Housing Prices in 48745, MI

How much do homes in 48745, MI cost?

Median List Price

$177,450

$131/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$7,550(+4.4%)

Key Takeaway

The list price of homes in 48745 has increased by 4.4% since last year.

Summary: The median home list price in 48745 was $177,450 in October 2024, up 4.4% from the previous year, and the median price per square foot was $131.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $96K-
N/A
2 $199.9K$275K
+37.6%
3 $99.9K$169.9K
+70.1%
4 $169.9K-
N/A
5+ $198K-
N/A

Summary: 48745 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 37.6%, 3 bedroom homes increased by 70.1%, 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%
48737
-18.3%

Housing Supply in 48745, MI

How many homes are available in 48745, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
440.0%

Summary: The 48745 real estate market had 4 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 33
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 48745 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 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 48745, MI

How long does it take to sell a home in 48745, MI?

Average Listing Age

Oct 2023Oct 2024CHANGE
104 Days100 Days-4.1%

Summary: Homes in 48745 had an average listing age of 100 days in Oct 2024, down by 4.1% compared to the previous year.

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

Report Updated 14 Days Ago

Newest Listings in 48745, MI

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