48849 Home Values & Market Trends
There are 74 homes currently listed for 48849. 48849 real estate market trends show that home prices range from $69,900 to $749,000, and the median sales price in the 48849 zip code is $251,175. The total number of properties sold within the past twelve months is 21. In 48849, 4 properties are in foreclosure, 1 are bank owned properties,and 3 are headed for auction.
Housing Market Summary for 48849
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $275K | $260K | -5.45% |
| Median Sold Price | $255.3K | $243.5K | -4.64% |
| Homes For Sale | 39 | 73 | 87.18% |
| Homes Sold | 16 | 13 | -18.75% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in 48849
Browse Homes in 48849
The median list price of a home in Lake Odessa, is $251,175. A total of 74 properties are for sale, and the percentage of properties for sale in the zip code is 74.00%. The total count of 48849 properties is 95.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 48849 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 48849; 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 OwnedThe median estimated home value of bank owned homes (REO properties) in 48849 ranges from the highest value of $0 in lake odessa to the lowest value of $0 in lake odessa. Bank owned homes and properties account for 1.05% of properties in 48849. There is 1 cities within 48849; lake odessa containing 1 REO properties, has the highest number of bank owned properties in a single city.
- Auctionslake odessa has 3 auction properties, the highest number of properties going to auction in a single city in the state of 48849. Auction homes and other auction properties account for 3.16% of all properties in 48849. There is 1 cities within 48849; of that cities, the median estimated home value for homes going to auction ranges from $251,568 in lake odessa to the lowest value of $205,822 in lake odessa.
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Guide for 48849
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.