48651, MI Housing Market

Homes for sale

The 48651 housing market is somewhat competitive. The median sale price of a home in 48651 was $173K last month, down 33.7% since last year. The median sale price per square foot in 48651 is $151, down 1.3% since last year.

Trends
Demand
Schools
Climate

48651 Housing Market Trends

What is the housing market like in 48651 today?

$173K

Sale Price

-33.7%
since last year

$151

Sale $/Sq. Ft.

-1.3%
since last year

Under List Price

4.5%

Days on Market

69.5

Down Payment

—

Total Homes Sold

To compare other locations to the 48651 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Michigan add value to a home.

How hot is the 48651 housing market?

48651 is somewhat competitive. Homes sell in 69.5 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 5% below list price and go pending in around 70 days.
Hot homes
can sell for around list price and go pending in around 38 days.

Compare With Nearby Zip codes

48624

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 5% below list price and go pending in around 57 days.
Hot homes
can sell for around list price and go pending in around 22 days.

48625

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 5% below list price and go pending in around 61 days.
Hot homes
can sell for around list price and go pending in around 37 days.

See more nearby cities and neighborhoods

View houses in 48651 that sold recently

Recently sold homes

SOLD DEC 10, 2024
$341,000 Last Sold Price
2 beds
1 bath
833 sq ft
123 Hohman Dr, Prudenville, MI 48651
List Price
$375,000
Sale to List
9% under list
Days on Market
52 days
123 Hohman Dr, Prudenville, MI 48651
SOLD DEC 9, 2024
$110,000 Last Sold Price
3 beds
1.5 baths
1,403 sq ft
204 Beverly Dr, Denton Twp, MI 48651
List Price
$139,900
Sale to List
21% under list
Days on Market
165 days
204 Beverly Dr, Denton Twp, MI 48651
SOLD DEC 6, 2024
$89,900 Last Sold Price
—beds
—baths
—sq ft
Xxx E Shadow Lake Rd Unit 6, Prudenville, MI 48651
List Price
$89,900
Sale to List
0% over list
Days on Market
0 days
Xxx E Shadow Lake Rd Unit 6, Prudenville, MI 48651
SOLD DEC 5, 2024
$380,000 Last Sold Price
3 beds
3 baths
3,630 sq ft
136 Wooden Key Dr, Houghton Lake, MI 48629
List Price
$399,900
Sale to List
5% under list
Days on Market
84 days
136 Wooden Key Dr, Houghton Lake, MI 48629
SOLD DEC 4, 2024
$62,900 Last Sold Price
—beds
—baths
—sq ft
26 Owens Rd, Houghton Lake, MI 48629
List Price
$62,900
Sale to List
0% over list
Days on Market
20 days
26 Owens Rd, Houghton Lake, MI 48629
SOLD DEC 4, 2024
$62,900 Last Sold Price
—beds
—baths
—sq ft
27 Owens Rd, Houghton Lake, MI 48629
List Price
$62,900
Sale to List
0% over list
Days on Market
20 days
27 Owens Rd, Houghton Lake, MI 48629
SOLD DEC 4, 2024
$62,900 Last Sold Price
—beds
—baths
—sq ft
VL 11.16 Acres Owens Rd, Houghton Lake, MI 48629
(989) 429-2600
List Price
$62,900
Sale to List
0% over list
Days on Market
20 days
VL 11.16 Acres Owens Rd, Houghton Lake, MI 48629
SOLD DEC 4, 2024
$62,900 Last Sold Price
—beds
—baths
—sq ft
VL 11.09 Acres Owens Rd, Houghton Lake, MI 48629
(989) 429-2600
List Price
$62,900
Sale to List
0% over list
Days on Market
20 days
VL 11.09 Acres Owens Rd, Houghton Lake, MI 48629
See all recently sold homes in 48651.
See listings

Schools in 48651

Learn about schools in the 48651 area

Elementary
Middle
High

GreatSchools Rating

3/10 Collins Elementary School Public • PreK-6	566 Students	5 reviews
NR Collins Elementary School Public • PreK-2	253 Students	5 reviews

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on 48651 housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 48651.

Heat Factor - Minimal

98% of properties are at minimal risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for 48651

New Listings in 48651

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Roscommon County Housing Market

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48651, MI Housing Market

48651 Housing Market Trends

How hot is the 48651 housing market?

View houses in 48651 that sold recently

Recently sold homes

Schools in 48651

GreatSchools Rating

Climate's impact on 48651 housing

Flood Factor - Minor

Flood Factor

Fire Factor - Moderate

Fire Factor

Wind Factor - Minimal

Wind Factor

Heat Factor - Minimal

Heat Factor

More real estate resources for 48651

New Listings in 48651

City Housing Markets

County Housing Markets

Nearby Zip Code Housing Markets

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Rentals