$3,800 Closing Credit*
$320,000
1,296 SqFt
3 Beds
•1 Full Bath, 1 Partial
Amy Sue Tucker, Listing Office: Tucker Benner Realty LLC
Housing Prices in 48861, MI
How much do homes in 48861, MI cost?
Median List Price
$224,400
$129/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$49,400(+28.2%)
Key Takeaway
The list price of homes in 48861 has increased by 28.2% since last year.
Summary: The median home list price in 48861 was $224,400 in October 2024, up 28.2% from the previous year, and the median price per square foot was $129.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $165K | $167.4K | +1.5% |
| 3 Bedrooms | $172.5K | $194.9K | +13.0% |
| 4 Bedrooms | $249.9K | $385K | +54.1% |
| 5+ Bedrooms | $174K | $285K | +63.8% |
Summary: 48861 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 1.5%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 54.1%, and 5+ bedroom homes increased by 63.8%.
Housing Supply in 48861, MI
How many homes are available in 48861, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Summary: The 48861 real estate market had 6 homes for sale in October 2024, a 100.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 48861 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 increased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Days on Market for 48861, MI
How long does it take to sell a home in 48861, MI?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 72 Days | 33 Days | -53.9% |
Summary: Homes in 48861 had an average listing age of 33 days in Oct 2024, down by 53.9% 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.