The 48042 housing market is somewhat competitive. The median sale price of a home in 48042 was $453K last month, up 6.7% since last year. The median sale price per square foot in 48042 is $196, up 5.9% since last year.
In March 2024, 48042 home prices were up 6.7% compared to last year, selling for a median price of $453K. On average, homes in 48042 sell after 24 days on the market compared to 46 days last year. There were 78 homes sold in March this year, down from 135 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$453,450
+6.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
48042, MI
$453,450
+6.7%
United States
To compare other locations to the 48042 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 48042 housing market?
48042 is somewhat competitive. Homes sell in 20 days.
0
100
65
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 around list price and go pending in around 20 days.
Hot homes
can sell for about 2% above list price and go pending in around 8 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 48042 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 48042.
Risk Factor
Flood Factor - Moderate
28% of properties are at risk of severe flooding over the next 30 years
Flood Factor
48042 has a moderate risk of flooding. 1,323 properties in 48042 are likely to be
severely affected
by flooding over the next 30 years. This represents 28% of all properties in 48042. Flood risk is increasing slower than the national average.
18% of properties are at risk of wildfire over the next 30 years
Fire Factor
48042 has a moderate risk of wildfire. There are 1,722 properties in 48042 that have some risk of being affected by wildfire over the next 30 years. This represents 18% of all properties in 48042.