Housing Prices in 48866, MI
How much do homes in 48866, MI cost?
Median List Price
$191,400
$126/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in 48866 has increased by 19.7% since last year.
Summary: The median home list price in 48866 was $191,400 in March 2024, up 19.7% from the previous year, and the median price per square foot was $126.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $164.9K | $149.9K | -9.1% |
| 3 Bedrooms | $147.5K | $199.9K | +35.5% |
| 4 Bedrooms | $199.9K | $191.4K | -4.3% |
| 5+ Bedrooms | $222.5K | $244.9K | +10.1% |
Summary: 48866 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 9.1%, 3 bedroom homes increased by 35.5%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 10.1%.
Housing Supply in 48866, MI
How many homes are available in 48866, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Summary: The 48866 real estate market had 3 homes for sale in March 2024, a 25.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 48866 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Days on Market for 48866, MI
How long does it take to sell a home in 48866, MI?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 103 Days | 34 Days | -66.7% |
Summary: Homes in 48866 had an average listing age of 34 days in Mar 2024, down by 66.7% compared to the previous year.
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.