Midland, MI 48640 Real Estate & Property Data

Midland, MI 48640 Real Estate Market Trends
Last Updated: April 25, 2024

A total of 580 residential properties have been sold over the past 12 months in 48640. With a median sales price of $185,000 in 48640 and a total of 4 foreclosures in Midland, MI 48640. Discover market trends and get the granular level real estate data for Midland, MI 48640 to keep your pulse on the housing market. Curate compelling home reports for Midland, MI 48640 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Midland, MI 48640 Real Estate Market Trends
Total Residential Properties 11,943
Total Commercial Properties 1,226
Avg. Home Age (Single Family Home) 61 Years
Avg. Square Feet (Single Family Home) 1,684
Total 2024 Residential Sales (year-to-date) 66
% of Homes Seriously Underwater (Q2 2024) 1.06%
Total 2023 Residential Sales 542
% of Equity Rich Homes (Q2 2024) 16.86%
Effective 2023 Property Tax 1.34%
Total Foreclosure Filings (year-to-date) 6
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Midland, MI 48640 Real Estate Overview

There were 580 residential properties sold in the past year in Midland, MI 48640. The median home value in Midland, MI 48640 is $199,152. There are a total of 11,943 residential properties in the 48640.

Median Sales Price i
$185,000
(Feb 2024)
+15.6%
year-over-year
y-o-y
  • February '24 Feb '24 $185,000
  • January '24 Jan '24 $198,512
  • December '23 Dec '23 $188,250
  • November '23 Nov '23 $207,500
  • October '23 Oct '23 $212,250
  • September '23 Sep '23 $248,862
  • August '23 Aug '23 $203,500
  • July '23 Jul '23 $218,000
  • June '23 Jun '23 $187,250
  • May '23 May '23 $221,000
  • April '23 Apr '23 $191,000
  • March '23 Mar '23 $177,500
Median Down Payment i
$17,400
(Feb 2024)
-32.2%
year-over-year
y-o-y
  • February '24 Feb '24 $17,400
  • January '24 Jan '24 $21,050
  • December '23 Dec '23 $20,070
  • November '23 Nov '23 $25,000
  • October '23 Oct '23 $27,500
  • September '23 Sep '23 $27,750
  • August '23 Aug '23 $17,800
  • July '23 Jul '23 $44,000
  • June '23 Jun '23 $22,500
  • May '23 May '23 $19,320
  • April '23 Apr '23 $33,437
  • March '23 Mar '23 $21,500
Number of Homes Sold i
31
(Feb 2024)
+29.2%
year-over-year
y-o-y
  • February '24 Feb '24 31
  • January '24 Jan '24 35
  • December '23 Dec '23 49
  • November '23 Nov '23 50
  • October '23 Oct '23 50
  • September '23 Sep '23 57
  • August '23 Aug '23 57
  • July '23 Jul '23 50
  • June '23 Jun '23 57
  • May '23 May '23 51
  • April '23 Apr '23 36
  • March '23 Mar '23 33
Number of Purchase Loans i
24
(Feb 2024)
+20%
year-over-year
y-o-y
  • February '24 Feb '24 24
  • January '24 Jan '24 27
  • December '23 Dec '23 32
  • November '23 Nov '23 39
  • October '23 Oct '23 34
  • September '23 Sep '23 41
  • August '23 Aug '23 42
  • July '23 Jul '23 38
  • June '23 Jun '23 42
  • May '23 May '23 35
  • April '23 Apr '23 24
  • March '23 Mar '23 23
Number of REFI Loans i
7
(Feb 2024)
-46.2%
year-over-year
y-o-y
  • February '24 Feb '24 7
  • January '24 Jan '24 15
  • December '23 Dec '23 9
  • November '23 Nov '23 8
  • October '23 Oct '23 22
  • September '23 Sep '23 12
  • August '23 Aug '23 19
  • July '23 Jul '23 13
  • June '23 Jun '23 22
  • May '23 May '23 18
  • April '23 Apr '23 14
  • March '23 Mar '23 11
Number of HELOC Loans i
6
(Feb 2024)
+50%
year-over-year
y-o-y
  • February '24 Feb '24 6
  • January '24 Jan '24 8
  • December '23 Dec '23 6
  • November '23 Nov '23 7
  • October '23 Oct '23 11
  • September '23 Sep '23 10
  • August '23 Aug '23 22
  • July '23 Jul '23 6
  • June '23 Jun '23 20
  • May '23 May '23 8
  • April '23 Apr '23 4
  • March '23 Mar '23 7

Midland, MI 48640 Foreclosure Activity

There were a total of 4 Midland, MI 48640 properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 4 Midland, MI 48640 properties and repossessed 1 Midland, MI 48640 properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
4
(Feb 2024)
+100%
year-over-year
y-o-y
  • February '24 Feb '24 4
  • January '24 Jan '24 2
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 2
  • September '23 Sep '23 1
  • August '23 Aug '23 1
  • July '23 Jul '23 N/A
  • June '23 Jun '23 1
  • May '23 May '23 N/A
  • April '23 Apr '23 4
  • March '23 Mar '23 2
Foreclosure Starts i
4
(Feb 2024)
+100%
year-over-year
y-o-y
  • February '24 Feb '24 4
  • January '24 Jan '24 2
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 2
  • September '23 Sep '23 1
  • August '23 Aug '23 1
  • July '23 Jul '23 N/A
  • June '23 Jun '23 1
  • May '23 May '23 N/A
  • April '23 Apr '23 4
  • March '23 Mar '23 2
Completed Foreclosures (REOs) i
1
(Feb 2024)
  • February '24 Feb '24 1
  • January '24 Jan '24 N/A
  • December '23 Dec '23 1
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 1
  • August '23 Aug '23 1
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
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