48462 Home Values & Market Trends
There are 244 homes currently listed for 48462. 48462 real estate market trends show that home prices range from $45,550 to $1,500,000, and the median sales price in the 48462 zip code is $416,454. The total number of properties sold within the past twelve months is 189. In 48462, 8 properties are in foreclosure, 3 are bank owned properties,and 5 are headed for auction.
48462 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Ortonville | $ 416,454 $ 226/sqft |
Housing Market Summary for 48462
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $399.9K | $398.7K | -0.30% |
| Median Sold Price | $397K | $358.1K | -9.80% |
| Homes For Sale | 160 | 242 | 51.25% |
| Homes Sold | 120 | 74 | -38.33% |
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 48462
Browse Homes in 48462
The median list price of a home in Ortonville, is $416,454. A total of 244 properties are for sale, and the percentage of properties for sale in the zip code is 244.00%. The total count of 48462 properties is 329.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 48462 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 48462; 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 48462 ranges from the highest value of $374,999 in ortonville to the lowest value of $200,000 in ortonville. Bank owned homes and properties account for 0.91% of properties in 48462. There is 1 cities within 48462; ortonville containing 3 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsortonville has 5 auction properties, the highest number of properties going to auction in a single city in the state of 48462. Auction homes and other auction properties account for 1.52% of all properties in 48462. There is 1 cities within 48462; of that cities, the median estimated home value for homes going to auction ranges from $555,090 in ortonville to the lowest value of $279,000 in ortonville.
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Guide for 48462
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.
