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48819 Housing Market Report May 2025•Ingham County, Michigan
Housing Prices in 48819, MI
How much do homes in 48819, MI cost?
Housing Market Conditions
Is 48819, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
48819 is a Seller's Market
Difference Since May 2024
Since last year, 48819 has remained a Seller's Market.
Insight
48819 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$250,500$150/SqFt
-$19,500
-7.2%
Based on all homes sold in the last 12 months
Insight
Homes in 48819 have sold for 7.2% less than they did a year ago.
Summary: The median home sold price in 48819 was $250,500 in May 2025, down 7.2% from last year, and the median price per square foot was $150.
Median Sold Price By Bedrooms
| Beds | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $205K | $124K | -39.5% |
| 33 Bedrooms | $270K | $272.4K | +0.9% |
| 44 Bedrooms | $347.5K | $216.9K | -37.6% |
| 55+ Bedrooms | $380K | $449.9K | +18.4% |
Summary: 48819 housing price by bedroom type for May 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 -39.5%. The home price for 3 bedroom homes increased by +0.9%. The home price for 4 bedroom homes decreased by -37.6%. The home price for 5 bedroom homes increased by +18.4%.
How does 48819, MI compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
48819, MI
Housing supply in 48819, MI
How many homes are available in 48819, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 5Last MonthMay 2025 | ||
| 62 months agoApr 2025 | -16.7 % Change MoMApr – May |
Summary: The 48819 real estate market had 5 homes for sale in May 2025, a 16.7 % decrease compared to Apr 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 4Last MonthMay 2025 | ||
| 22 months agoApr 2025 | +100.0 % Change MoMApr – May |
Homes For Sale By Bedroom Count
| Beds | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 0 | 0 | 0.0% |
| 33 Bedrooms | 3 | 3 | 0.0% |
| 44 Bedrooms | 2 | 1 | -50.0% |
| 55+ Bedrooms | 1 | 1 | 0.0% |
Summary: 48819 housing inventory by bedroom type for May 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 remained the same. The inventory for 4 bedroom homes decreased by -50.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in 48819, MI cost?
Over Asking Price1 Home
At Asking Price2 Homes
Under Asking Price1 Home
Insight
If you're buying a home in 48819, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in 48819 in May 2025, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and and 25% were sold over asking.
Days on Market for 48819, MI
How long does it take to sell a home in 48819, MI?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days0 Home
Over 90 Days0 Home
Insight
Many homes in 48819 are selling fast, if you're buying plan to act quickly.
Summary: During May 2025, 4 homes were sold in 48819; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 10 DaysThis YearMay 2025 | ||
| 5 Days1 year agoMay 2024 | +100.0 % Change YoYMay 2024 – May 2025 |
Summary: Homes in 48819 had an average listing age of 10 days in May 2025, up by 100.0% compared to the previous year.
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Newest Listings in 48819, MI
What homes are available in 48819, MI?
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MLS Disclaimers and Copyright
Based on information from Greater Lansing MLS, for the period 06/01/2023 - 06/01/2025
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. 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, and that the data is deemed reliable but is not guaranteed accurate by the MLS.Copyright © 2025 Greater Lansing Association of REALTORS®. 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: 6/10/2025, 7:40:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.