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ARMADA, MI 48005

Real Estate Market Report  ·  Macomb County
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The ARMADA, MI real estate market (48005) currently shows 14 active listings, with 4 pending sales. Homes are averaging 55 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 55 days on market compared to 65 days last year.

The median listing price has fallen 16.7% year-over-year, from $599,950 to $499,900.

Whether you are buying or selling in ARMADA, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 5,317  ·  Density: 56.2/mi²  ·  Median household income: $106,190

Typical home value: $282,527  ·  Homeownership: 90.9%

Market Overview

Active Listings
14
⇩ 17.6% vs 17 last year
Pending
4
29% pending ratio
Median Price
$499,900
⇩ 16.7% vs $599,950 last year
Average Price
$488,361
⇩ 23.4% vs $637,592 last year
Days on Market
55
⇩ 15.4% vs 65 days last year

Price Per Square Foot

Median $/sqft
$211
⇩ 19.8% vs $263/sqft last year
Median Home Size
2,196 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 14 this year vs 17 last year
  • Days on market: 55 now vs 65 last year

Median & Average Pricing

Year over Year
  • Median: $499,900 (-16.7% YoY)
  • Average: $488,361 (-23.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 14.0 miles — 702 listings ($369,664,289 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48005Armada, MI 480050.0 mi15$7,353,450$462,450$490,230
48096Ray, MI 480966.1 mi9$8,628,561$774,625$958,729
48062Richmond, MI 480626.2 mi27$11,144,925$365,000$412,775
48050New Haven, MI 480507.7 mi6$2,937,150$518,675$489,525
48041Memphis, MI 480418.6 mi6$2,839,200$486,500$473,200
48048New Haven, MI 480489.9 mi17$6,183,104$352,496$363,712
48042Macomb, MI 4804211.3 mi176$100,235,520$589,900$569,520
48051New Baltimore, MI 4805112.1 mi57$20,839,884$333,650$365,612
48315Utica, MI 4831512.8 mi93$64,079,604$634,666$689,028
48316Utica, MI 4831612.9 mi83$48,103,065$456,950$579,555
48022Emmett, MI 4802213.5 mi5$1,357,180$263,000$271,436
48044Macomb, MI 4804413.8 mi98$46,053,336$503,718$469,932
48047New Baltimore, MI 4804714.0 mi110$49,909,310$421,200$453,721

Frequently Asked Questions

How many homes are for sale in ARMADA, MI 48005?

As of March 2026, there are 14 active listings in ARMADA, MI (zip code 48005), compared to 17 the prior year.

What is the median home price in ARMADA, MI 48005?

The median listing price in ARMADA, MI 48005 is $499,900 as of March 2026, a 16.7% decrease from $599,950 the prior year.

How long do homes stay on the market in ARMADA, MI?

Homes in ARMADA, MI 48005 spend an average of 55 days on the market before going under contract, compared to 65 days the prior year.

Is it a seller's or buyer's market in ARMADA, MI 48005?

Based on current inventory and days-on-market data as of March 2026, ARMADA, MI 48005 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 55 days on market compared to 65 days last year.

How much can I save on real estate commission in ARMADA, MI?

With SELL123.com's maximum 3% commission, sellers in ARMADA, MI 48005 save an estimated $9,998 compared to a typical 5% commission on the median listing price of $499,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.