48116 Real Estate Market

48116 Market

The median sale price for homes in 48116 over the last 12 months is $150,000.


The median mortgage debt is $203,080.

Additional Statistics for Single Family Homes and Condos in Brighton, MI
$199,080
Median Listing Price
82
Median Days on Market
176
Active Listings
18.2%
Distressed Listings
(foreclosures and short sales)
48116 (Brighton, MI) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Brighton is $209,900. The list prices increased by 4.95% from the previous month.

The price per square foot for listings in this area is $134.

The median sale price in January for single family homes is $115,123. The sale prices dropped by -14.72% from the previous month.

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48116 (Brighton, MI) Market Inventory Trends

The number of active listings in Brighton dropped by 1.4% from the previous month.

The median number of days active properties have been listed is 77. This is significantly shorter than the national average.

The number of sales in January dropped by 90.9% from the previous month.

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48116 (Brighton, MI) Property Ownership

The percent of owner occupied properties in Brighton is 10.59% above the national average.

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