49348 Home Values & Market Trends

There are 12 homes currently listed for 49348. 49348 real estate market trends show that home prices range from $129,900 to $599,000, and the median sales price in the 49348 zip code is $305,716.87. The total number of properties sold within the past twelve months is 194. In 49348, 4 properties are in foreclosure, 3 are bank owned properties,and 1 are headed for auction.

49348 Real Estate Market Overview

CityMedian Est. Value
Wayland

$ 248,723

$ 150/sqft

Housing Market Summary for 49348

Mar 2023February 2024Change
Median Listing Price$309.9K$279.8K-9.73%
Median Sold Price$276.7K$279.8K1.12%
Homes For Sale1010-
Homes Sold150148-1.33%
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 49348

The median list price of a home in Wayland, is $305,716.87. A total of 12 properties are for sale, and the percentage of properties for sale in the zip code is 12.00%. The total count of 49348 properties is 4,338.

Foreclosure
There is 1 cities within 49348; within this cities, the median estimated home value for homes in foreclosure ranges from $331,279 in wayland to the lowest value of $204,438 in wayland. Foreclosure homes account for 0.00% of properties in 49348 with wayland containing 4 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 49348 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 49348; 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 49348 ranges from the highest value of $282,873 in wayland to the lowest value of $204,438 in wayland. Bank owned homes and properties account for 0.07% of properties in 49348. There is 1 cities within 49348; wayland containing 3 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    wayland has 1 auction properties, the highest number of properties going to auction in a single city in the state of 49348. Auction homes and other auction properties account for 0.02% of all properties in 49348. There is 1 cities within 49348; of that cities, the median estimated home value for homes going to auction ranges from $331,279 in wayland to the lowest value of $331,279 in wayland.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.28% of residential properties in 49348 with wayland containing 12 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 49348; homes for sale in that cities, have a range of median values from $575,757 in wayland to the lowest value of $38,048 in wayland.
    Sold Homes
    The median value for recently sold homes ranges from $1,555,057 in wayland to the lowest price of $25,250 in wayland. There is 1 cities within 49348. wayland has 140 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.23% of properties in 49348.

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      Guide for 49348

      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
      Wholesale
      What Is a Zombie Property?
      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

      What Is a Zombie Property?
      Wholesale|posted 14 March 2024

      Learn what a Zombie property is and how to avoid your home becoming one.