Housing Prices in 48631, MI

How much do homes in 48631, MI cost?

Median List Price

$259,900

$130/sqft

Based on all homes listed in October 2024.

Difference Since Last Month

-$50,000(-16.1%)

Key Takeaway

The list price of homes in 48631 has decreased by 16.1% since September.

Summary: The median home list price in 48631 was $259,900 in October 2024, down 16.1% from the previous month, and the median price per square foot was $130.

Median List Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $72.4K$59.9K
-17.3%
3 -$254.9K
N/A
4 $309.9K$309.9K
0.0%
5+ --
N/A

Summary: 48631 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.3%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 48631, MI

How many homes are available in 48631, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
59+80.0%

Summary: The 48631 real estate market had 9 homes for sale in October 2024, a 80.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 04
+100.0%
4 34
+33.3%
5+ 00
0.0%

Summary: The 48631 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 decreased by 50%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Days on Market for 48631, MI

How long does it take to sell a home in 48631, MI?

Average Listing Age

Sep 2024Oct 2024CHANGE
18 Days26 Days+38.3%

Summary: Homes in 48631 had an average listing age of 26 days in Oct 2024, up by 38.3% compared to the previous month.

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

Report Updated 20 Days Ago

Newest Listings in 48631, MI

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