Housing Prices in 48845, MI

How much do homes in 48845, MI cost?

Median List Price

$199,900

$106/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$39,900(+24.9%)

Key Takeaway

The list price of homes in 48845 has increased by 24.9% since last year.

Summary: The median home list price in 48845 was $199,900 in October 2024, up 24.9% from the previous year, and the median price per square foot was $106.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $142.5K$110K
-22.8%
3 $205K$254.9K
+24.3%
4 -$229.9K
N/A
5+ $179K$199.9K
+11.7%

Summary: 48845 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 decreased by 22.8%, 3 bedroom homes increased by 24.3%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 11.7%.

Median List Price Compared To Nearby Zip Codes

48835
+36.4%
48845
+24.9%
48811
+16.2%
48860
+13.0%
48873
+11.1%

Housing Supply in 48845, MI

How many homes are available in 48845, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
24+100.0%

Summary: The 48845 real estate market had 4 homes for sale in October 2024, a 100.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 10
-100.0%
4 01
+100.0%
5+ 12
+100.0%

Summary: The 48845 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 100%, 3 bedroom homes decreased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Days on Market for 48845, MI

How long does it take to sell a home in 48845, MI?

Average Listing Age

Oct 2023Oct 2024CHANGE
68 Days10 Days-85.0%

Summary: Homes in 48845 had an average listing age of 10 days in Oct 2024, down by 85% compared to the previous year.

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

Report Updated 23 Days Ago

Newest Listings in 48845, MI

Nearby Markets to 48845, MI