New - 1 day on Rocket
$2,255 Closing Credit¹
#20250006826, Laurie Westfall, Listing Office: Real Broker LLC
48035 Housing Market Report January 2025•Macomb County, Michigan
Housing Prices in 48035, MI
How much do homes in 48035, MI cost?
Housing Market Conditions
Is 48035, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
48035 is a Seller's Market
Difference Since January 2024
Since last year, 48035 has remained a Seller's Market.
Insight
48035 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$226,000$148/SqFt
+$16,000
+7.6%
Based on all homes sold in the last 12 months
Insight
Homes in 48035 have sold for 7.6% more than they did a year ago.
Summary: The median home sold price in 48035 was $226,000 in January 2025, up 7.6% from last year, and the median price per square foot was $148.
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | $49K | N/A |
| 22 Bedrooms | $153K | $160.5K | +4.9% |
| 33 Bedrooms | $212.4K | $228.4K | +7.5% |
| 44 Bedrooms | $272.5K | $273.5K | 0.4% |
| 55+ Bedrooms | $392K | $320K | -18.4% |
Summary: 48035 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +4.9%. The home price for 3 bedroom homes increased by +7.5%. The home price for 4 bedroom homes increased by 0.4%. The home price for 5 bedroom homes decreased by -18.4%.
Housing supply in 48035, MI
How many homes are available in 48035, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 90Last MonthJan 2025 | ||
| 832 months agoDec 2024 | +8.4 % Change MoMDec – Jan |
Summary: The 48035 real estate market had 90 homes for sale in Jan 2025, a 8.4 % increase compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 27Last MonthJan 2025 | ||
| 292 months agoDec 2024 | -6.9 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 3 | 2 | -33.3% |
| 22 Bedrooms | 17 | 16 | -5.9% |
| 33 Bedrooms | 48 | 56 | +16.7% |
| 44 Bedrooms | 11 | 11 | 0.0% |
| 55+ Bedrooms | 4 | 5 | +25.0% |
Summary: 48035 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -33.3%. The inventory for 2 bedroom homes decreased by -5.9%. The inventory for 3 bedroom homes increased by +16.7%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +25.0%.
Asking Price vs. Sold Price
How much do homes in 48035, MI cost?
Over Asking Price7 Homes
At Asking Price3 Homes
Under Asking Price17 Homes
Insight
If you're buying a home in 48035, you may be able to get a good deal. 63% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in 48035 in January 2025, down by 6.9% month-over-month. Of the 27 sold homes, 63% were sold under asking, 11% were sold at asking, and and 26% were sold over asking.
Days on Market for 48035, MI
How long does it take to sell a home in 48035, MI?
Breakdown of Home Sale Times
Under 30 Days15 Homes
30 – 90 Days9 Homes
Over 90 Days3 Homes
Insight
Many homes in 48035 are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 27 homes were sold in 48035; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 34 DaysThis YearJan 2025 | ||
| 15 Days1 year agoJan 2024 | +121.7 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in 48035 had an average listing age of 34 days in Jan 2025, up by 121.7% compared to the previous year.
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Newest Listings in 48035, MI
What homes are available in 48035, MI?
New - 7 days on Rocket
$2,611 Closing Credit¹
#20250006573, Steven Dewolley, Listing Office: Golden Key Realty Group LLC
New - 7 days on Rocket
$4,511 Closing Credit¹
#81025003438, Onorio DAgostini, Listing Office: The DAgostini Group LLC
$3,858 Closing Credit¹
#20250006175, Kay Kasshamoun, Ziad Sitto, Listing Office: CRK Realty
$3,503 Closing Credit¹
#25003154, Peter Mitchell, Listing Office: Real Estate One
$3,324 Closing Credit¹
#20250004402, Rose Lang, Listing Office: KW Professionals
$3,918 Closing Credit¹
#20250004809, James D Wellington, Listing Office: RE/MAX First
$1,661 Closing Credit¹
#20250004417, Nicholas Thwany, Listing Office: TrustLink Real Estate
$2,968 Closing Credit¹
#50164997, Ed Martin, Listing Office: RE/MAX First
#50164967, Frank Mancuso III, Listing Office: Real Estate One Inc -SCS
#50164969, Frank Mancuso III, Listing Office: Real Estate One Inc -SCS
$4,376 Closing Credit¹
#50164767, James Kaschalk, Listing Office: RE/MAX First
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MLS Disclaimers and Copyright
Based on information from RealComp II Ltd., MiRealSource Inc. DL, and Michigan Regional Information Center LLC for the period 02/01/2023 - 02/01/2025
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. 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: 2/7/2025, 6:25:11 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. 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: 2/7/2025, 6:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2025 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/7/2025, 6:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.