$1,543 Closing Credit*
$129,900
1,532 SqFt
3 Beds
•2 Full Baths
Amy Roznowski, Listing Office: Real Estate One of Alpena
Housing Prices in 48762, MI
How much do homes in 48762, MI cost?
Median List Price
$140,000
$91/sqft
Based on all homes listed in the last 12 months.
The Median List Price hasn't changed since October 2023.
Key Takeaway
The list price of homes in 48762 has remained the same since last year.
Summary: The median home list price in 48762 was $140,000 in October 2024, the same as the previous year, and the median price per square foot was $91.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $130K | $159.9K | +23.0% |
| 3 Bedrooms | $207.5K | $77.5K | -62.7% |
| 4 Bedrooms | - | $200K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 48762 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 23%, 3 bedroom homes decreased by 62.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Zip Codes
| 48705 | $128.4K | $244.4K | +90.3% |
| 49747 | $146.4K | $269.9K | +84.3% |
| 48721 | $257.4K | $410K | +59.3% |
| 48742 | $159.9K | $170K | +6.3% |
| 48762 | $140K | $140K | 0.0% |
Housing Supply in 48762, MI
How many homes are available in 48762, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Summary: The 48762 real estate market had 6 homes for sale in October 2024, a 50.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 48762 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 increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Days on Market for 48762, MI
How long does it take to sell a home in 48762, MI?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 127 Days | 110 Days | -13.4% |
Summary: Homes in 48762 had an average listing age of 110 days in Oct 2024, down by 13.4% compared to the previous year.
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