48137 Home Values & Market Trends

There are 10 homes currently listed for 48137. 48137 real estate market trends show that home prices range from $25,000 to $725,000, and the median sales price in the 48137 zip code is $314,703.6. The total number of properties sold within the past twelve months is 88. In 48137, 1 properties are in foreclosure, 0 are bank owned properties,and 1 are headed for auction.

48137 Real Estate Market Overview

CityMedian Est. Value
Gregory

$ 382,394

$ 201/sqft

Housing Market Summary for 48137

Apr 2023March 2024Change
Median Listing Price$395K$297.9K-24.57%
Median Sold Price$340.9K$297.9K-12.60%
Homes For Sale75-28.57%
Homes Sold6544-32.31%
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 48137

The median list price of a home in Gregory, is $314,703.6. A total of 10 properties are for sale, and the percentage of properties for sale in the zip code is 10.00%. The total count of 48137 properties is 2,374.

Foreclosure
There is 1 cities within 48137; within this cities, the median estimated home value for homes in foreclosure ranges from $360,311 in gregory to the lowest value of $360,311 in gregory. Foreclosure homes account for 0.00% of properties in 48137 with gregory containing 1 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 48137 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 48137; 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 48137 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 48137. There is 1 cities within 48137; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    gregory has 1 auction properties, the highest number of properties going to auction in a single city in the state of 48137. Auction homes and other auction properties account for 0.04% of all properties in 48137. There is 1 cities within 48137; of that cities, the median estimated home value for homes going to auction ranges from $360,311 in gregory to the lowest value of $360,311 in gregory.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.42% of residential properties in 48137 with gregory containing 10 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 48137; homes for sale in that cities, have a range of median values from $788,079 in gregory to the lowest value of $155,000 in gregory.
    Sold Homes
    The median value for recently sold homes ranges from $993,715 in gregory to the lowest price of $40,048 in gregory. There is 1 cities within 48137. gregory has 58 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.44% of properties in 48137.

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      Guide for 48137

      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
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      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

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      Recently Listed Homes 48137

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