Pontiac, MI 48341 Real Estate Market Report

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.

Market Metrics

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.

Rental Market

Property Taxes

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.

Market Trends & Context

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

Key Findings

1. The primary indicator of recent market value is the median sold price of 137,000, which represents the most reliable signal of transaction activity and should be prioritized over asking prices when valuing SFR and condo assets in 48341.
2. The market shows a year-over-year price trajectory of down while interest rate pressure is moderate; combined with current 30-year fixed mortgage rates averaging 6.69%, this environment may constrain buyer purchasing power and extend time needed to match seller expectations.
3. There is a notable divergence between the median listing price of 124,500 and the median sold price of 137,000; this gap may indicate pricing friction where seller expectations or listing strategies differ from recent transaction levels and suggests careful comparables-based pricing is required to achieve a representative recent sale.
4. Liquidity signals point to slower transaction velocity: the median days on market is 292, which suggests elongated marketing periods and that sellers may need more time or pricing flexibility to close deals; conversely, rent growth is up with median market rent at 1,250, highlighting stronger rental demand that could support buy-and-hold strategies rather than quick resale.

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.