48618 Real Estate Market

48618 Market

The median sale price for homes in 48618 over the last 12 months is $70,363.


The median mortgage debt is $80,217.

Additional Statistics for Single Family Homes and Condos in Coleman, MI
$71,450
Median Listing Price
55
Median Days on Market
42
Active Listings
Not Available
Distressed Listings
(foreclosures and short sales)
48618 (Coleman, MI) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Coleman is $71,450. The list prices dropped by -3.44% from the previous month.

The price per square foot for listings in this area is $51.

The median sale price in February for single family homes is $69,900. The sale prices dropped by -21.01% from the previous month.

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48618 (Coleman, MI) Market Inventory Trends

The number of active listings in Coleman increased by 10.5% from the previous month.

The median number of days active properties have been listed is 55. This is significantly shorter than the national average.

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

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48618 (Coleman, MI) Property Ownership

This chart shows home occupancy within an area.

A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.

High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.