$2,019 Closing Credit*
$170,000
1,152 SqFt
3 Beds
•1 Full Bath
KAREN WILTSE, Listing Office: WILTSE REALTY
Is 48756, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 48756 has remained a Seller's Market.
Key Takeaway
48756 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 48756, MI
How much do homes in 48756, MI cost?
Median Sold Price
$107,500
$102/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$14,050(+15.0%)
Key Takeaway
Homes in 48756 have sold for 15% more than they did a year ago.
Summary: The median home sold price in 48756 was $107,500 in October 2024, up 15% from last year, and the median price per square foot was $102.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $85K | $65K | -23.5% |
| 2 Bedrooms | $72K | $82K | +13.9% |
| 3 Bedrooms | $104.5K | $165K | +57.9% |
| 4 Bedrooms | $30K | $76.5K | +155.0% |
| 5+ Bedrooms | - | $247K | N/A |
Summary: 48756 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.5%, 2 bedroom homes increased by 13.9%, 3 bedroom homes increased by 57.9%, 4 bedroom homes increased by 155%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 48659 | $122K | $170K | +39.3% |
| 48756 | $93.4K | $107.5K | +15.0% |
| 48610 | $110K | $122.7K | +11.5% |
Housing Supply in 48756, MI
How many homes are available in 48756, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 20 | -4.8% |
Summary: The 48756 real estate market had 20 homes for sale in October 2024, a 4.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 9 | 7 | -22.2% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 48756 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 22.2%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 48756, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 48756 in October 2024, down by 16.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for 48756, MI
How long does it take to sell a home in 48756, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 56 Days | 119 Days | +111.4% |
Summary: Homes in 48756 had an average of 119 days on market in Oct 2024, up by 111.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 48756 has remained consistent over time.
Summary: During October 2024, 5 homes were sold in 48756; 0% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. 
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