$1,900 Closing Credit¹
#1929759, KAREN WILTSE, Listing Office: WILTSE REALTY
48766 Housing Market Report January 2025•Arenac County, Michigan
Housing Prices in 48766, MI
How much do homes in 48766, MI cost?
Median List Price
$205,000$124/SqFt
+$25,500
+14.2%
Based on all homes listed in the last 12 months
Insight
The list price of homes in 48766 has increased by 14.2% since last year.
Summary: The median home list price in 48766 was $205,000 in January 2025, up 14.2% from the previous year, and the median price per square foot was $124.
Median List Price By City
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 48703 | $200K | $259K | +29.5% |
| 48659 | $149.5K | $187.4K | +25.4% |
| 48766 | $179.5K | $205K | +14.2% |
Median List Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $179.5K | $207.5K | +15.6% |
| 33 Bedrooms | $152.2K | $160K | +5.1% |
| 44 Bedrooms | $272.5K | $250K | -8.3% |
| 55+ Bedrooms | - | - | N/A |
Summary: 48766 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 +15.6%. The home price for 3 bedroom homes increased by +5.1%. The home price for 4 bedroom homes decreased by -8.3%. The home price for 5 bedroom homes did not change.
Housing supply in 48766, MI
How many homes are available in 48766, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 2Last MonthJan 2025 | ||
| 32 months agoDec 2024 | -33.3 % Change MoMDec – Jan |
Summary: The 48766 real estate market had 2 homes for sale in Jan 2025, a 33.3 % decrease compared to Dec 2024.
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 0 | 0 | 0.0% |
| 33 Bedrooms | 3 | 2 | -33.3% |
| 44 Bedrooms | 0 | 0 | 0.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: 48766 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 -33.3%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Days on Market for 48766, MI
How long does it take to sell a home in 48766, MI?
Average Listing Age
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 126 DaysThis YearJan 2025 | ||
| 159 Days1 year agoJan 2024 | -20.8 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in 48766 had an average listing age of 126 days in Jan 2025, down by 20.8% compared to the previous year.
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Newest Listings in 48766, MI
What homes are available in 48766, MI?
$1,722 Closing Credit¹
#1924377, KYLE ALLEN, Listing Office: AMBASSADOR REAL ESTATE
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MLS Disclaimers and Copyright
Based on information from Northern Great Lakes Realtors MLS, for the period 02/01/2023 - 02/01/2025
Copyright © 2025 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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: 2/10/2025, 10:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/10/2025, 10:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.