#20250006628, Jacob Davis, Listing Office: Good Company
48033 Housing Market Report January 2025•Oakland County, Michigan
Housing Prices in 48033, MI
How much do homes in 48033, MI cost?
Housing Market Conditions
Is 48033, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
48033 is a Seller's Market
Difference Since January 2024
Since last year, 48033 has remained a Seller's Market.
48033 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in 48033 have sold for 7% more than they did a year ago.
Summary: The median home sold price in 48033 was $203,224 in January 2025, up 7% from last year, and the median price per square foot was $129.
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $76.8K | $60K | -22.0% |
22 Bedrooms | $152K | $159.5K | +4.9% |
33 Bedrooms | $195K | $220K | +12.8% |
44 Bedrooms | $270K | $360K | +33.3% |
55+ Bedrooms | $206.5K | $373.7K | +81.0% |
Summary: 48033 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -22.0%. The home price for 2 bedroom homes increased by +4.9%. The home price for 3 bedroom homes increased by +12.8%. The home price for 4 bedroom homes increased by +33.3%. The home price for 5 bedroom homes increased by +81.0%.
Housing supply in 48033, MI
How many homes are available in 48033, MI?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
46Last MonthJan 2025 | ||
462 months agoDec 2024 | 0.0 % Change MoMDec – Jan |
Summary: The 48033 real estate market had 46 homes for sale in Jan 2025, the same as Dec 2024
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
11Last MonthJan 2025 | ||
112 months agoDec 2024 | 0.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 1 | 1 | 0.0% |
22 Bedrooms | 15 | 11 | -26.7% |
33 Bedrooms | 20 | 24 | +20.0% |
44 Bedrooms | 8 | 8 | 0.0% |
55+ Bedrooms | 2 | 2 | 0.0% |
Summary: 48033 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -26.7%. The inventory for 3 bedroom homes increased by +20.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in 48033, MI cost?
Over Asking Price2 Homes
At Asking Price5 Homes
Under Asking Price4 Homes
If you're buying a home in 48033, expect to pay close to the asking price. 45.5% of homes here sold near the asking price last month.
Summary: A total of 11 homes were sold or pending in 48033 in January 2025, the same as the previous month. Of the 11 sold homes, 36% were sold under asking, 45% were sold at asking, and and 18% were sold over asking.
Days on Market for 48033, MI
How long does it take to sell a home in 48033, MI?
Breakdown of Home Sale Times
Under 30 Days9 Homes
30 – 90 Days2 Homes
Over 90 Days0 Home
Many homes in 48033 are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 11 homes were sold in 48033; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
20 DaysThis YearJan 2025 | ||
36 Days1 year agoJan 2024 | -42.4 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in 48033 had an average listing age of 20 days in Jan 2025, down by 42.4% compared to the previous year.
Connect With An Agent
Local real estate agents are ready to help you find a home here
Sell My Home
Sell your home with an expert or get the job done on your own.
Get Approved
Get a customizable mortgage solution based on today's rates.
Newest Listings in 48033, MI
What homes are available in 48033, MI?
Popular Cities with Homes for Sale in Michigan
- Homes for sale in Canton, MI
- Homes for sale in Grand Rapids, MI
- Homes for sale in Troy, MI
- Homes for sale in Warren, MI
- Homes for sale in Jackson, MI
- Homes for sale in Livonia, MI
- Homes for sale in Lansing, MI
- Homes for sale in Ann Arbor, MI
- Homes for sale in Royal Oak, MI
- Homes for sale in Macomb, MI
- Homes for sale in Kalamazoo, MI
- Homes for sale in Sterling Heights, MI
- Homes for sale in Battle Creek, MI
- Homes for sale in Flint, MI
- Homes for sale in Dearborn, MI
- Homes for sale in Waterford, MI
- Homes for sale in West Bloomfield, MI
- Homes for sale in Detroit, MI
- Homes for sale in Farmington Hills, MI
- Homes for sale in Rochester Hills, MI
- Homes for sale in Clarkston, MI
MLS Disclaimers and Copyright
Based on information from RealComp II Ltd., Michigan Regional Information Center LLC, and MiRealSource Inc. DL for the period 02/01/2023 - 02/01/2025
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/2/2025, 12:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/2/2025, 12:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/2/2025, 12:21:25 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.