Housing Prices in 48860, MI
How much do homes in 48860, MI cost?
Median List Price
$244,900
$152/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in 48860 has increased by 22.5% since last year.
Summary: The median home list price in 48860 was $244,900 in April 2024, up 22.4% from the previous year, and the median price per square foot was $152.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | - | N/A |
| 2 Bedrooms | $84.9K | $144.9K | +70.7% |
| 3 Bedrooms | $159.9K | $214.9K | +34.4% |
| 4 Bedrooms | $298.6K | $279.9K | -6.3% |
| 5+ Bedrooms | $287K | $287K | 0.0% |
Summary: 48860 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 70.7%, 3 bedroom homes increased by 34.4%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Zip Codes
| 48851 | $129.9K | $187.4K | +44.2% |
| 48860 | $200K | $244.9K | +22.4% |
| 48846 | $179K | $194.9K | +8.9% |
Housing Supply in 48860, MI
How many homes are available in 48860, MI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Summary: The 48860 real estate market had 3 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 48860 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 decreased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Days on Market for 48860, MI
How long does it take to sell a home in 48860, MI?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 201 Days | 75 Days | -62.4% |
Summary: Homes in 48860 had an average listing age of 75 days in Apr 2024, down by 62.4% compared to the previous year.
