48651 Home Values & Market Trends

There are 18 homes currently listed for 48651. 48651 real estate market trends show that home prices range from $28,500 to $539,000, and the median sales price in the 48651 zip code is $201,842.71. The total number of properties sold within the past twelve months is 36. In 48651, 0 properties are in foreclosure, 0 are bank owned properties,and 0 are headed for auction.

Housing Market Summary for 48651

Mar 2023February 2024Change
Median Listing Price$254.9K$237.6K-6.81%
Median Sold Price$169K$237.6K40.56%
Homes For Sale91566.67%
Homes Sold2912-58.62%
Price
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Homes For Sale
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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 48651

The median list price of a home in Prudenville, is $201,842.71. A total of 18 properties are for sale, and the percentage of properties for sale in the zip code is 18.00%. The total count of 48651 properties is 1,899.

Foreclosure
There is 1 cities within 48651; within this cities, the median estimated home value for homes in foreclosure ranges from $0 in $[foreclosures-lowest-avm-region] to the lowest value of $0 in $[foreclosures-lowest-avm-region]. Foreclosure homes account for NaN% of properties in 48651 with $[foreclosures-highest-count-region] containing 0 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 48651 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 48651; 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 48651 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 48651. There is 1 cities within 48651; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 48651. Auction homes and other auction properties account for 0% of all properties in 48651. There is 1 cities within 48651; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.95% of residential properties in 48651 with prudenville containing 18 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 48651; homes for sale in that cities, have a range of median values from $617,302 in prudenville to the lowest value of $57,958 in prudenville.
    Sold Homes
    The median value for recently sold homes ranges from $685,910 in prudenville to the lowest price of $50,618 in prudenville. There is 1 cities within 48651. prudenville has 14 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 0.74% of properties in 48651.

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      Guide for 48651

      RealtyTrac Market Report
      Michigan
      2023 Michigan Real Estate Market: Analysis Reveals Booming Property Values and Volatile Sold Prices
      Michigan
      Detroit Real Estate Market Holds Steady: 2023 in Review
      Investment Guides
      Why Buying a Foreclosure is a Smart Move
      Investing Strategies
      How To Identify The Best Cities to Invest In 2024
      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.

      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

      How To Identify The Best Cities to Invest In 2024
      Investing Strategies|posted 28 March 2024

      How to find the cities to invest in for 2024 and make informed decisions for your financial future.

      Recently Listed Homes 48651

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