Housing Prices in 48654, MI
How much do homes in 48654, MI cost?
Median List Price
$164,900
$135/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in 48654 has decreased by 15.4% since last year.
Summary: The median home list price in 48654 was $164,900 in March 2024, down 15.4% from the previous year, and the median price per square foot was $135.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $52.4K | N/A |
| 2 Bedrooms | $96.2K | $114.9K | +19.4% |
| 3 Bedrooms | $250K | $169.4K | -32.2% |
| 4 Bedrooms | $280K | $292K | +4.3% |
| 5+ Bedrooms | - | $879.4K | N/A |
Summary: 48654 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.4%, 3 bedroom homes decreased by 32.2%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Zip Codes
| 48661 | $159.9K | $192K | +20.1% |
| 48635 | $139.9K | $154.9K | +10.7% |
| 48761 | $157.4K | $164.9K | +4.7% |
| 48636 | $135K | $122.5K | -9.3% |
| 48654 | $194.9K | $164.9K | -15.4% |
Housing Supply in 48654, MI
How many homes are available in 48654, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 9 | +12.5% |
Summary: The 48654 real estate market had 9 homes for sale in March 2024, a 12.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 48654 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for 48654, MI
How long does it take to sell a home in 48654, MI?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 179 Days | 87 Days | -51.0% |
Summary: Homes in 48654 had an average listing age of 87 days in Mar 2024, down by 51% compared to the previous year.
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