The 48208 housing market is somewhat competitive. The median sale price of a home in 48208 was $225K last month, down 30.4% since last year. The median sale price per square foot in 48208 is $182, down 40.2% since last year.
In May 2024, 48208 home prices were down 30.4% compared to last year, selling for a median price of $225K. On average, homes in 48208 sell after 45 days on the market compared to 117 days last year. There were 16 homes sold in May this year, up from 12 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$224,950
-30.4% YoY | May 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2024
Growth
% YoY
48208, MI
$224,950
-30.4%
United States
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How hot is the 48208 housing market?
48208 is somewhat competitive. Homes sell in 35 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 6 months
Some homes get multiple offers.
The average homes sell for about 5% below list price and go pending in around 35 days.
Hot homes
can sell for around 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 48208 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 48208.
Risk Factor
Flood Factor - Moderate
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
48208 has a moderate risk of flooding. 549 properties in 48208 are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in 48208. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
48208 has a minor risk of wildfire. There are 53 properties in 48208 that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in 48208.