Housing Prices in 48832, MI

How much do homes in 48832, MI cost?

Median List Price

$155,000

$110/sqft

Based on all homes listed in the last 12 months.

Difference Since December 2023

-$19,900(-11.4%)

Key Takeaway

The list price of homes in 48832 has decreased by 11.4% since last year.

Summary: The median home list price in 48832 was $155,000 in December 2024, down 11.4% from the previous year, and the median price per square foot was $110.

Median List Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $70K-
N/A
2 $145K$172.4K
+18.9%
3 $188.9K$188.9K
0.0%
4 $142.2K$110K
-22.7%
5+ -$133K
N/A

Summary: 48832 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 increased by 18.9%, 3 bedroom homes did not change, 4 bedroom homes decreased by 22.7%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

48883
+29.0%
48801
+8.5%
48832
-11.4%
48877
-35.2%

Housing Supply in 48832, MI

How many homes are available in 48832, MI?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
21-50.0%

Summary: The 48832 real estate market had 1 homes for sale in December 2024, a 50.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 20
-100.0%
4 00
0.0%
5+ 01
+100.0%

Summary: The 48832 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 decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Days on Market for 48832, MI

How long does it take to sell a home in 48832, MI?

Average Listing Age

Dec 2023Dec 2024CHANGE
188 Days26 Days-86.2%

Summary: Homes in 48832 had an average listing age of 26 days in Dec 2024, down by 86.2% compared to the previous year.

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

Report Updated 4 Days Ago

Newest Listings in 48832, MI

Nearby Markets to 48832, MI