Freeland, MI 48623 Real Estate & Property Data

Freeland, MI 48623 Real Estate Market Trends
Last Updated: April 24, 2024

A total of 210 residential properties have been sold over the past 12 months in 48623. With a median sales price of $200,000 in 48623 and a total of 1 foreclosures in Freeland, MI 48623. Discover market trends and get the granular level real estate data for Freeland, MI 48623 to keep your pulse on the housing market. Curate compelling home reports for Freeland, MI 48623 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Freeland, MI 48623 Real Estate Market Trends
Total Residential Properties 5,026
Total Commercial Properties 291
Avg. Home Age (Single Family Home) 41 Years
Avg. Square Feet (Single Family Home) 1,779
Total 2024 Residential Sales (year-to-date) 28
% of Homes Seriously Underwater (Q2 2024) 0.89%
Total 2023 Residential Sales 194
% of Equity Rich Homes (Q2 2024) 38.74%
Effective 2023 Property Tax 1.11%
Total Foreclosure Filings (year-to-date) 1
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Freeland, MI 48623 Real Estate Overview

There were 210 residential properties sold in the past year in Freeland, MI 48623. The median home value in Freeland, MI 48623 is $264,391. There are a total of 5,026 residential properties in the 48623.

Median Sales Price i
$200,000
(Feb 2024)
+4.2%
year-over-year
y-o-y
  • February '24 Feb '24 $200,000
  • January '24 Jan '24 $242,000
  • December '23 Dec '23 $204,000
  • November '23 Nov '23 $286,000
  • October '23 Oct '23 $299,900
  • September '23 Sep '23 $297,500
  • August '23 Aug '23 $255,000
  • July '23 Jul '23 $210,000
  • June '23 Jun '23 $246,450
  • May '23 May '23 $220,500
  • April '23 Apr '23 $306,000
  • March '23 Mar '23 $240,150
Median Down Payment i
$60,000
(Feb 2024)
+264%
year-over-year
y-o-y
  • February '24 Feb '24 $60,000
  • January '24 Jan '24 $15,000
  • December '23 Dec '23 $70,000
  • November '23 Nov '23 $75,000
  • October '23 Oct '23 $21,700
  • September '23 Sep '23 $22,350
  • August '23 Aug '23 $31,250
  • July '23 Jul '23 $30,000
  • June '23 Jun '23 $45,000
  • May '23 May '23 $21,400
  • April '23 Apr '23 $16,850
  • March '23 Mar '23 $26,272
Number of Homes Sold i
16
(Feb 2024)
+166.7%
year-over-year
y-o-y
  • February '24 Feb '24 16
  • January '24 Jan '24 12
  • December '23 Dec '23 15
  • November '23 Nov '23 16
  • October '23 Oct '23 24
  • September '23 Sep '23 22
  • August '23 Aug '23 18
  • July '23 Jul '23 10
  • June '23 Jun '23 18
  • May '23 May '23 21
  • April '23 Apr '23 19
  • March '23 Mar '23 13
Number of Purchase Loans i
16
(Feb 2024)
+433.3%
year-over-year
y-o-y
  • February '24 Feb '24 16
  • January '24 Jan '24 7
  • December '23 Dec '23 15
  • November '23 Nov '23 11
  • October '23 Oct '23 19
  • September '23 Sep '23 14
  • August '23 Aug '23 13
  • July '23 Jul '23 8
  • June '23 Jun '23 16
  • May '23 May '23 14
  • April '23 Apr '23 10
  • March '23 Mar '23 9
Number of REFI Loans i
2
(Feb 2024)
-33.3%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 12
  • December '23 Dec '23 8
  • November '23 Nov '23 3
  • October '23 Oct '23 7
  • September '23 Sep '23 7
  • August '23 Aug '23 13
  • July '23 Jul '23 14
  • June '23 Jun '23 7
  • May '23 May '23 10
  • April '23 Apr '23 4
  • March '23 Mar '23 5
Number of HELOC Loans i
3
(Feb 2024)
-57.1%
year-over-year
y-o-y
  • February '24 Feb '24 3
  • January '24 Jan '24 N/A
  • December '23 Dec '23 3
  • November '23 Nov '23 13
  • October '23 Oct '23 7
  • September '23 Sep '23 5
  • August '23 Aug '23 8
  • July '23 Jul '23 4
  • June '23 Jun '23 7
  • May '23 May '23 7
  • April '23 Apr '23 9
  • March '23 Mar '23 6

Freeland, MI 48623 Foreclosure Activity

There were a total of 1 Freeland, MI 48623 properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 1 Freeland, MI 48623 properties and repossessed 1 Freeland, MI 48623 properties through completed foreclosures (REOs) in February 2024.

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