The 48001 housing market is somewhat competitive. The median sale price of a home in 48001 was $210K last month, down 9.87% since last year. The median sale price per square foot in 48001 is $178, up 3.5% since last year.
In March 2024, 48001 home prices were down 9.87% compared to last year, selling for a median price of $210K. On average, homes in 48001 sell after 56 days on the market compared to 49 days last year. There were 29 homes sold in March this year, down from 44 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$210,000
-9.87% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
48001, MI
$210,000
-9.87%
United States
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How hot is the 48001 housing market?
48001 is somewhat competitive. Homes sell in 49 days.
0
100
56
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 2% below list price and go pending in around 49 days.
Hot homes
can sell for around list price and go pending in around 15 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 48001 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 48001.
Risk Factor
Flood Factor - Minor
19% of properties are at risk of severe flooding over the next 30 years
Flood Factor
48001 has a minor risk of flooding. 379 properties in 48001 are likely to be
severely affected
by flooding over the next 30 years. This represents 19% of all properties in 48001. Flood risk is increasing faster than the national average.
55% of properties are at risk of wildfire over the next 30 years
Fire Factor
48001 has a moderate risk of wildfire. There are 3,675 properties in 48001 that have some risk of being affected by wildfire over the next 30 years. This represents 55% of all properties in 48001.