Housing Prices in 48745, MI
How much do homes in 48745, MI cost?
Median List Price
$174,650
$114/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in 48745 has decreased by 12.6% since last year.
Summary: The median home list price in 48745 was $174,650 in April 2024, down 12.6% from the previous year, and the median price per square foot was $114.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $96K | N/A |
| 2 Bedrooms | $199.9K | $237.4K | +18.8% |
| 3 Bedrooms | $219.6K | $154.9K | -29.5% |
| 4 Bedrooms | - | $169.9K | N/A |
| 5+ Bedrooms | - | $198K | N/A |
Summary: 48745 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 increased by 18.8%, 3 bedroom homes decreased by 29.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Zip Codes
| 48738 | $142.4K | $199.9K | +40.4% |
| 48750 | $134.9K | $159.9K | +18.5% |
| 48740 | $179.5K | $189.4K | +5.5% |
| 48737 | $192.4K | $195K | +1.3% |
| 48745 | $199.9K | $174.6K | -12.6% |
Housing Supply in 48745, MI
How many homes are available in 48745, MI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Summary: The 48745 real estate market had 5 homes for sale in April 2024, a 66.7% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 2 | 4 | +100.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 48745 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 48745, MI
How long does it take to sell a home in 48745, MI?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 103 Days | 67 Days | -35.0% |
Summary: Homes in 48745 had an average listing age of 67 days in Apr 2024, down by 35% compared to the previous year.
© 2024 Water Wonderland MLS, Inc © All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Water Wonderland MLS (WWLX). Real estate listings held by brokerage firms other than this broker are marked with the WWLX logo and the detailed information about said listing includes the listing office.The listings displayed come from various Water Wonderland Board of REALTORS® member offices who have chosen to participate in WWBR. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the site hosting broker(s), nor the listing broker or Water Wonderland Board of REALTORS® shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.