$1,376 Closing Credit*
$115,900
655 SqFt
2 Beds
•1 Full Bath
Kiley A Trefil, Listing Office: Impact Real Estate
Housing Prices in 48856, MI
How much do homes in 48856, MI cost?
Median List Price
$193,099
$119/sqft
Based on all homes listed in the last 12 months.
Difference Since November 2023
+$63,099(+48.5%)
Key Takeaway
The list price of homes in 48856 has increased by 48.5% since last year.
Summary: The median home list price in 48856 was $193,099 in November 2024, up 48.5% from the previous year, and the median price per square foot was $119.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | $130K | 0.0% |
| 2 Bedrooms | - | $107.7K | N/A |
| 3 Bedrooms | $84.9K | $249.4K | +193.9% |
| 4 Bedrooms | $169.9K | $399K | +134.8% |
| 5+ Bedrooms | - | $313K | N/A |
Summary: 48856 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 did not change, 3 bedroom homes increased by 193.9%, 4 bedroom homes increased by 134.8%, and 5+ bedroom homes did not change.
Housing Supply in 48856, MI
How many homes are available in 48856, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Summary: The 48856 real estate market had 7 homes for sale in November 2024, a 75.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 3 | +200.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 48856 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 increased by 200%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for 48856, MI
How long does it take to sell a home in 48856, MI?
Average Listing Age
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 141 Days | 119 Days | -15.1% |
Summary: Homes in 48856 had an average listing age of 119 days in Nov 2024, down by 15.1% 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.