Housing Prices in 48450, MI
How much do homes in 48450, MI cost?
Median List Price
$227,900
$203/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in 48450 has increased by 1.3% since last year.
Summary: The median home list price in 48450 was $227,900 in April 2024, up 1.3% from the previous year, and the median price per square foot was $203.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $18.9K | $187.4K | +891.5% |
| 2 Bedrooms | $152.2K | $225K | +47.8% |
| 3 Bedrooms | $249.9K | $229.9K | -8.0% |
| 4 Bedrooms | $334.9K | $269K | -19.7% |
| 5+ Bedrooms | $399K | $494.5K | +23.9% |
Summary: 48450 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 891.5%, 2 bedroom homes increased by 47.8%, 3 bedroom homes decreased by 8%, 4 bedroom homes decreased by 19.7%, and 5+ bedroom homes increased by 23.9%.
Housing Supply in 48450, MI
How many homes are available in 48450, MI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 15 | 22 | +46.7% |
Summary: The 48450 real estate market had 22 homes for sale in April 2024, a 46.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 7 | 12 | +71.4% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 48450 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 71.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for 48450, MI
How long does it take to sell a home in 48450, MI?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 150 Days | 70 Days | -53.2% |
Summary: Homes in 48450 had an average listing age of 70 days in Apr 2024, down by 53.2% compared to the previous year.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright MiRealSource.