Home Values & Market Trends
The United States real estate market trends show that a total of $[transaction-count-12mo] property sales occurred over the past 12 months. $[submarketagg-highestmedian-avm-name] has the highest median house values at NaN followed by $[submarketagg-second-highest-median-avm-name] at NaN. $[median-avm-name] has the lowest house values in the U.S. housing market averaging NaN followed by $[submarketagg-second-lowest-median-avm-name] at NaN. Nationally, 0 properties are in foreclosure, 0 are bank owned, and 0 are headed for auction.
Housing Market Summary for
Feb 2023 | January 2024 | Change | |
---|---|---|---|
Median Listing Price | $404.9K | $388.7K | -4.02% |
Median Sold Price | $394K | $388.7K | -1.37% |
Homes For Sale | 62 | 40 | -35.48% |
Homes Sold | 692 | 742 | 7.23% |
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
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The median house value in the United States is NaN. For distressed properties month-over-month, foreclosures changed by NaN%, bank owned properties by NaN%, and properties for auction by NaN%.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in $[display-name] with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single state. There are $[submarket-count] states within $[display-name]; of those states, 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 $[display-name] 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 $[display-name]. There are $[submarket-count] states within $[display-name]; N/A containing 0 REO properties, has the highest number of bank owned properties in a single state.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single state in the state of $[display-name]. Auction homes and other auction properties account for 0% of all properties in $[display-name]. There are $[submarket-count] states within $[display-name]; of those states, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Compare Nearby Cities
More Real Estate Resources for
Guide for
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.
Lansing’s real estate market has seen substantial growth in home values and sales prices from April 2023 to March 2024, positioning the city as an attractive investment prospect.
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.
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