Housing Prices in 48637, MI

How much do homes in 48637, MI cost?

Median List Price

$175,000

$107/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

+$20,050(+12.9%)

Key Takeaway

The list price of homes in 48637 has increased by 12.9% since last year.

Summary: The median home list price in 48637 was $175,000 in April 2024, up 12.9% from the previous year, and the median price per square foot was $107.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$149K
N/A
2 $222.4K$90K
-59.5%
3 $162.4K$179.9K
+10.8%
4 $149K$234.7K
+57.6%
5+ $134.9K$134.9K
0.0%

Summary: 48637 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 59.5%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 57.6%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

48626
+27.2%
48655
+13.3%
48637
+12.9%
48640
+10.5%

Housing Supply in 48637, MI

How many homes are available in 48637, MI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
410+150.0%

Summary: The 48637 real estate market had 10 homes for sale in April 2024, a 150.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 37
+133.3%
4 01
+100.0%
5+ 00
0.0%

Summary: The 48637 housing inventory by bedroom type for April 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 133.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Days on Market for 48637, MI

How long does it take to sell a home in 48637, MI?

Average Listing Age

Apr 2023Apr 2024CHANGE
106 Days34 Days-67.7%

Summary: Homes in 48637 had an average listing age of 34 days in Apr 2024, down by 67.7% compared to the previous year.

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

Report Updated 16 Days Ago

Newest Listings in 48637, MI

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