Derek Bauer (734) 678-4745
Howell, MI 48843
Single-Family Homes
Real Estate One - Brighton | https://BauerRealtySolutions.com
Howell, MI 48843
Fri May 15 2026
This week the median list price for Howell, MI 48843 is $508,500 with the market action index hovering around 58. This is an increase over last month's market action index of 53. Inventory has increased to 54.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market Narrative
The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.
Real-Time Market Profile
| Median List Price | $508,500 | |
| Median Price of New Listings | $412,500 | |
| Per Square Foot | $263 | |
| Average Days on Market | 71 | |
| Median Days on Market | 25 | |
| Price Decreased | 30% | |
| Price Increased | 6% | |
| Relisted | 6% | |
| Inventory | 54 | |
| Median Rent | ||
| Market Action | 58 | |
| Strong Seller's Market | ||
Despite this week’s down tic, price trends in this zip code have been moving up in the last few weeks. We are below the market’s high point, and we’ll investigate the Market Action Index later on to see if we expect this week’s blip to become a downward trend.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $847,000 | 2,578 | 1 - 2.5 acres | 4 | 3.3 | 18 | 1 | 2 | 84 |
| $619,900 | 1,850 | 0.25 - 0.5 acre | 3 | 2.5 | 2 | 2 | 2 | 42 |
| $445,000 | 1,876 | 0.25 - 0.5 acre | 4 | 2.5 | 22 | 6 | 2 | 7 |
| $350,000 | 1,800 | 0.25 - 0.5 acre | 3 | 2 | 88 | 7 | 5 | 0 |