The 48220 housing market is very competitive. The median sale price of a home in 48220 was $240K last month, up 7.6% since last year. The median sale price per square foot in 48220 is $230, up 0.0% since last year.
In April 2024, 48220 home prices were up 7.6% compared to last year, selling for a median price of $240K. On average, homes in 48220 sell after 24 days on the market compared to 23 days last year. There were 103 homes sold in April this year, down from 105 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$240,000
+7.6% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
48220, MI
$240,000
+7.6%
United States
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How hot is the 48220 housing market?
48220 is very competitive. Homes sell in 20 days.
0
100
81
Very 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 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 20 days.
Hot homes
can sell for about 5% above list price and go pending in around 7 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 48220 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 48220.
Risk Factor
Flood Factor - Minor
19% of properties are at risk of severe flooding over the next 30 years
Flood Factor
48220 has a minor risk of flooding. 677 properties in 48220 are likely to be
severely affected
by flooding over the next 30 years. This represents 19% of all properties in 48220. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
48220 has a minor risk of wildfire. There are 50 properties in 48220 that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in 48220.