48640 Home Values & Market Trends
There are 535 homes currently listed for 48640. 48640 real estate market trends show that home prices range from $25,500 to $715,000, and the median sales price in the 48640 zip code is $257,924. The total number of properties sold within the past twelve months is 586. In 48640, 13 properties are in foreclosure, 2 are bank owned properties,and 11 are headed for auction.
48640 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Midland | $ 273,141 $ 174/sqft |
Housing Market Summary for 48640
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $224.9K | $240K | 6.69% |
| Median Sold Price | $225.6K | $242.3K | 7.39% |
| Homes For Sale | 371 | 535 | 44.20% |
| Homes Sold | 266 | 191 | -28.20% |
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 48640
Browse Homes in 48640
The median list price of a home in Midland, is $257,924. A total of 535 properties are for sale, and the percentage of properties for sale in the zip code is 535.00%. The total count of 48640 properties is 751.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 48640 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 48640; 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 48640 ranges from the highest value of $360,000 in midland to the lowest value of $150,732 in midland. Bank owned homes and properties account for 0.27% of properties in 48640. There is 1 cities within 48640; midland containing 4 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsmidland has 15 auction properties, the highest number of properties going to auction in a single city in the state of 48640. Auction homes and other auction properties account for 1.46% of all properties in 48640. There is 1 cities within 48640; of that cities, the median estimated home value for homes going to auction ranges from $378,418 in midland to the lowest value of $83,759 in midland.
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Guide for 48640
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.
