48418 Housing Market Report February 2025Shiawassee County, Michigan

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Housing Prices in 48418, MI

How much do homes in 48418, 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.
$265,000$196/SqFt
-$30,000
-10.2%

Based on all homes listed in the last 12 months

Insight

The list price of homes in 48418 has decreased by 10.2% since last year.

Summary: The median home list price in 48418 was $265,000 in February 2025, down 10.2% from the previous year, and the median price per square foot was $196.

Median List Price By Zip Codes

Median List 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
48857
+16.7%
48429
+9.7%
48436
+3.4%
48414
-0.1%
48418
-10.2%

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.
BedsFeb 2024Feb 2025Change YoY
1-$260K
N/A
2$175K$195K
+11.4%
3$299.9K$276.5K
-7.8%
4$288K$325K
+12.8%
5$349.9K$499.7K
+42.8%

Summary: 48418 housing price by bedroom type for February 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 +11.4%. The home price for 3 bedroom homes decreased by -7.8%. The home price for 4 bedroom homes increased by +12.8%. The home price for 5 bedroom homes increased by +42.8%.

Housing supply in 48418, MI

How many homes are available in 48418, 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
10Last MonthFeb 2025
92 months agoJan 2025
+11.1 %
Change MoMJan – Feb

Summary: The 48418 real estate market had 10 homes for sale in Feb 2025, a 11.1 % increase compared to Jan 2025.

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.
BedsJan 2025Feb 2025Change MoM
100
0.0%
213
+200.0%
365
-16.7%
411
0.0%
511
0.0%

Summary: 48418 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +200.0%. The inventory for 3 bedroom homes decreased by -16.7%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Days on Market for 48418, MI

How long does it take to sell a home in 48418, 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
115 DaysThis YearFeb 2025
64 Days1 year agoFeb 2024
+79.2 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in 48418 had an average listing age of 115 days in Feb 2025, up by 79.2% compared to the previous year.

Newest Listings in 48418, MI

What homes are available in 48418, MI?

MLS Disclaimers and Copyright

Based on information from RealComp II Ltd., for the period 03/01/2023 - 03/01/2025

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.

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: 3/7/2025, 2:10:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.