48933 Housing Market Report December 2024Ingham County, Michigan

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Housing Prices in 48933, MI

How much do homes in 48933, 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.
$174,900$101/SqFt
+$35,000
+25.0%

Based on all homes listed in the last 12 months

Insight

The list price of homes in 48933 has increased by 25% since last year.

Summary: The median home list price in 48933 was $174,900 in December 2024, up 25% from the previous year, and the median price per square foot was $101.

Median List Price By City

Median List Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
48933
+25.0%
48912
+12.6%
48915
+8.8%

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.
BedsDec 2023Dec 2024Change YoY
1--
N/A
2$197.4K$237.4K
+20.2%
3$179.9K$147.4K
-18.1%
4$122.4K$118.5K
-3.2%
5$142.4K$209.7K
+47.2%

Summary: 48933 housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +20.2%. The home price for 3 bedroom homes decreased by -18.1%. The home price for 4 bedroom homes decreased by -3.2%. The home price for 5 bedroom homes increased by +47.2%.

Housing supply in 48933, MI

How many homes are available in 48933, 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
2Last MonthDec 2024
22 months agoNov 2024
0.0 %
Change MoMNov – Dec

Summary: The 48933 real estate market had 2 homes for sale in Dec 2024, the same as Nov 2024

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.
BedsNov 2024Dec 2024Change MoM
100
0.0%
211
0.0%
300
0.0%
411
0.0%
500
0.0%

Summary: 48933 housing inventory by bedroom type for December 2024, 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 remained the same. The inventory for 5 bedroom homes remained the same.

Days on Market for 48933, MI

How long does it take to sell a home in 48933, MI?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
106 DaysThis YearDec 2024
92 Days1 year agoDec 2023
+14.9 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in 48933 had an average listing age of 106 days in Dec 2024, up by 14.9% compared to the previous year.

Newest Listings in 48933, MI

What homes are available in 48933, MI?

MLS Disclaimers and Copyright

Based on information from Greater Lansing MLS, for the period 01/01/2023 - 01/01/2025

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: 1/31/2025, 10:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.