Single-Family Homes
Sat Oct 03 2026
This week the median list price for Howell, MI 48843 is $475,575 with the market action index hovering around 53. This is about the same as last month's market action index of 53. Inventory has increased to 78.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
The market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable.
| Median List Price | $475,575 | |
| Median Price of New Listings | $434,900 | |
| Per Square Foot | $253 | |
| Average Days on Market | 69 | |
| Median Days on Market | 21 | |
| Price Decreased | 29% | |
| Price Increased | 0% | |
| Relisted | 13% | |
| Inventory | 78 | |
| Median Rent | ||
| Market Action | 53 | |
| Strong Seller's Market | ||
Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $782,450 | 2,647 | 1 - 2.5 acres | 4 | 3.5 | 6 | 2 | 1 | 63 |
| $549,900 | 2,284 | 0.5 - 1 acre | 4 | 2.5 | 24 | 4 | 5 | 21 |
| $432,400 | 1,806 | 0.25 - 0.5 acre | 4 | 2.5 | 23 | 5 | 4 | 17 |
| $315,000 | 1,432 | 6,500 - 8,000 sqft | 3 | 2 | 72 | 5 | 5 | 21 |