Housing Prices in 48738, MI

How much do homes in 48738, MI cost?

Median List Price

$179,900

$159/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

-$2,599(-1.4%)

Key Takeaway

The list price of homes in 48738 has decreased by 1.4% since last year.

Summary: The median home list price in 48738 was $179,900 in October 2024, down 1.4% from the previous year, and the median price per square foot was $159.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $115.9K$159.9K
+38.0%
3 $251.9K$229.4K
-8.9%
4 -$500K
N/A
5+ $75K-
N/A

Summary: 48738 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 38%, 3 bedroom homes decreased by 8.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

48750
+23.3%
48740
+5.0%
48745
+4.4%
48738
-1.4%

Housing Supply in 48738, MI

How many homes are available in 48738, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
14+300.0%

Summary: The 48738 real estate market had 4 homes for sale in October 2024, a 300.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 02
+100.0%
4 02
+100.0%
5+ 00
0.0%

Summary: The 48738 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 100%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Days on Market for 48738, MI

How long does it take to sell a home in 48738, MI?

Average Listing Age

Oct 2023Oct 2024CHANGE
110 Days15 Days-86.2%

Summary: Homes in 48738 had an average listing age of 15 days in Oct 2024, down by 86.2% compared to the previous year.

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

Report Updated 13 Days Ago

Newest Listings in 48738, MI

Nearby Markets to 48738, MI