The 48348 housing market is very competitive. The median sale price of a home in 48348 was $465K last month, down 18.8% since last year. The median sale price per square foot in 48348 is $214, down 5.1% since last year.
In April 2024, 48348 home prices were down 18.8% compared to last year, selling for a median price of $465K. On average, homes in 48348 sell after 14 days on the market compared to 27 days last year. There were 45 homes sold in April this year, down from 64 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$465,000
-18.8% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
48348, MI
$465,000
-18.8%
United States
To compare other locations to the 48348 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Michigan add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the 48348 housing market?
48348 is very competitive. Homes sell in 13 days.
0
100
83
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 13 days.
Hot homes
can sell for about 7% above list price and go pending in around 5 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 48348 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 48348.
Risk Factor
Flood Factor - Minor
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
48348 has a minor risk of flooding. 513 properties in 48348 are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in 48348. Flood risk is increasing slower than the national average.
53% of properties are at risk of wildfire over the next 30 years
Fire Factor
48348 has a moderate risk of wildfire. There are 4,699 properties in 48348 that have some risk of being affected by wildfire over the next 30 years. This represents 53% of all properties in 48348.