48845 Housing Market Report February 2025Ionia County, Michigan

hero building illustration for mobile

Housing Prices in 48845, MI

How much do homes in 48845, 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.
$74,900$52/SqFt
-$95,000
-55.9%

Based on all homes listed in February 2025

Insight

The list price of homes in 48845 has decreased by 55.9% since January.

Summary: The median home list price in 48845 was $74,900 in February 2025, down 55.9% from the previous month, and the median price per square foot was $52.

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 2025Feb 2025Change MoM
1--
N/A
2$74.9K$74.9K
0.0%
3$49.9K$49.9K
0.0%
4$229.9K-
N/A
5$169.9K$170K
0.0%

Summary: 48845 housing price by bedroom type for February 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does 48845, MI compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

48845, MI

Housing supply in 48845, MI

How many homes are available in 48845, 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
3Last MonthFeb 2025
52 months agoJan 2025
-40.0 %
Change MoMJan – Feb

Summary: The 48845 real estate market had 3 homes for sale in Feb 2025, a 40.0 % decrease 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%
410
-100.0%
521
-50.0%
211
0.0%
311
0.0%

Summary: 48845 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 4 bedroom homes decreased by -100.0%. The inventory for 5 bedroom homes decreased by -50.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same.

Days on Market for 48845, MI

How long does it take to sell a home in 48845, MI?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
79 DaysLast MonthFeb 2025
64 Days1 month agoJan 2025
+23.2 %
Change MoMJan – Feb

Summary: Homes in 48845 had an average listing age of 79 days in Feb 2025, up by 23.2% compared to the previous month.

Newest Listings in 48845, MI

What homes are available in 48845, MI?

Nearby markets

MLS Disclaimers and Copyright

Based on information from Greater Lansing MLS, and Michigan Regional Information Center LLC for the period 01/01/2025 - 03/01/2025

IDX 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: 3/14/2025, 5:20:55 PM 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: 3/14/2025, 5:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.