48640 Real Estate Market

48640 Market

The median sale price for homes in 48640 over the last 12 months is $103,750.


The median mortgage debt is $93,252.

Additional Statistics for Single Family Homes and Condos in Midland, MI
$147,000
Median Listing Price
89
Median Days on Market
4
Active Listings
25.0%
Distressed Listings
(foreclosures and short sales)
48640 (Midland, MI) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Midland is $147,000. The list prices dropped by -28.29% from the previous month.

The price per square foot for listings in this area is $68.

The median sale price in December for single family homes is $86,239. The sale prices dropped by -12.35% from the previous month.

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48640 (Midland, MI) Market Inventory Trends

The number of active listings in Midland dropped by 20% from the previous month.

The median number of days active properties have been listed is 89.

The number of sales in December dropped by 38.5% from the previous month.

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48640 (Midland, MI) Property Ownership

The percent of unoccupied properties is very low in Midland. It is -8.38% below the national average.

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