The 48047 housing market is very competitive. The median sale price of a home in 48047 was $340K last month, up 10.0% since last year. The median sale price per square foot in 48047 is $193, up 9.0% since last year.
In March 2024, 48047 home prices were up 10.0% compared to last year, selling for a median price of $340K. On average, homes in 48047 sell after 34 days on the market compared to 42 days last year. There were 87 homes sold in March this year, down from 123 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$340,000
+10.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
48047, MI
$340,000
+10.0%
United States
To compare other locations to the 48047 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.
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How hot is the 48047 housing market?
48047 is very competitive. Homes sell in 22 days.
0
100
73
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 around list price and go pending in around 22 days.
Hot homes
can sell for about 3% above list price and go pending in around 7 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
8/10
Great Oaks Elementary School
Public • K-5
452
Students
7 reviews
8/10
Ashley Elementary School
Public • K-5
455
Students
6 reviews
7/10
Lottie M. Schmidt Elementary School
Public • PreK-5
295
Students
4 reviews
7/10
Dean A. Naldrett School
Public • PreK-5
157
Students
5 reviews
7/10
Sugarbush Elementary School
Public • PreK-5
258
Students
2 reviews
Only showing 5 of
10 elementary schools.
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 48047 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 48047.
Risk Factor
Flood Factor - Moderate
24% of properties are at risk of severe flooding over the next 30 years
Flood Factor
48047 has a moderate risk of flooding. 1,384 properties in 48047 are likely to be
severely affected
by flooding over the next 30 years. This represents 24% of all properties in 48047. Flood risk is increasing slower than the national average.
14% of properties are at risk of wildfire over the next 30 years
Fire Factor
48047 has a moderate risk of wildfire. There are 1,797 properties in 48047 that have some risk of being affected by wildfire over the next 30 years. This represents 14% of all properties in 48047.