New - 1 day on Rocket
$4,452 Closing Credit¹
#20250013703, Thomas Wilhelm, Angela Morales, Listing Office: Wilhelm & Associates
48329 Housing Market Report February 2025•Oakland County, Michigan
Housing Prices in 48329, MI
How much do homes in 48329, MI cost?
Housing Market Conditions
Is 48329, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
48329 is a Seller's Market
Difference Since February 2024
Since last year, 48329 has remained a Seller's Market.
Insight
48329 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$289,333$167/SqFt
+$24,333
+9.2%
Based on all homes sold in the last 12 months
Insight
Homes in 48329 have sold for 9.2% more than they did a year ago.
Summary: The median home sold price in 48329 was $289,333 in February 2025, up 9.2% from last year, and the median price per square foot was $167.
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $114.2K | $185K | +61.9% |
| 22 Bedrooms | $202K | $215K | +6.4% |
| 33 Bedrooms | $265K | $283K | +6.8% |
| 44 Bedrooms | $322.5K | $350K | +8.5% |
| 55+ Bedrooms | $293.7K | $755K | +157.0% |
Summary: 48329 housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +61.9%. The home price for 2 bedroom homes increased by +6.4%. The home price for 3 bedroom homes increased by +6.8%. The home price for 4 bedroom homes increased by +8.5%. The home price for 5 bedroom homes increased by +157.0%.
Housing supply in 48329, MI
How many homes are available in 48329, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 70Last MonthFeb 2025 | ||
| 722 months agoJan 2025 | -2.8 % Change MoMJan – Feb |
Summary: The 48329 real estate market had 70 homes for sale in Feb 2025, a 2.8 % decrease compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 15Last MonthFeb 2025 | ||
| 242 months agoJan 2025 | -37.5 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 0 | -100.0% |
| 22 Bedrooms | 8 | 12 | +50.0% |
| 33 Bedrooms | 46 | 40 | -13.0% |
| 44 Bedrooms | 16 | 16 | 0.0% |
| 55+ Bedrooms | 1 | 2 | +100.0% |
Summary: 48329 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -100.0%. The inventory for 2 bedroom homes increased by +50.0%. The inventory for 3 bedroom homes decreased by -13.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +100.0%.
Asking Price vs. Sold Price
How much do homes in 48329, MI cost?
Over Asking Price5 Homes
At Asking Price4 Homes
Under Asking Price6 Homes
Insight
If you're buying a home in 48329, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in 48329 in February 2025, down by 37.5% month-over-month. Of the 15 sold homes, 40% were sold under asking, 27% were sold at asking, and and 33% were sold over asking.
Days on Market for 48329, MI
How long does it take to sell a home in 48329, MI?
Breakdown of Home Sale Times
Under 30 Days8 Homes
30 – 90 Days6 Homes
Over 90 Days1 Home
Insight
Many homes in 48329 are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 15 homes were sold in 48329; 53% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 30 DaysThis YearFeb 2025 | ||
| 42 Days1 year agoFeb 2024 | -26.3 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in 48329 had an average listing age of 30 days in Feb 2025, down by 26.3% compared to the previous year.
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Newest Listings in 48329, MI
What homes are available in 48329, MI?
New - 1 day on Rocket
$4,382 Closing Credit¹
#20250013541, Craig Minoletti, Listing Office: Signature Sothebys International Realty Bham
New - 4 days on Rocket
$2,672 Closing Credit¹
#20250011586, Thomas Hutt, Listing Office: RE/MAX Classic
New - 5 days on RocketBackup offers
$3,444 Closing Credit¹
#20250011286, Susan R Krumrey, Listing Office: Howard Hanna Clarkston
New - 5 days on Rocket
$3,681 Closing Credit¹
#20250012806, Richard Clark, Listing Office: Gateway Brokerage
New - 6 days on Rocket
$4,566 Closing Credit¹
#20250012205, Paula Gilaj, Listing Office: Brookstone, Realtors LLC
New - 6 days on RocketBackup offers
$3,527 Closing Credit¹
#20250012601, Stacy Dyer, Listing Office: Real Estate One-Troy
New - 6 days on Rocket
$2,611 Closing Credit¹
#81025006881, Marlene Klimecki, Listing Office: Remerica United Realty
Backup offers
$3,438 Closing Credit¹
#5050167225, Sue Novara-Reber, Listing Office: Piper Realty Company
$2,375 Closing Credit¹
#20250011767, Mario Nona, Listing Office: My Town Realty
$3,563 Closing Credit¹
#5050167009, Michele K Papatheodore, Michelle Snow, Listing Office: Keller Williams First
$7,113 Closing Credit¹
#20250006610, Alina Valentine, Listing Office: KW Metro
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MLS Disclaimers and Copyright
Based on information from RealComp II Ltd., and MiRealSource Inc. DL for the period 03/01/2023 - 03/01/2025
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.
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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: 3/4/2025, 4:20:56 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.
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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: 3/4/2025, 4:21:11 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.