Housing Prices in 48737, MI

How much do homes in 48737, MI cost?

Median List Price

$195,000

$125/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

+$2,550(+1.3%)

Key Takeaway

The list price of homes in 48737 has increased by 1.3% since last year.

Summary: The median home list price in 48737 was $195,000 in April 2024, up 1.3% from the previous year, and the median price per square foot was $125.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $350K$114.4K
-67.3%
2 $152.7K$159.9K
+4.7%
3 $189.9K$279.9K
+47.4%
4 $219K$224.9K
+2.7%
5+ $195K$195K
0.0%

Summary: 48737 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 67.3%, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 47.4%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

48761
+34.5%
48750
+18.5%
48737
+1.3%
48739
-11.1%
48745
-12.6%

Housing Supply in 48737, MI

How many homes are available in 48737, MI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
39+200.0%

Summary: The 48737 real estate market had 9 homes for sale in April 2024, a 200.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 17
+600.0%
3 22
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 48737 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 600%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for 48737, MI

How long does it take to sell a home in 48737, MI?

Average Listing Age

Apr 2023Apr 2024CHANGE
106 Days35 Days-66.3%

Summary: Homes in 48737 had an average listing age of 35 days in Apr 2024, down by 66.3% compared to the previous year.

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

Report Updated 4 Days Ago

Newest Listings in 48737, MI

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