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ARMADA, MI 48005

Real Estate Market Report  ·  Macomb County
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The ARMADA, MI real estate market (48005) currently shows 23 active listings, with 13 pending sales. Homes are averaging 24 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are selling faster, averaging 24 days on market compared to 59 days last year.

The median listing price has risen 15.8% year-over-year, from $419,900 to $486,225.

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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
23
⇧ 4.5% vs 22 last year
Pending
13
57% pending ratio
Median Price
$486,225
⇧ 15.8% vs $419,900 last year
Average Price
$629,129
⇧ 33.2% vs $472,441 last year
Days on Market
24
⇩ 59.3% vs 59 days last year

Price Per Square Foot

Median $/sqft
$221
⇩ 9.4% vs $244/sqft last year
Median Home Size
2,178 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 23 this year vs 22 last year
  • Days on market: 24 now vs 59 last year

Median & Average Pricing

Year over Year
  • Median: $486,225 (+15.8% YoY)
  • Average: $629,129 (+33.2% 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 September 2026, there are 23 active listings in ARMADA, MI (zip code 48005), compared to 22 the prior year.

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

The median listing price in ARMADA, MI 48005 is $486,225 as of September 2026, a 15.8% increase from $419,900 the prior year.

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

Homes in ARMADA, MI 48005 spend an average of 24 days on the market before going under contract, compared to 59 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 September 2026, ARMADA, MI 48005 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 24 days on market compared to 59 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 $9,725 compared to a typical 5% commission on the median listing price of $486,225. 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.