New - 4 days on Rocket3D tour
$1,888 Closing Credit¹
#286124, Timothy Gale, Listing Office: RE/MAX Real Estate Professionals
48861 Housing Market Report January 2025•Eaton County, Michigan
Housing Prices in 48861, MI
How much do homes in 48861, MI cost?
Median List Price
$289,900$129/SqFt
+$112,450
+63.4%
Based on all homes listed in the last 12 months
Insight
The list price of homes in 48861 has increased by 63.4% since last year.
Summary: The median home list price in 48861 was $289,900 in January 2025, up 63.4% from the previous year, and the median price per square foot was $129.
Median List Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $159.9K | $169.9K | +6.2% |
| 33 Bedrooms | $175K | $199.9K | +14.2% |
| 44 Bedrooms | $249.9K | $385K | +54.1% |
| 55+ Bedrooms | $174K | - | N/A |
Summary: 48861 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 +6.2%. The home price for 3 bedroom homes increased by +14.2%. The home price for 4 bedroom homes increased by +54.1%. The home price for 5 bedroom homes did not change.
Housing supply in 48861, MI
How many homes are available in 48861, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 4Last MonthJan 2025 | ||
| 52 months agoDec 2024 | -20.0 % Change MoMDec – Jan |
Summary: The 48861 real estate market had 4 homes for sale in Jan 2025, a 20.0 % 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 | 1 | 0 | -100.0% |
| 33 Bedrooms | 4 | 1 | -75.0% |
| 44 Bedrooms | 0 | 3 | +100.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: 48861 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 -75.0%. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes remained the same.
Days on Market for 48861, MI
How long does it take to sell a home in 48861, MI?
Average Listing Age
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 16 DaysThis YearJan 2025 | ||
| 49 Days1 year agoJan 2024 | -67.7 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in 48861 had an average listing age of 16 days in Jan 2025, down by 67.7% compared to the previous year.
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Newest Listings in 48861, MI
What homes are available in 48861, MI?
Backup offers
$5,343 Closing Credit¹
#285985, Cindy Beckwith, Listing Office: Five Star Real Estate - Lansing
$9,499 Closing Credit¹
#285841, Tanner Mark Bradley Lewandowsky, Listing Office: RE/MAX Real Estate Professionals
$3,443 Closing Credit¹
#1929796, Scott Travis, Listing Office: PROPERTY SOLUTIONS REALTY & INVESTMENTS LLC
#283628, Sarah M Ruge, Listing Office: Coldwell Banker Professionals-West
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MLS Disclaimers and Copyright
Based on information from Greater Lansing MLS, and Northern Great Lakes Realtors MLS for the period 02/01/2023 - 02/01/2025
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: 2/11/2025, 4:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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: 2/11/2025, 4:20:51 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: 2/11/2025, 4:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.