The 48203 housing market is somewhat competitive. The median sale price of a home in 48203 was $56K last month, up 19.0% since last year. The median sale price per square foot in 48203 is $42, down 27.6% since last year.
In April 2024, 48203 home prices were up 19.0% compared to last year, selling for a median price of $56K. On average, homes in 48203 sell after 82 days on the market compared to 52 days last year. There were 36 homes sold in April this year, up from 32 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$56,250
+19.0% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
48203, MI
$56,250
+19.0%
United States
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How hot is the 48203 housing market?
48203 is somewhat competitive. Homes sell in 58 days.
0
100
46
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 58 days.
Hot homes
can sell for around list price and go pending in around 10 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 48203 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 48203.
Risk Factor
Flood Factor - Moderate
19% of properties are at risk of severe flooding over the next 30 years
Flood Factor
48203 has a moderate risk of flooding. 1,614 properties in 48203 are likely to be
severely affected
by flooding over the next 30 years. This represents 19% of all properties in 48203. Flood risk is increasing slower than the national average.
1% of properties are at risk of wildfire over the next 30 years
Fire Factor
48203 has a moderate risk of wildfire. There are 272 properties in 48203 that have some risk of being affected by wildfire over the next 30 years. This represents 1% of all properties in 48203.