#57050166047, Kimberly Carey, Listing Office: NextHome Elevate in Temperance
48182 Housing Market Report January 2025•Monroe County, Michigan
Housing Prices in 48182, MI
How much do homes in 48182, MI cost?
Housing Market Conditions
Is 48182, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
48182 is a Seller's Market
Difference Since January 2024
Since last year, 48182 has remained a Seller's Market.
48182 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 48182 have sold for 3.9% more than they did a year ago.
Summary: The median home sold price in 48182 was $264,900 in January 2025, up 3.9% from last year, and the median price per square foot was $156.
Median Sold Price By City
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
48144 | $255K | $288K | +12.9% |
43613 | $139.8K | $147.1K | +5.3% |
48182 | $255K | $264.9K | +3.9% |
48133 | $205K | $189.9K | -7.4% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $136.2K | - | N/A |
22 Bedrooms | $136K | $190.5K | +40.1% |
33 Bedrooms | $231.5K | $257.7K | +11.4% |
44 Bedrooms | $309.7K | $318.7K | +2.9% |
55+ Bedrooms | $321K | $380K | +18.4% |
Summary: 48182 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 +40.1%. The home price for 3 bedroom homes increased by +11.4%. The home price for 4 bedroom homes increased by +2.9%. The home price for 5 bedroom homes increased by +18.4%.
Housing supply in 48182, MI
How many homes are available in 48182, MI?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
39Last MonthJan 2025 | ||
552 months agoDec 2024 | -29.1 % Change MoMDec – Jan |
Summary: The 48182 real estate market had 39 homes for sale in Jan 2025, a 29.1 % decrease compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
14Last MonthJan 2025 | ||
232 months agoDec 2024 | -39.1 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 1 | 2 | +100.0% |
22 Bedrooms | 9 | 7 | -22.2% |
33 Bedrooms | 33 | 19 | -42.4% |
44 Bedrooms | 12 | 10 | -16.7% |
55+ Bedrooms | 0 | 1 | +100.0% |
Summary: 48182 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes decreased by -22.2%. The inventory for 3 bedroom homes decreased by -42.4%. The inventory for 4 bedroom homes decreased by -16.7%. The inventory for 5 bedroom homes increased by +100.0%.
Asking Price vs. Sold Price
How much do homes in 48182, MI cost?
Over Asking Price5 Homes
At Asking Price4 Homes
Under Asking Price5 Homes
If you're buying a home in 48182, you may be able to get a good deal. 35.7% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in 48182 in January 2025, down by 39.1% month-over-month. Of the 14 sold homes, 36% were sold under asking, 29% were sold at asking, and and 36% were sold over asking.
Days on Market for 48182, MI
How long does it take to sell a home in 48182, MI?
Breakdown of Home Sale Times
Under 30 Days7 Homes
30 – 90 Days4 Homes
Over 90 Days3 Homes
Many homes in 48182 are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 14 homes were sold in 48182; 50% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
52 DaysThis YearJan 2025 | ||
65 Days1 year agoJan 2024 | -20.2 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in 48182 had an average listing age of 52 days in Jan 2025, down by 20.2% compared to the previous year.
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Newest Listings in 48182, MI
What homes are available in 48182, MI?
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MLS Disclaimers and Copyright
Based on information from RealComp II Ltd., for the period 02/01/2023 - 02/01/2025
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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: 2/6/2025, 5:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.