The University housing market is not very competitive. The median sale price of a home in University was $330K last month, down 17.9% since last year. The median sale price per square foot in University is $312, down 7.3% since last year.
What is the housing market like in University today?
In March 2024, University home prices were down 17.9% compared to last year, selling for a median price of $330K. On average, homes in University sell after 134 days on the market compared to 101 days last year. There were 17 homes sold in March this year, up from 13 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$330,000
-17.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
University, MI
$330,000
-17.9%
United States
To compare other locations to the University and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Detroit add value to a home.
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How hot is the University housing market?
University is not very competitive. Homes sell in 76 days.
0
100
22
Not 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 6 months
Multiple offers are rare.
The average homes sell for about 3% below list price and go pending in around 76 days.
Hot homes
can sell for about 1% below list price and go pending in around 17 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 University housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in University.
Risk Factor
Flood Factor - Minor
22% of properties are at risk of severe flooding over the next 30 years
Flood Factor
University has a minor risk of flooding. 96 properties in University are likely to be
severely affected
by flooding over the next 30 years. This represents 22% of all properties in University. Flood risk is increasing slower than the national average.
1% of properties are at risk of wildfire over the next 30 years
Fire Factor
University has a moderate risk of wildfire. There are 25 properties in University that have some risk of being affected by wildfire over the next 30 years. This represents 1% of all properties in University.