Housing Prices in 48742, MI
How much do homes in 48742, MI cost?
Median List Price
$164,900
$101/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in 48742 has increased by 6.5% since last year.
Summary: The median home list price in 48742 was $164,900 in April 2024, up 6.5% from the previous year, and the median price per square foot was $101.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $139.9K | $60K | -57.1% |
| 2 Bedrooms | $112.4K | $133K | +18.3% |
| 3 Bedrooms | $159.9K | $169.9K | +6.3% |
| 4 Bedrooms | $384.4K | $288K | -25.1% |
| 5+ Bedrooms | - | $220K | N/A |
Summary: 48742 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 57.1%, 2 bedroom homes increased by 18.3%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 25.1%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Zip Codes
| 48705 | $99.9K | $194.7K | +94.9% |
| 48742 | $154.9K | $164.9K | +6.5% |
| 48740 | $179.5K | $189.4K | +5.5% |
| 48762 | $140K | $140K | 0.0% |
| 48721 | $429.4K | $257.4K | -40.1% |
Housing Supply in 48742, MI
How many homes are available in 48742, MI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Summary: The 48742 real estate market had 7 homes for sale in April 2024, a 16.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 48742 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for 48742, MI
How long does it take to sell a home in 48742, MI?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 448 Days | 357 Days | -20.3% |
Summary: Homes in 48742 had an average listing age of 357 days in Apr 2024, down by 20.3% compared to the previous year.
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