Laingsburg, MI Home Values & Market Trends

Real estate market trends reflect that there have been 101 transactions over the past year in Laingsburg. The median value for residential home transactions that occurred over the previous year is $263,412.8. The number of current listings in Laingsburg is 9, and the percentage of properties for sale in the city is 9.00%. Laingsburg, MI currently has 8 properties in foreclosure, 3 bank owned properties, 5 properties headed for auction, and 9 properties for sale.

Laingsburg, MI Real Estate Market Overview

ZipMedian Est. Value
48848

$ 275,084

$ 165/sqft

Housing Market Summary for Laingsburg, MI

Mar 2023February 2024Change
Median Listing Price$240K$276.7K15.31%
Median Sold Price$241.1K$276.7K14.79%
Homes For Sale6833.33%
Homes Sold8674-13.95%
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 Laingsburg, MI

Laingsburg home values range from $25,535 to $1,429,629. The median estimated value of a home in Laingsburg is $263,412.8. The median list price of a home is 389,900, and the total count of properties in the city is 2,814.

Foreclosure
There is 1 zips within Laingsburg, MI; within this zips, the median estimated home value for homes in foreclosure ranges from $260,029 in 48848 to the lowest value of $116,242 in 48848. Foreclosure homes account for 0.00% of properties in Laingsburg, MI with 48848 containing 8 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Laingsburg, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Laingsburg, MI; of that zips, 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 Laingsburg, MI ranges from the highest value of $258,974 in 48848 to the lowest value of $116,242 in 48848. Bank owned homes and properties account for 0.11% of properties in Laingsburg, MI. There is 1 zips within Laingsburg, MI; 48848 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    48848 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Laingsburg, MI. Auction homes and other auction properties account for 0.18% of all properties in Laingsburg, MI. There is 1 zips within Laingsburg, MI; of that zips, the median estimated home value for homes going to auction ranges from $260,029 in 48848 to the lowest value of $179,900 in 48848.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.32% of residential properties in Laingsburg, MI with 48848 containing 9 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Laingsburg, MI; homes for sale in that zips, have a range of median values from $1,075,000 in 48848 to the lowest value of $95,353 in 48848.
    Sold Homes
    The median value for recently sold homes ranges from $861,393 in 48848 to the lowest price of $49,380 in 48848. There is 1 zips within Laingsburg, MI. 48848 has 70 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.49% of properties in Laingsburg, MI.

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      Guide for Laingsburg, MI

      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
      A new home
      Home Buying Financing
      How Much Should You Spend On Your First Home?
      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

      A new home
      How Much Should You Spend On Your First Home?
      Home Buying Financing|posted 6 March 2024

      Buying your first home is an exciting and significant milestone in life. It’s a decision that requires careful consideration, especially when it comes to finances. Understanding how much you should spend on your first home is crucial to ensure a smooth and stress-free buying process. In this article, we will explore the basics of home […]

      Recently Listed Homes Laingsburg, MI

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