Housing Prices in 48631, MI

How much do homes in 48631, MI cost?

Median List Price

$269,900

$126/sqft

Based on all homes listed in November 2024.

Difference Since Last Month

+$10,000(+3.8%)

Key Takeaway

The list price of homes in 48631 has increased by 3.8% since October.

Summary: The median home list price in 48631 was $269,900 in November 2024, up 3.8% from the previous month, and the median price per square foot was $126.

Median List Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $59.9K$54.9K
-8.3%
3 $254.9K$259.9K
+2.0%
4 $309.9K$309.9K
0.0%
5+ -$380K
N/A

Summary: 48631 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.3%, 3 bedroom homes increased by 2%, 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

Oct 2024Nov 2024CHANGE
912+33.3%

Summary: The 48631 real estate market had 12 homes for sale in November 2024, a 33.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 45
+25.0%
4 44
0.0%
5+ 01
+100.0%

Summary: The 48631 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 increased by 100%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Days on Market for 48631, MI

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

Average Listing Age

Oct 2024Nov 2024CHANGE
29 Days40 Days+40.0%

Summary: Homes in 48631 had an average listing age of 40 days in Nov 2024, up by 40% compared to the previous month.

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

Report Updated 21 Days Ago

Newest Listings in 48631, MI

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