Housing Prices in 48437, MI

How much do homes in 48437, MI cost?

Median List Price

$147,500

$129/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

+$21,050(+16.6%)

Key Takeaway

The list price of homes in 48437 has increased by 16.6% since last year.

Summary: The median home list price in 48437 was $147,500 in November 2024, up 16.6% from the previous year, and the median price per square foot was $129.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $109.9K$130K
+18.3%
3 $142.4K$164.9K
+15.8%
4 -$209.9K
N/A
5+ $192.5K-
N/A

Summary: 48437 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 18.3%, 3 bedroom homes increased by 15.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

48437
+16.6%
48505
+3.4%
48458
-11.2%
48506
-15.7%

Housing Supply in 48437, MI

How many homes are available in 48437, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
220.0%

Summary: The 48437 real estate market had 2 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 11
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 48437 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for 48437, MI

How long does it take to sell a home in 48437, MI?

Average Listing Age

Nov 2023Nov 2024CHANGE
35 Days26 Days-26.8%

Summary: Homes in 48437 had an average listing age of 26 days in Nov 2024, down by 26.8% compared to the previous year.

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

Report Updated 17 Days Ago

Newest Listings in 48437, MI

Nearby Markets to 48437, MI