48865, MI Housing Market

The 48865 housing market is very competitive. The median sale price of a home in 48865 was $206K last month, down 10.4% since last year. The median sale price per square foot in 48865 is $133, down 45.3% since last year.

Trends
Demand
Schools
Climate

48865 Housing Market Trends

What is the housing market like in 48865 today?

In October 2024, 48865 home prices were down 10.4% compared to last year, selling for a median price of $206K.

$181K

Sale Price

-64.1%
since last year

$133

Sale $/Sq. Ft.

-45.3%
since last year

Under List Price

3.2%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the 48865 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.

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How hot is the 48865 housing market?

48865 is very competitive. Homes sell in 18 days.

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 3% below list price and go pending in around 18 days.
Hot homes
can sell for about 4% above list price and go pending in around 3 days.

Compare With Nearby Zip codes

49331

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 13 days.
Hot homes
can sell for about 1% above list price and go pending in around 5 days.

48838

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% below list price and go pending in around 21 days.
Hot homes
can sell for around list price and go pending in around 6 days.

See more nearby cities and neighborhoods

View houses in 48865 that sold recently

Recently sold homes

SOLD OCT 17, 2024
$155,000 Last Sold Price
3 beds
1 bath
956 sq ft
5638 Orleans Rd, Orleans, MI 48865
List Price
$145,000
Sale to List
7% over list
Days on Market
37 days
5638 Orleans Rd, Orleans, MI 48865
SOLD OCT 15, 2024
$100,000
—beds
—baths
—sq ft
Flannigan Rd, Orleans, MI 48865
List Price
—
Sale to List
—
Days on Market
—
Flannigan Rd, Orleans, MI 48865
SOLD OCT 15, 2024
3D WALKTHROUGH
$206,000 Last Sold Price
3 beds
2.5 baths
1,978 sq ft
3016 Palmer Rd, Orleans, MI 48865
List Price
$224,900
Sale to List
8% under list
Days on Market
35 days
3016 Palmer Rd, Orleans, MI 48865
SOLD OCT 4, 2024
$46,500
—beds
1 bath
980 sq ft
7044 Canfield Rd, Belding, MI 48809
List Price
—
Sale to List
—
Days on Market
—
7044 Canfield Rd, Belding, MI 48809
SOLD SEP 20, 2024
$235,000 Last Sold Price
1 bed
1 bath
636 sq ft
2892 Hall St, Orleans, MI 48865
List Price
$239,900
Sale to List
2% under list
Days on Market
49 days
2892 Hall St, Orleans, MI 48865
SOLD SEP 9, 2024
$65,000
—beds
1 bath
1,592 sq ft
8475 Hidden Trl, Orleans, MI 48865
List Price
—
Sale to List
—
Days on Market
—
8475 Hidden Trl, Orleans, MI 48865
SOLD AUG 6, 2024
$57,000
—beds
—baths
—sq ft
471 Woods Rd, Orleans, MI 48865
List Price
—
Sale to List
—
Days on Market
—
471 Woods Rd, Orleans, MI 48865
SOLD JUL 29, 2024
$270,000 Last Sold Price
2 beds
2 baths
1,968 sq ft
2533 W Long Lake Rd, Orleans, MI 48865
List Price
$280,000
Sale to List
4% under list
Days on Market
61 days
2533 W Long Lake Rd, Orleans, MI 48865
See all recently sold homes in 48865.
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Schools in 48865

Learn about schools in the 48865 area

Elementary
Middle
High

GreatSchools Rating

4/10

R.B. Boyce Elementary School

Public • PreK-5

308

Students

3 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 48865 housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 48865.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Minor

97% of properties are at minor risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for 48865

New Listings in 48865

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