48005 Real Estate Market

48005 Market

The median sale price for homes in 48005 over the last 12 months is $113,193.


The median mortgage debt is $155,530.

Additional Statistics for Single Family Homes and Condos in Armada, MI
$255,580
Median Listing Price
94
Median Days on Market
34
Active Listings
5.9%
Distressed Listings
(foreclosures and short sales)
48005 (Armada, MI) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Armada is $254,999.

The price per square foot for listings in this area is $104.

The median sale price in December for single family homes is $163,236. The sale prices increased by 86.55% from the previous month.

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48005 (Armada, MI) Market Inventory Trends

The number of active listings in Armada dropped by 13.2% from the previous month.

The median number of days active properties have been listed is 95.

The number of sales in December dropped by 50% from the previous month.

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48005 (Armada, MI) Property Ownership

The percent of unoccupied properties is very low in Armada. It is -8.59% below the national average.

The percent of owner occupied properties in Armada is 22.19% above the national average.

The percent of rental properties in Armada is 10.8% below the national average.

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