48329 Home Values & Market Trends

There are 34 homes currently listed for 48329. 48329 real estate market trends show that home prices range from $164,500 to $849,900, and the median sales price in the 48329 zip code is $262,410.23. The total number of properties sold within the past twelve months is 384. In 48329, 11 properties are in foreclosure, 4 are bank owned properties,and 7 are headed for auction.

Housing Market Summary for 48329

Apr 2023March 2024Change
Median Listing Price$270K$259.4K-3.93%
Median Sold Price$265K$259.4K-2.12%
Homes For Sale4632-30.43%
Homes Sold25428110.63%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 48329

The median list price of a home in Waterford, is $262,410.23. A total of 34 properties are for sale, and the percentage of properties for sale in the zip code is 34.00%. The total count of 48329 properties is 10,052.

Foreclosure
There is 1 cities within 48329; within this cities, the median estimated home value for homes in foreclosure ranges from $1,253,499 in waterford to the lowest value of $80,986 in waterford. Foreclosure homes account for 0.00% of properties in 48329 with waterford containing 32 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 48329 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 48329; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 48329 ranges from the highest value of $1,253,499 in waterford to the lowest value of $109,341 in waterford. Bank owned homes and properties account for 0.04% of properties in 48329. There is 1 cities within 48329; waterford containing 8 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    waterford has 24 auction properties, the highest number of properties going to auction in a single city in the state of 48329. Auction homes and other auction properties account for 0.07% of all properties in 48329. There is 1 cities within 48329; of that cities, the median estimated home value for homes going to auction ranges from $422,250 in waterford to the lowest value of $80,986 in waterford.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.34% of residential properties in 48329 with waterford containing 110 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 48329; homes for sale in that cities, have a range of median values from $1,297,781 in waterford to the lowest value of $53,571 in waterford.
    Sold Homes
    The median value for recently sold homes ranges from $2,259,007 in waterford to the lowest price of $29,589 in waterford. There is 1 cities within 48329. waterford has 832 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.76% of properties in 48329.

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      Guide for 48329

      RealtyTrac Market Report
      Michigan
      2023 Michigan Real Estate Market: Analysis Reveals Booming Property Values and Volatile Sold Prices
      Michigan
      Lansing Home Values Surge to $132,500 Amid Real Estate Growth
      Michigan
      Detroit Real Estate Market Holds Steady: 2023 in Review
      Investment Guides
      Why Buying a Foreclosure is a Smart Move
      See More Articles
      RealtyTrac Market Report
      2023 Michigan Real Estate Market: Analysis Reveals Booming Property Values and Volatile Sold Prices
      Michigan|posted 8 December 2023

      Explore the nuances of Michigan’s 2023 real estate market, where rising property values meet shifting sold prices and distressed properties offer investment opportunities amidst a stable yet competitive landscape.

      Lansing Home Values Surge to $132,500 Amid Real Estate Growth
      Michigan|posted 23 April 2024

      Lansing’s real estate market has seen substantial growth in home values and sales prices from April 2023 to March 2024, positioning the city as an attractive investment prospect.

      Detroit Real Estate Market Holds Steady: 2023 in Review
      Michigan|posted 25 January 2024

      The 2023 Detroit real estate market trend showed steady average listing values and an increase in property sales, with neighboring cities displaying more fluctuation but higher property values. This reflects the city’s resilience amidst an unpredictable industry landscape.

      Why Buying a Foreclosure is a Smart Move
      Investment Guides|posted 15 November 2017

      Why Buying a Foreclosure is a Smart Move