Housing Prices in 48770, MI

How much do homes in 48770, MI cost?

Median List Price

$175,000

$114/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

-$35,000(-16.7%)

Key Takeaway

The list price of homes in 48770 has decreased by 16.7% since last year.

Summary: The median home list price in 48770 was $175,000 in March 2024, down 16.7% from the previous year, and the median price per square foot was $114.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $215K$175K
-18.6%
3 $39.9K$175K
+338.6%
4 -$214.9K
N/A
5+ $210K$1.7M
+717.4%

Summary: 48770 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 decreased by 18.6%, 3 bedroom homes increased by 338.6%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 717.4%.

Median List Price Compared To Nearby Zip Codes

48763
+35.1%
48756
+29.3%
48739
-2.8%
48748
-3.5%
48770
-16.7%

Housing Supply in 48770, MI

How many homes are available in 48770, MI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
46+50.0%

Summary: The 48770 real estate market had 6 homes for sale in March 2024, a 50.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 11
0.0%
4 22
0.0%
5+ 12
+100.0%

Summary: The 48770 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 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Days on Market for 48770, MI

How long does it take to sell a home in 48770, MI?

Average Listing Age

Mar 2023Mar 2024CHANGE
37 Days86 Days+134.7%

Summary: Homes in 48770 had an average listing age of 86 days in Mar 2024, up by 134.7% compared to the previous year.

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

Report Updated 25 Days Ago

Newest Listings in 48770, MI

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