48341 Real Estate Market

48341 Market

The median sale price for homes in 48341 over the last 12 months is $65,000.


The median mortgage debt is $133,011.

Additional Statistics for Single Family Homes and Condos in Pontiac, MI
$29,720
Median Listing Price
60
Median Days on Market
87
Active Listings
56.3%
Distressed Listings
(foreclosures and short sales)
48341 (Pontiac, MI) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Pontiac is $29,900. The list prices dropped by -6.26% from the previous month.

The price per square foot for listings in this area is $26.

The median sale price in December for single family homes is $103,281. The sale prices increased by 151.9% from the previous month.

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48341 (Pontiac, MI) Market Inventory Trends

The number of active listings in Pontiac dropped by 7.8% from the previous month.

The median number of days active properties have been listed is 61. This is significantly shorter than the national average.

The number of sales in December dropped by 83.3% from the previous month.

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48341 (Pontiac, MI) Property Ownership

The percent of owner occupied properties in Pontiac is 12.53% below the national average.

The percent of rental properties in Pontiac is 16.79% above the national average which is typical for urban areas.

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