The 48001 housing market is very competitive. The median sale price of a home in 48001 was $275K last month, up 1.9% since last year. The median sale price per square foot in 48001 is $183, up 15.1% since last year.
In May 2025, 48001 home prices were up 1.9% compared to last year, selling for a median price of $275K. On average, homes in 48001 sell after 22 days on the market compared to 30 days last year. There were 31 homes sold in May this year, down from 39 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$275,000
+1.9% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
48001, MI
$275,000
+1.9%
United States
To compare other locations to the 48001 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Michigan add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the 48001 housing market?
48001 is very competitive. Homes sell in 20.5 days.
0
100
79
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 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 3% below list price and go pending in around 21 days.
Hot homes
can sell for around 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 48001 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 48001.
Flood Factor - Minor
23% of properties are at risk of severe flooding over the next 30 years
Flood Factor
48001 has a minor risk of flooding. 397 properties in 48001 are likely to be
severely affected
by flooding over the next 30 years. This represents 23% of all properties in 48001. Flood risk is increasing faster than the national average.
11% of properties are at risk of wildfire over the next 30 years
Fire Factor
48001 has a moderate risk of wildfire. There are 785 properties in 48001 that have some risk of being affected by wildfire over the next 30 years. This represents 11% of all properties in 48001.