New - 1 day on Rocket
$3,681 Closing Credit¹
#20250006637, James C Smith, Listing Office: Max Broock, REALTORS®-Birmingham
48076 Housing Market Report January 2025•Oakland County, Michigan
Housing Prices in 48076, MI
How much do homes in 48076, MI cost?
Housing Market Conditions
Is 48076, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
48076 is a Seller's Market
Difference Since January 2024
Since last year, 48076 has remained a Seller's Market.
Insight
48076 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$278,266$138/SqFt
+$14,766
+5.6%
Based on all homes sold in the last 12 months
Insight
Homes in 48076 have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in 48076 was $278,266 in January 2025, up 5.6% from last year, and the median price per square foot was $138.
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $91K | $64.9K | -28.7% |
| 22 Bedrooms | $145K | $150K | +3.4% |
| 33 Bedrooms | $250K | $270K | +8.0% |
| 44 Bedrooms | $334.9K | $350K | +4.5% |
| 55+ Bedrooms | $305K | $380K | +24.6% |
Summary: 48076 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -28.7%. The home price for 2 bedroom homes increased by +3.4%. The home price for 3 bedroom homes increased by +8.0%. The home price for 4 bedroom homes increased by +4.5%. The home price for 5 bedroom homes increased by +24.6%.
Housing supply in 48076, MI
How many homes are available in 48076, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 71Last MonthJan 2025 | ||
| 702 months agoDec 2024 | +1.4 % Change MoMDec – Jan |
Summary: The 48076 real estate market had 71 homes for sale in Jan 2025, a 1.4 % increase compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 17Last MonthJan 2025 | ||
| 202 months agoDec 2024 | -15.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 7 | 11 | +57.1% |
| 33 Bedrooms | 32 | 37 | +15.6% |
| 44 Bedrooms | 24 | 20 | -16.7% |
| 55+ Bedrooms | 7 | 3 | -57.1% |
Summary: 48076 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 increased by +57.1%. The inventory for 3 bedroom homes increased by +15.6%. The inventory for 4 bedroom homes decreased by -16.7%. The inventory for 5 bedroom homes decreased by -57.1%.
Asking Price vs. Sold Price
How much do homes in 48076, MI cost?
Over Asking Price5 Homes
At Asking Price3 Homes
Under Asking Price9 Homes
Insight
If you're buying a home in 48076, you may be able to get a good deal. 52.9% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 48076 in January 2025, down by 15.0% month-over-month. Of the 17 sold homes, 53% were sold under asking, 18% were sold at asking, and and 29% were sold over asking.
Days on Market for 48076, MI
How long does it take to sell a home in 48076, MI?
Breakdown of Home Sale Times
Under 30 Days11 Homes
30 – 90 Days6 Homes
Over 90 Days0 Home
Insight
Many homes in 48076 are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 17 homes were sold in 48076; 65% of homes were sold within 30 days, 35% 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 |
|---|---|---|
| 24 DaysThis YearJan 2025 | ||
| 34 Days1 year agoJan 2024 | -29.6 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in 48076 had an average listing age of 24 days in Jan 2025, down by 29.6% compared to the previous year.
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Newest Listings in 48076, MI
What homes are available in 48076, MI?
Coming soon
$3,918 Closing Credit¹
#20250006783, Nicholas B Sadiq, Listing Office: Community Choice Realty Inc
New - 3 days on Rocket
$2,789 Closing Credit¹
#20250006279, Elizabeth Primeau, Listing Office: @properties Christies Intl R.E. Royal Oak
New - 3 days on Rocket
$3,266 Closing Credit¹
#25003482, Michael West, Listing Office: KW Advantage
New - 4 days on Rocket
$949 Closing Credit¹
#20250006171, Rae Trine, Listing Office: BlackFin Realty Group LLC
$3,859 Closing Credit¹
#50165188, Mishelle Kasper, Listing Office: Real Estate Brokers & Associates Inc.
$3,028 Closing Credit¹
#20240093486, Nazareth Sanchez, Listing Office: RE/MAX Leading Edge
$4,144 Closing Credit¹
#20240092279, Janet Graham, Listing Office: Howard Hanna Birmingham
$2,553 Closing Credit¹
#20250003004, Mordechai Hatanian, Listing Office: Buyers First Realty
Backup offers
$1,894 Closing Credit¹
#20250002203, Susan Wojtaszek, Listing Office: Coldwell Banker Professionals Birm
$5,166 Closing Credit¹
#20250001450, Delon Slaughter, Listing Office: EXP Realty Main
$3,561 Closing Credit¹
#20250000477, Laura Atty, Listing Office: 3DX Real Estate LLC
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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
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: 2/2/2025, 2:20:55 PM 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: 2/2/2025, 2:20:55 PM 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: 2/2/2025, 2:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.