Pontiac, MI 48341 Real Estate Market Report

ZIP Code: 48341
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Pontiac MI are 6.3%, reflecting a market environment where rates have fluctuated significantly throughout 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The median sold price is $149,900, which serves as the primary indicator of realized market value and recent transaction activity in the area; given the down price year-over-year trend, this suggests recent transactions are occurring at slightly lower levels than a year ago.

2. The median days on market is 261, signaling notably slower sales velocity and pricing friction — properties are taking longer to convert, which may give buyers more time to negotiate.

3. The median listing price is $119,950 versus the realized median sold price of $149,900, indicating a meaningful gap between asking and transaction prices that appears to reflect divergent seller expectations and recent sale outcomes.

4. Median market rent is $1,225 while the median price per square foot is $115; with rent year-over-year trending up and interest rate pressure at a moderate level (current 30-year fixed mortgage rates noted at 6.3%), investors should weigh tighter financing costs against improving rent dynamics when evaluating buy-and-hold opportunities.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Pontiac, MI 48341 Real Estate Market Report

ZIP Code: 48341
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Pontiac MI are 6.3%, reflecting a market environment where rates have fluctuated significantly throughout 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The market value indicator is the 214,900 median sold price, which represents the most recent representative recent sale level and suggests pricing is softer compared with prior periods; price trends are down year‑over‑year, which may favor negotiated offers over full‑ask transactions.

2. Liquidity appears slow: the 259 median days on market signals prolonged listing lifecycles and suggests slower sales velocity, so sellers should expect longer time-to-contract and buyers may gain leverage on terms and contingencies.

3. Pricing efficiency shows pressure: the 120 median price per square foot combined with the extended days on market indicates possible pricing friction between seller expectations and what buyers are transacting for in this market.

4. Rental market context is supportive for investors: the 950 median market rent is rising (rent year‑over‑year trend: up), while interest rate pressure is moderate and current 30‑year fixed mortgage rates are 6.3%, which may temper acquisition demand and favor financing-sensitive buyer negotiation strategies.

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Notable Properties

The following 4 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.