The 48238 housing market is somewhat competitive. Homes in 48238 receive 1 offers on average and sell in around 56.5 days. The median sale price of a home in 48238 was $73K last month, up 11.5% since last year. The median sale price per square foot in 48238 is $55, up 33.7% since last year.
In November 2024, 48238 home prices were up 11.5% compared to last year, selling for a median price of $73K. On average, homes in 48238 sell after 57 days on the market compared to 38 days last year. There were 84 homes sold in November this year, down from 87 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$72,500
+11.5% YoY | Nov 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Nov 2024
Growth
% YoY
48238, MI
$72,500
+11.5%
United States
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How hot is the 48238 housing market?
48238 is somewhat competitive. Homes sell in 56.5 days.
0
100
45
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 3 months
Some homes get multiple offers.
The average homes sell for about 7% below list price and go pending in around 57 days.
Hot homes
can sell for around list price and go pending in around 21 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 48238 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 48238.
Flood Factor - Minor
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
48238 has a minor risk of flooding. 853 properties in 48238 are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in 48238. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
48238 has a moderate risk of wildfire. There are 7 properties in 48238 that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in 48238.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
48238 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 48238 is most at risk from severe storms. 18,405 properties in 48238 have some risk of being in a severe wind event within the next 30 years.