The 48820 housing market is somewhat competitive. The median sale price of a home in 48820 was $348K last month, up 2.7% since last year. The median sale price per square foot in 48820 is $161, down 3.0% since last year.
In April 2024, 48820 home prices were up 2.7% compared to last year, selling for a median price of $348K. On average, homes in 48820 sell after 27 days on the market compared to 29 days last year. There were 51 homes sold in April this year, up from 42 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$347,500
+2.7% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
48820, MI
$347,500
+2.7%
United States
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How hot is the 48820 housing market?
48820 is somewhat competitive. Homes sell in 21 days.
0
100
68
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 1% above list price and go pending in around 21 days.
Hot homes
can sell for about 3% 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 48820 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 48820.
Risk Factor
Flood Factor - Major
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
48820 has a major risk of flooding. 588 properties in 48820 are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in 48820. Flood risk is increasing slower than the national average.
31% of properties are at risk of wildfire over the next 30 years
Fire Factor
48820 has a moderate risk of wildfire. There are 2,316 properties in 48820 that have some risk of being affected by wildfire over the next 30 years. This represents 31% of all properties in 48820.