48095 Housing Market Report May 2025Macomb County, Michigan

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Housing Prices in 48095, MI

How much do homes in 48095, MI cost?

Housing Market Conditions

Is 48095, MI a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

48095 is a Seller's Market

Difference Since May 2024

Since last year, 48095 has remained a Seller's Market.

Insight

48095 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$492,500$175/SqFt
-$47,500
-8.8%

Based on all homes sold in the last 12 months

Insight

Homes in 48095 have sold for 8.8% less than they did a year ago.

Summary: The median home sold price in 48095 was $492,500 in May 2025, down 8.8% from last year, and the median price per square foot was $175.

Median Sold Price By Zip Codes

Median Sold Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
48094
+19.2%
48065
0.5%
48363
0.2%
48095
-8.8%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMay 2024May 2025Change YoY
1--
N/A
2$314.4K$265K
-15.7%
3$437.5K$370K
-15.4%
4$580K$475K
-18.1%
5$835K$950K
+13.8%

Summary: 48095 housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -15.7%. The home price for 3 bedroom homes decreased by -15.4%. The home price for 4 bedroom homes decreased by -18.1%. The home price for 5 bedroom homes increased by +13.8%.

How does 48095, MI compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

48095, MI

Housing supply in 48095, MI

How many homes are available in 48095, MI?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
27Last MonthMay 2025
132 months agoApr 2025
+107.7 %
Change MoMApr – May

Summary: The 48095 real estate market had 27 homes for sale in May 2025, a 107.7 % increase compared to Apr 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
6Last MonthMay 2025
12 months agoApr 2025
+500.0 %
Change MoMApr – May

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
100
0.0%
212
+100.0%
339
+200.0%
4712
+71.4%
524
+100.0%

Summary: 48095 housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes increased by +200.0%. The inventory for 4 bedroom homes increased by +71.4%. The inventory for 5 bedroom homes increased by +100.0%.

Asking Price vs. Sold Price

How much do homes in 48095, MI cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price3 Homes

Under Asking Price2 Homes

Insight

If you're buying a home in 48095, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in 48095 in May 2025, up by 500.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 50% were sold at asking, and and 17% were sold over asking.

Days on Market for 48095, MI

How long does it take to sell a home in 48095, MI?

Breakdown of Home Sale Times

Under 30 Days6 Homes

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

Many homes in 48095 are selling fast, if you're buying plan to act quickly.

Summary: During May 2025, 6 homes were sold in 48095; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
16 DaysThis YearMay 2025
6 Days1 year agoMay 2024
+155.3 %
Change YoYMay 2024 – May 2025

Summary: Homes in 48095 had an average listing age of 16 days in May 2025, up by 155.3% compared to the previous year.

Newest Listings in 48095, MI

What homes are available in 48095, MI?

MLS Disclaimers and Copyright

Based on information from RealComp II Ltd., and MiRealSource Inc. DL for the period 06/01/2023 - 06/01/2025

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/5/2025, 4:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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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: 6/5/2025, 4:45:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.