48072 Real Estate Market

48072 Market

The median sale price for homes in 48072 over the last 12 months is $110,000.


The median mortgage debt is $175,807.

Additional Statistics for Single Family Homes and Condos in Berkley, MI
$133,620
Median Listing Price
60
Median Days on Market
148
Active Listings
18.2%
Distressed Listings
(foreclosures and short sales)
48072 (Berkley, MI) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Berkley is $134,900. The list prices increased by 11.48% from the previous month.

The price per square foot for listings in this area is $105.

The median sale price in December for single family homes is $145,000. The sale prices increased by 74.69% from the previous month.

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48072 (Berkley, MI) Market Inventory Trends

The number of active listings in Berkley dropped by 3.9% from the previous month.

The median number of days active properties have been listed is 60. This is significantly shorter than the national average.

The number of sales in December dropped by 66.7% from the previous month.

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48072 (Berkley, MI) Property Ownership

The percent of owner occupied properties in Berkley is 18.27% above the national average.

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