$2,730 Closing Credit*
$229,900
2,860 SqFt
5 Beds
•2 Full Baths
Michael P Sheridan, Listing Office: Sheridan Real Estate LLC
Housing Prices in 48416, MI
How much do homes in 48416, MI cost?
Median List Price
$214,900
$121/sqft
Based on all homes listed in the last 12 months.
Difference Since November 2023
-$15,100(-6.6%)
Key Takeaway
The list price of homes in 48416 has decreased by 6.6% since last year.
Summary: The median home list price in 48416 was $214,900 in November 2024, down 6.6% from the previous year, and the median price per square foot was $121.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $165K | $159.9K | -3.1% |
| 3 Bedrooms | $230K | $211.4K | -8.1% |
| 4 Bedrooms | $229.4K | $229.4K | 0.0% |
| 5+ Bedrooms | $289.9K | $279.9K | -3.4% |
Summary: 48416 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.1%, 3 bedroom homes decreased by 8.1%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 3.4%.
Housing Supply in 48416, MI
How many homes are available in 48416, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 14 | 0.0% |
Summary: The 48416 real estate market had 14 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 3 | 6 | +100.0% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 48416 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Days on Market for 48416, MI
How long does it take to sell a home in 48416, MI?
Average Listing Age
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 179 Days | 68 Days | -61.6% |
Summary: Homes in 48416 had an average listing age of 68 days in Nov 2024, down by 61.6% compared to the previous year.
