Housing Prices in 48818, MI

How much do homes in 48818, MI cost?

Median List Price

$230,000

$166/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

+$61,000(+36.1%)

Key Takeaway

The list price of homes in 48818 has increased by 36.1% since last year.

Summary: The median home list price in 48818 was $230,000 in November 2024, up 36.1% from the previous year, and the median price per square foot was $166.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $150K$299.9K
+99.9%
3 $165K$230K
+39.4%
4 $180K$180K
0.0%
5+ $319K$899.9K
+182.1%

Summary: 48818 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 99.9%, 3 bedroom homes increased by 39.4%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 182.1%.

Median List Price Compared To Nearby Zip Codes

48818
+36.1%
48889
+26.1%
48811
+4.9%
48877
-43.9%

Housing Supply in 48818, MI

How many homes are available in 48818, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1214+16.7%

Summary: The 48818 real estate market had 14 homes for sale in November 2024, a 16.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1012
+20.0%
4 00
0.0%
5+ 11
0.0%

Summary: The 48818 housing inventory by bedroom type for November 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 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for 48818, MI

How long does it take to sell a home in 48818, MI?

Average Listing Age

Nov 2023Nov 2024CHANGE
97 Days78 Days-18.8%

Summary: Homes in 48818 had an average listing age of 78 days in Nov 2024, down by 18.8% compared to the previous year.

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

Report Updated 17 Days Ago

Newest Listings in 48818, MI

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