$2,250 Closing Credit*
$189,500
1,120 SqFt
2 Beds
•1 Full Bath
Patti J Warnke, Listing Office: Patti Warnke Real Estate Group
Housing Prices in 48871, MI
How much do homes in 48871, MI cost?
Median List Price
$299,200
$141/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$31,750(+11.9%)
Key Takeaway
The list price of homes in 48871 has increased by 11.9% since last year.
Summary: The median home list price in 48871 was $299,200 in October 2024, up 11.9% from the previous year, and the median price per square foot was $141.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $179.9K | $204.7K | +13.8% |
| 3 Bedrooms | $227.4K | $234.9K | +3.3% |
| 4 Bedrooms | $375.5K | $342K | -8.9% |
| 5+ Bedrooms | $229.7K | $382.5K | +66.5% |
Summary: 48871 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 13.8%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 8.9%, and 5+ bedroom homes increased by 66.5%.
Median List Price Compared To Nearby Zip Codes
| 48856 | $130K | $299K | +130.0% |
| 48835 | $165K | $225K | +36.4% |
| 48806 | $159.9K | $194.4K | +21.6% |
| 48871 | $267.4K | $299.2K | +11.9% |
Housing Supply in 48871, MI
How many homes are available in 48871, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 13 | +18.2% |
Summary: The 48871 real estate market had 13 homes for sale in October 2024, a 18.2% 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 5 | 8 | +60.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 48871 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 decreased by 50%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 60%, and 5+ bedroom homes decreased by 50%.
Days on Market for 48871, MI
How long does it take to sell a home in 48871, MI?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 147 Days | 59 Days | -59.4% |
Summary: Homes in 48871 had an average listing age of 59 days in Oct 2024, down by 59.4% 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.