$2,018 Closing Credit*
$169,900
2,035 SqFt
4 Beds
•1 Full Bath, 1 Partial
#50162115, Malinda S. Kelly, Listing Office: Town & Country Realty-Lexington
Housing Prices in 48427, MI
How much do homes in 48427, MI cost?
Median List Price
$274,900
$163/sqft
Based on all homes listed in the last 12 months.
Difference Since November 2023
+$2,450(+0.9%)
Key Takeaway
The list price of homes in 48427 has increased by 0.9% since last year.
Summary: The median home list price in 48427 was $274,900 in November 2024, up 0.9% from the previous year, and the median price per square foot was $163.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $229.9K | N/A |
| 2 Bedrooms | $49K | $184.9K | +277.3% |
| 3 Bedrooms | $88.4K | $219.9K | +148.6% |
| 4 Bedrooms | $498.9K | $299.9K | -39.9% |
| 5+ Bedrooms | - | $790K | N/A |
Summary: 48427 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 increased by 277.3%, 3 bedroom homes increased by 148.6%, 4 bedroom homes decreased by 39.9%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Zip Codes
| 48471 | $139.9K | $171K | +22.2% |
| 48427 | $272.4K | $274.9K | +0.9% |
| 48419 | $299.9K | $209.9K | -30.0% |
Housing Supply in 48427, MI
How many homes are available in 48427, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 12 | -20.0% |
Summary: The 48427 real estate market had 12 homes for sale in November 2024, a 20.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 48427 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 remained the same, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Days on Market for 48427, MI
How long does it take to sell a home in 48427, MI?
Average Listing Age
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 117 Days | 130 Days | +11.9% |
Summary: Homes in 48427 had an average listing age of 130 days in Nov 2024, up by 11.9% compared to the previous year.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.