The 48038 housing market is very competitive. The median sale price of a home in 48038 was $299K last month, up 13.5% since last year. The median sale price per square foot in 48038 is $183, up 5.2% since last year.
In January 2025, 48038 home prices were up 13.5% compared to last year, selling for a median price of $299K. On average, homes in 48038 sell after 21 days on the market compared to 16 days last year. There were 107 homes sold in January this year, up from 90 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$299,000
+13.5% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
48038, MI
$299,000
+13.5%
United States
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How hot is the 48038 housing market?
48038 is very competitive. Homes sell in 22 days.
0
100
81
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 2% below list price and go pending in around 22 days.
Hot homes
can sell for around list price and go pending in around 11 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 48038 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 48038.
Flood Factor - Minor
30% of properties are at risk of severe flooding over the next 30 years
Flood Factor
48038 has a minor risk of flooding. 1,260 properties in 48038 are likely to be
severely affected
by flooding over the next 30 years. This represents 30% of all properties in 48038. Flood risk is increasing slower than the national average.
5% of properties are at risk of wildfire over the next 30 years
Fire Factor
48038 has a moderate risk of wildfire. There are 434 properties in 48038 that have some risk of being affected by wildfire over the next 30 years. This represents 5% of all properties in 48038.