48651, MI Housing Market

Homes for sale

The 48651 housing market is very competitive. The median sale price of a home in 48651 was $220K last month, down 7.9% since last year. The median sale price per square foot in 48651 is $150, up 6.0% since last year.

Trends
Demand
Schools
Climate

48651 Housing Market Trends

What is the housing market like in 48651 today?

$220K

Sale Price

-7.9%
since last year

$150

Sale $/Sq. Ft.

+6.0%
since last year

Under List Price

1.4%

Days on Market

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 very competitive. Homes sell in 40 days.

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 40 days.
Hot homes
can sell for around list price and go pending in around 20 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 37 days.
Hot homes
can sell for around list price and go pending in around 15 days.

48625

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 6% below list price and go pending in around 77 days.
Hot homes
can sell for around list price and go pending in around 24 days.

See more nearby cities and neighborhoods

View houses in 48651 that sold recently

Recently sold homes

SOLD MAY 29, 2025
3D WALKTHROUGH
$395,000 Last Sold Price
2 beds
1 bath
1,020 sq ft
386 W Houghton Lake Dr Unit B, Prudenville, MI 48651
(989) 502-2026
List Price
$395,000
Sale to List
0% over list
Days on Market
35 days
386 W Houghton Lake Dr Unit B, Prudenville, MI 48651
SOLD MAY 29, 2025
3D WALKTHROUGH
$395,000 Last Sold Price
2 beds
1 bath
1,020 sq ft
386 W Houghton Lake Dr, Prudenville, MI 48651
List Price
$395,000
Sale to List
0% over list
Days on Market
34 days
386 W Houghton Lake Dr, Prudenville, MI 48651
SOLD MAY 22, 2025
$465,000 Last Sold Price
3 beds
2 baths
2,318 sq ft
108 Choctaw Trl, Prudenville, MI 48651
List Price
$465,000
Sale to List
0% over list
Days on Market
51 days
108 Choctaw Trl, Prudenville, MI 48651
SOLD MAY 22, 2025
$260,000 Last Sold Price
2 beds
1 bath
1,440 sq ft
1548 Lake James Dr, Prudenville, MI 48651
List Price
$260,000
Sale to List
0% over list
Days on Market
28 days
1548 Lake James Dr, Prudenville, MI 48651
SOLD MAY 21, 2025
$35,000 Last Sold Price
—beds
—baths
—sq ft
Lot 7 Whisper Cv #7, Houghton Lake, MI 48629
List Price
$39,900
Sale to List
12% under list
Days on Market
565 days
Lot 7 Whisper Cv #7, Houghton Lake, MI 48629
SOLD MAY 20, 2025
$149,900 Last Sold Price
2 beds
1 bath
825 sq ft
137 Kimberly Dr, Prudenville, MI 48651
List Price
$149,900
Sale to List
0% over list
Days on Market
49 days
137 Kimberly Dr, Prudenville, MI 48651
SOLD MAY 19, 2025
$150,000 Last Sold Price
2 beds
1.5 baths
1,053 sq ft
211 Tudor Dr, Prudenville, MI 48651
(231) 946-4040
List Price
$150,000
Sale to List
0% over list
Days on Market
18 days
211 Tudor Dr, Prudenville, MI 48651
SOLD MAY 16, 2025
$250,000 Last Sold Price
3 beds
1 bath
768 sq ft
852 Lake James Dr, Prudenville, MI 48651
List Price
$254,500
Sale to List
2% under list
Days on Market
31 days
852 Lake James Dr, Prudenville, MI 48651
See all recently sold homes in 48651.
See listings

Schools in 48651

Learn about schools in the 48651 area

Elementary
Middle
High

GreatSchools Rating

5/10 Collins Elementary School Public • PreK-6	555 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

Nearby Zip Code Housing Markets

City Housing Markets

County Housing Markets

Roscommon County Housing Market

Nearby Zip Code Listings

City Listings

County Listings

Roscommon County Real Estate

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