 had an average listing age of 79 days in Oct 2024, down by 5.1% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 13 Days Ago

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Newest Listings in 48401, MI

Nearby Markets to 48401, MI

MLS Disclaimers and Copyright

Based on information from MiRealSource Inc. DL, and RealComp II Ltd. Previous Previous for the period 11/01/2022 - 11/01/2024

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 1:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 1:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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