The 48003 housing market is very competitive. The median sale price of a home in 48003 was $351K last month, down 3.2% since last year. The median sale price per square foot in 48003 is $239, up 2.4% since last year.
In February 2025, 48003 home prices were down 3.2% compared to last year, selling for a median price of $351K. On average, homes in 48003 sell after 50 days on the market compared to 31 days last year. There were 14 homes sold in February this year, up from 8 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$351,450
-3.2% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
48003, MI
$351,450
-3.2%
United States
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How hot is the 48003 housing market?
48003 is very competitive. Homes sell in 27 days.
0
100
83
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
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 27 days.
Hot homes
can sell for about 3% above list price and go pending in around 12 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 48003 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 48003.
Flood Factor - Minor
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
48003 has a minor risk of flooding. 217 properties in 48003 are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in 48003. Flood risk is increasing slower than the national average.
18% of properties are at risk of wildfire over the next 30 years
Fire Factor
48003 has a moderate risk of wildfire. There are 533 properties in 48003 that have some risk of being affected by wildfire over the next 30 years. This represents 18% of all properties in 48003.