Housing Prices in 48502, MI

How much do homes in 48502, MI cost?

Median List Price

$99,800

$32/sqft

Based on all homes listed in the last 12 months.

Difference Since December 2023

-$49,650(-33.2%)

Key Takeaway

The list price of homes in 48502 has decreased by 33.2% since last year.

Summary: The median home list price in 48502 was $99,800 in December 2024, down 33.2% from the previous year, and the median price per square foot was $32.

Median List Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 -$147.4K
N/A
4 $229.9K-
N/A
5+ $69K$69K
0.0%

Summary: 48502 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 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

48503
+6.1%
48502
-33.2%

Housing Supply in 48502, MI

How many homes are available in 48502, MI?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
21-50.0%

Summary: The 48502 real estate market had 1 homes for sale in December 2024, a 50.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 00
0.0%
4 00
0.0%
5+ 21
-50.0%

Summary: The 48502 housing inventory by bedroom type for December 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 decreased by 50%.

Days on Market for 48502, MI

How long does it take to sell a home in 48502, MI?

Average Listing Age

Dec 2023Dec 2024CHANGE
177 Days89 Days-49.7%

Summary: Homes in 48502 had an average listing age of 89 days in Dec 2024, down by 49.7% compared to the previous year.

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

Report Updated 7 Days Ago

Newest Listings in 48502, MI

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