The 48045 housing market is somewhat competitive. The median sale price of a home in 48045 was $275K last month, up 16.0% since last year. The median sale price per square foot in 48045 is $164, down 3.0% since last year.
In March 2024, 48045 home prices were up 16.0% compared to last year, selling for a median price of $275K. On average, homes in 48045 sell after 45 days on the market compared to 37 days last year. There were 53 homes sold in March this year, down from 58 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$275,000
+16.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
48045, MI
$275,000
+16.0%
United States
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How hot is the 48045 housing market?
48045 is somewhat competitive. Homes sell in 35 days.
0
100
67
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 35 days.
Hot homes
can sell for about 1% 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 48045 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 48045.
Risk Factor
Flood Factor - Moderate
70% of properties are at risk of severe flooding over the next 30 years
Flood Factor
48045 has a moderate risk of flooding. 799 properties in 48045 are likely to be
severely affected
by flooding over the next 30 years. This represents 70% of all properties in 48045. Flood risk is increasing slower than the national average.
2% of properties are at risk of wildfire over the next 30 years
Fire Factor
48045 has a moderate risk of wildfire. There are 169 properties in 48045 that have some risk of being affected by wildfire over the next 30 years. This represents 2% of all properties in 48045.