Housing Prices in 48860, MI

How much do homes in 48860, MI cost?

Median List Price

$217,450

$141/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$25,000(+13.0%)

Key Takeaway

The list price of homes in 48860 has increased by 13% since last year.

Summary: The median home list price in 48860 was $217,450 in October 2024, up 13% from the previous year, and the median price per square foot was $141.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $84.9K$154.9K
+82.5%
3 $130K$205K
+57.7%
4 $269.9K$279.9K
+3.7%
5+ $287K$229.9K
-19.9%

Summary: 48860 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 82.5%, 3 bedroom homes increased by 57.7%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 19.9%.

Median List Price Compared To Nearby Zip Codes

48845
+24.9%
48860
+13.0%
48873
+11.1%
48846
+11.1%
48851
-5.6%

Housing Supply in 48860, MI

How many homes are available in 48860, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
330.0%

Summary: The 48860 real estate market had 3 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 00
0.0%
4 22
0.0%
5+ 10
-100.0%

Summary: The 48860 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Days on Market for 48860, MI

How long does it take to sell a home in 48860, MI?

Average Listing Age

Oct 2023Oct 2024CHANGE
126 Days68 Days-46.1%

Summary: Homes in 48860 had an average listing age of 68 days in Oct 2024, down by 46.1% compared to the previous year.

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

Report Updated 21 Days Ago

Newest Listings in 48860, MI

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