Coming soon
$2,968 Closing Credit¹
#20250004510, Todd Fedie, Listing Office: KW Realty Livingston
48137 Housing Market Report January 2025•Livingston County, Michigan
Housing Prices in 48137, MI
How much do homes in 48137, MI cost?
Housing Market Conditions
Is 48137, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
48137 is a Seller's Market
Difference Since January 2024
Since last year, 48137 has remained a Seller's Market.
Insight
48137 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$360,000$194/SqFt
+$57,500
+19.0%
Based on all homes sold in the last 12 months
Insight
Homes in 48137 have sold for 19% more than they did a year ago.
Summary: The median home sold price in 48137 was $360,000 in January 2025, up 19% from last year, and the median price per square foot was $194.
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $19.5K | $370K | +1797.4% |
| 22 Bedrooms | $202K | $310K | +53.5% |
| 33 Bedrooms | $325K | $375K | +15.4% |
| 44 Bedrooms | $515K | $478.6K | -7.1% |
| 55+ Bedrooms | $415K | $467.5K | +12.7% |
Summary: 48137 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +1797.4%. The home price for 2 bedroom homes increased by +53.5%. The home price for 3 bedroom homes increased by +15.4%. The home price for 4 bedroom homes decreased by -7.1%. The home price for 5 bedroom homes increased by +12.7%.
Housing supply in 48137, MI
How many homes are available in 48137, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 10Last MonthJan 2025 | ||
| 142 months agoDec 2024 | -28.6 % Change MoMDec – Jan |
Summary: The 48137 real estate market had 10 homes for sale in Jan 2025, a 28.6 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 2Last MonthJan 2025 | ||
| 62 months agoDec 2024 | -66.7 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 0 | 0 | 0.0% |
| 33 Bedrooms | 10 | 7 | -30.0% |
| 44 Bedrooms | 2 | 1 | -50.0% |
| 55+ Bedrooms | 1 | 1 | 0.0% |
Summary: 48137 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 remained the same. The inventory for 3 bedroom homes decreased by -30.0%. The inventory for 4 bedroom homes decreased by -50.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in 48137, MI cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price2 Homes
Insight
If you're buying a home in 48137, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 48137 in January 2025, down by 66.7% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for 48137, MI
How long does it take to sell a home in 48137, MI?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days1 Home
Over 90 Days1 Home
Insight
Avg time on Rocket Homes in 48137 has remained consistent over time.
Summary: During January 2025, 2 homes were sold in 48137; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 77 DaysThis YearJan 2025 | ||
| 25 Days1 year agoJan 2024 | +203.9 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in 48137 had an average listing age of 77 days in Jan 2025, up by 203.9% compared to the previous year.
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Newest Listings in 48137, MI
What homes are available in 48137, MI?
$7,302 Closing Credit¹
#20250001732, Joseph Darwish, Sheila M Earle, Listing Office: RE/MAX Platinum
#25001281, Debbie Bourdon, Brittany Racine, Listing Office: Real Estate One
#25000737, Eileen Denhard, Listing Office: RE/MAX Classic
$4,749 Closing Credit¹
#20250000555, Julia L Duke, Listing Office: Rock Realty LLC
Backup offers
$4,155 Closing Credit¹
#24062034, Nora Hamouda, Listing Office: Keller Williams Ann Arbor
$2,671 Closing Credit¹
#20240087025, Marie Duke, Julia L Duke, Listing Office: Rock Realty LLC
#20240073747, Dina E Sabuda, Listing Office: Sabuda & Associates LLC
#24054606, Walter Baleja, Listing Office: Real Estate One
#20240063552, Pierre Samona, Jim Manna, Listing Office: Max Broock Realtors, Level Plus Realty
$1,959 Closing Credit¹
#20240057420, Carole Smoter, Listing Office: Real Estate One-Brighton
#20240055781, Julie M Benson, Listing Office: Preview Properties PC
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MLS Disclaimers and Copyright
Based on information from RealComp II Ltd., 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: 2/2/2025, 1:25:02 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: 2/1/2025, 11:50:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.