Housing Prices in 48738, MI

How much do homes in 48738, MI cost?

Median List Price

$179,900

$145/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

-$20,099(-10.0%)

Key Takeaway

The list price of homes in 48738 has decreased by 10% since last year.

Summary: The median home list price in 48738 was $179,900 in November 2024, down 10% from the previous year, and the median price per square foot was $145.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $139.9K$152.4K
+9.0%
3 $259K$229.4K
-11.4%
4 -$500K
N/A
5+ $75K$299.9K
+299.9%

Summary: 48738 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9%, 3 bedroom homes decreased by 11.4%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 299.9%.

Median List Price Compared To Nearby Zip Codes

48745
+16.6%
48750
+14.8%
48740
0.0%
48738
-10.0%

Housing Supply in 48738, MI

How many homes are available in 48738, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
550.0%

Summary: The 48738 real estate market had 5 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 22
0.0%
5+ 11
0.0%

Summary: The 48738 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, 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

Nov 2023Nov 2024CHANGE
95 Days53 Days-43.8%

Summary: Homes in 48738 had an average listing age of 53 days in Nov 2024, down by 43.8% compared to the previous year.

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

Report Updated 21 Days Ago

Newest Listings in 48738, MI

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