Housing Prices in 48722, MI

How much do homes in 48722, MI cost?

Median List Price

$162,000

$112/sqft

Based on all homes listed in the last 12 months.

Difference Since December 2023

+$2,100(+1.3%)

Key Takeaway

The list price of homes in 48722 has increased by 1.3% since last year.

Summary: The median home list price in 48722 was $162,000 in December 2024, up 1.3% from the previous year, and the median price per square foot was $112.

Median List Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$69.9K
N/A
2 $59.9K$115K
+92.0%
3 $163.4K$179.9K
+10.1%
4 $175.8K$150K
-14.7%
5+ -$394K
N/A

Summary: 48722 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 increased by 92%, 3 bedroom homes increased by 10.1%, 4 bedroom homes decreased by 14.7%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

48601
+18.0%
48415
+6.7%
48722
+1.3%
48734
+0.6%

Housing Supply in 48722, MI

How many homes are available in 48722, MI?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
912+33.3%

Summary: The 48722 real estate market had 12 homes for sale in December 2024, a 33.3% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 77
0.0%
4 12
+100.0%
5+ 13
+200.0%

Summary: The 48722 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 increased by 100%, and 5+ bedroom homes increased by 200%.

Days on Market for 48722, MI

How long does it take to sell a home in 48722, MI?

Average Listing Age

Dec 2023Dec 2024CHANGE
85 Days113 Days+32.8%

Summary: Homes in 48722 had an average listing age of 113 days in Dec 2024, up by 32.8% compared to the previous year.

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

Report Updated 2 Days Ago

Newest Listings in 48722, MI

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