New - 1 day on Rocket
$2,731 Closing Credit¹
#286498, Linda Holmes, Listing Office: Berkshire Hathaway HomeServices Tomie Raines
48912 Housing Market Report February 2025•Ingham County, Michigan
Housing Prices in 48912, MI
How much do homes in 48912, MI cost?
Median List Price
$128,683$114/SqFt
+$9,083
+7.6%
Based on all homes listed in the last 12 months
Insight
The list price of homes in 48912 has increased by 7.6% since last year.
Summary: The median home list price in 48912 was $128,683 in February 2025, up 7.6% from the previous year, and the median price per square foot was $114.
Median List Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $59.5K | $66.4K | +11.6% |
| 22 Bedrooms | $97.4K | $109.4K | +12.4% |
| 33 Bedrooms | $127.5K | $134.9K | +5.8% |
| 44 Bedrooms | $181.9K | $189K | +3.9% |
| 55+ Bedrooms | $299.9K | $199.9K | -33.3% |
Summary: 48912 housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +11.6%. The home price for 2 bedroom homes increased by +12.4%. The home price for 3 bedroom homes increased by +5.8%. The home price for 4 bedroom homes increased by +3.9%. The home price for 5 bedroom homes decreased by -33.3%.
Housing supply in 48912, MI
How many homes are available in 48912, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 37Last MonthFeb 2025 | ||
| 452 months agoJan 2025 | -17.8 % Change MoMJan – Feb |
Summary: The 48912 real estate market had 37 homes for sale in Feb 2025, a 17.8 % decrease compared to Jan 2025.
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 2 | 1 | -50.0% |
| 22 Bedrooms | 14 | 12 | -14.3% |
| 33 Bedrooms | 17 | 15 | -11.8% |
| 44 Bedrooms | 7 | 6 | -14.3% |
| 55+ Bedrooms | 5 | 3 | -40.0% |
Summary: 48912 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -50.0%. The inventory for 2 bedroom homes decreased by -14.3%. The inventory for 3 bedroom homes decreased by -11.8%. The inventory for 4 bedroom homes decreased by -14.3%. The inventory for 5 bedroom homes decreased by -40.0%.
Asking Price vs. Sold Price
How much do homes in 48912, MI cost?
Over Asking Price1 Home
At Asking Price0 Home
Under Asking Price0 Home
Insight
If you're buying a home in 48912, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in 48912 in February 2025, down by 92.9% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and and 100% were sold over asking.
Days on Market for 48912, MI
How long does it take to sell a home in 48912, MI?
Average Listing Age
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 59 DaysThis YearFeb 2025 | ||
| 86 Days1 year agoFeb 2024 | -31.3 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in 48912 had an average listing age of 59 days in Feb 2025, down by 31.3% compared to the previous year.
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Newest Listings in 48912, MI
What homes are available in 48912, MI?
New - 2 days on Rocket
$1,305 Closing Credit¹
#286473, Zach Peck, Listing Office: Keller Williams Realty Lansing-East
New - 2 days on Rocket
$1,780 Closing Credit¹
#286470, Mario R Baldino, Listing Office: RE/MAX Real Estate Professionals
New - 6 days on Rocket3D tour
$3,313 Closing Credit¹
#286432, Joseph Vitale, Listing Office: Century 21 Affiliated
New - 6 days on Rocket
$1,573 Closing Credit¹
#20250013116, Lori A Brown, Listing Office: Realhome Services and Solutions Inc
$1,008 Closing Credit¹
#286383, Cindy Rase, Listing Office: Great America Brokers LLC
$1,484 Closing Credit¹
#286352, Morgan Meredith, Listing Office: Keller Williams Realty Lansing-East
$3,384 Closing Credit¹
#286319, Morgan Meredith, Listing Office: Keller Williams Realty Lansing-East
$1,364 Closing Credit¹
#286262, Benjamin Parker, Listing Office: Apex Appraisal Company LLC
#286216, Patrick Ferris, Listing Office: RE/MAX Real Estate Professionals
$1,425 Closing Credit¹
#286080, Natan Espinosa, Listing Office: NatanEspinosa.com
$1,544 Closing Credit¹
#286053, Deon Brown, Listing Office: EXIT Realty Home Partners
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MLS Disclaimers and Copyright
Based on information from Greater Lansing MLS, and RealComp II Ltd. for the period 03/01/2023 - 03/01/2025
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: 3/6/2025, 11:50:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: 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: 3/6/2025, 11:55:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.