48188 Real Estate Market

48188 Market

The median sale price for homes in 48188 over the last 12 months is $164,807.


The median mortgage debt is $110,342.

Additional Statistics for Single Family Homes and Condos in Canton, MI
$178,540
Median Listing Price
41
Median Days on Market
195
Active Listings
34.4%
Distressed Listings
(foreclosures and short sales)
48188 (Canton, MI) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Canton is $199,900. The list prices dropped by -4.76% from the previous month.

The price per square foot for listings in this area is $96.

The median sale price in December for single family homes is $178,985. The sale prices increased by 11.86% from the previous month.

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48188 (Canton, MI) Market Inventory Trends

The number of active listings in Canton increased by 8.1% from the previous month.

The median number of days active properties have been listed is 41. This is significantly shorter than the national average.

The number of sales in December dropped by 58.6% from the previous month.

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48188 (Canton, MI) Property Ownership

The percent of owner occupied properties in Canton is 12.43% above the national average.

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