48367 Housing Market Report January 2025Oakland County, Michigan

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Housing Prices in 48367, MI

How much do homes in 48367, MI cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$477,450$167/SqFt
-$4,550
-0.9%

Based on all homes listed in the last 12 months

Insight

The list price of homes in 48367 has decreased by 0.9% since last year.

Summary: The median home list price in 48367 was $477,450 in January 2025, down 0.9% from the previous year, and the median price per square foot was $167.

Median List Price By City

Median List Price By City
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
48370
+38.5%
48428
+19.6%
48065
+12.1%
48363
+7.6%
48367
-0.9%

Median List Price By Bedrooms

Median List 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.
BedsJan 2024Jan 2025Change YoY
1--
N/A
2$354.5K$242.5K
-31.6%
3$449.9K$437.5K
-2.8%
4$597K$599.9K
0.5%
5$510K$472.4K
-7.4%

Summary: 48367 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 decreased by -31.6%. The home price for 3 bedroom homes decreased by -2.8%. The home price for 4 bedroom homes increased by 0.5%. The home price for 5 bedroom homes decreased by -7.4%.

Housing supply in 48367, MI

How many homes are available in 48367, 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
13Last MonthJan 2025
182 months agoDec 2024
-27.8 %
Change MoMDec – Jan

Summary: The 48367 real estate market had 13 homes for sale in Jan 2025, a 27.8 % decrease compared to Dec 2024.

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.
BedsDec 2024Jan 2025Change MoM
100
0.0%
210
-100.0%
386
-25.0%
476
-14.3%
521
-50.0%

Summary: 48367 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 decreased by -100.0%. The inventory for 3 bedroom homes decreased by -25.0%. The inventory for 4 bedroom homes decreased by -14.3%. The inventory for 5 bedroom homes decreased by -50.0%.

Days on Market for 48367, MI

How long does it take to sell a home in 48367, MI?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
101 DaysThis YearJan 2025
187 Days1 year agoJan 2024
-45.7 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in 48367 had an average listing age of 101 days in Jan 2025, down by 45.7% compared to the previous year.

Newest Listings in 48367, MI

What homes are available in 48367, MI?

MLS Disclaimers and Copyright

Based on information from RealComp II Ltd., MiRealSource Inc. DL, and Michigan Regional Information Center LLC for the period 02/01/2023 - 02/01/2025

IDXDisclaimer: 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.

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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: 2/8/2025, 7:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

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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: 2/8/2025, 7:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Broker Reciprocity 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: 2/8/2025, 7:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.