Housing Prices in 48662, MI

How much do homes in 48662, MI cost?

Median List Price

$229,900

$128/sqft

Based on all homes listed in May 2024.

Difference Since Last Month

-$26,100(-10.2%)

Key Takeaway

The list price of homes in 48662 has decreased by 10.2% since April.

Summary: The median home list price in 48662 was $229,900 in May 2024, down 10.2% from the previous month, and the median price per square foot was $128.

Median List Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $350K$190K
-45.7%
4 $242.9K$242.9K
0.0%
5+ --
N/A

Summary: 48662 housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 45.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 48662, MI

How many homes are available in 48662, MI?

Number of Homes For Sale

Apr 2024May 2024CHANGE
35+66.7%

Summary: The 48662 real estate market had 5 homes for sale in May 2024, a 66.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 13
+200.0%
4 22
0.0%
5+ 00
0.0%

Summary: The 48662 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 200%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for 48662, MI

How long does it take to sell a home in 48662, MI?

Average Listing Age

Apr 2024May 2024CHANGE
56 Days52 Days-6.6%

Summary: Homes in 48662 had an average listing age of 52 days in May 2024, down by 6.6% compared to the previous month.

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

Report Updated 2 Days Ago

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