The 48023 housing market is somewhat competitive. The median sale price of a home in 48023 was $386K last month, up 2.8% since last year. The median sale price per square foot in 48023 is $209, down 2.3% since last year.
In October 2024, 48023 home prices were up 2.8% compared to last year, selling for a median price of $386K. On average, homes in 48023 sell after 28 days on the market compared to 38 days last year. There were 10 homes sold in October this year, up from 10 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$385,500
+2.8% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
48023, MI
$385,500
+2.8%
United States
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How hot is the 48023 housing market?
48023 is somewhat competitive. Homes sell in 33 days.
0
100
51
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 33 days.
Hot homes
can sell for around list price and go pending in around 19 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on 48023 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 48023.
Flood Factor - Minor
27% of properties are at risk of severe flooding over the next 30 years
Flood Factor
48023 has a minor risk of flooding. 237 properties in 48023 are likely to be
severely affected
by flooding over the next 30 years. This represents 27% of all properties in 48023. Flood risk is increasing slower than the national average.
32% of properties are at risk of wildfire over the next 30 years
Fire Factor
48023 has a moderate risk of wildfire. There are 716 properties in 48023 that have some risk of being affected by wildfire over the next 30 years. This represents 32% of all properties in 48023.