$1,603 Closing Credit*
$135,000
1,085 SqFt
4 Beds
•1 Full Bath
Ashlie Randolph, Listing Office: Jason Mitchell Real Estate Group-Lansing
Housing Prices in 48807, MI
How much do homes in 48807, MI cost?
Median List Price
$135,000
$146/sqft
Based on all homes listed in the last 12 months.
Difference Since December 2023
+$27,600(+25.7%)
Key Takeaway
The list price of homes in 48807 has increased by 25.7% since last year.
Summary: The median home list price in 48807 was $135,000 in December 2024, up 25.7% from the previous year, and the median price per square foot was $146.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $119.9K | $114.9K | -4.2% |
| 3 Bedrooms | $97.4K | $124.9K | +28.2% |
| 4 Bedrooms | $282.4K | $417.5K | +47.8% |
| 5+ Bedrooms | - | $2.5M | N/A |
Summary: 48807 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.2%, 3 bedroom homes increased by 28.2%, 4 bedroom homes increased by 47.8%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Zip Codes
| 48807 | $107.4K | $135K | +25.7% |
| 48614 | $188.5K | $199.9K | +6.0% |
| 48831 | $169.9K | $154.9K | -8.9% |
Housing Supply in 48807, MI
How many homes are available in 48807, MI?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Summary: The 48807 real estate market had 2 homes for sale in December 2024, the same as November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 48807 housing inventory by bedroom type for December 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 48807, MI
How long does it take to sell a home in 48807, MI?
Average Listing Age
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 137 Days | 59 Days | -56.7% |
Summary: Homes in 48807 had an average listing age of 59 days in Dec 2024, down by 56.7% compared to the previous year.
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.