$1,330 Closing Credit*
$112,000
1,200 SqFt
3 Beds
•2 Full Baths
Adam D Black, Listing Office: Ensley Real Estate
Housing Prices in 48818, MI
How much do homes in 48818, MI cost?
Median List Price
$272,500
$201/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$103,500(+61.2%)
Key Takeaway
The list price of homes in 48818 has increased by 61.2% since last year.
Summary: The median home list price in 48818 was $272,500 in October 2024, up 61.2% from the previous year, and the median price per square foot was $201.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $105K | $299.9K | +185.6% |
| 3 Bedrooms | $169K | $270K | +59.8% |
| 4 Bedrooms | $172.4K | $180K | +4.4% |
| 5+ Bedrooms | $374K | $609.4K | +63.0% |
Summary: 48818 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 185.6%, 3 bedroom homes increased by 59.8%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 63%.
Median List Price Compared To Nearby Zip Codes
| 48818 | $169K | $272.5K | +61.2% |
| 48891 | $140K | $209K | +49.3% |
| 48811 | $179.9K | $209K | +16.2% |
| 48877 | $180K | $177K | -1.7% |
Housing Supply in 48818, MI
How many homes are available in 48818, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 10 | +25.0% |
Summary: The 48818 real estate market had 10 homes for sale in October 2024, a 25.0% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 48818 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 increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Days on Market for 48818, MI
How long does it take to sell a home in 48818, MI?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 132 Days | 65 Days | -50.5% |
Summary: Homes in 48818 had an average listing age of 65 days in Oct 2024, down by 50.5% 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.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.