The 48051 housing market is very competitive. The median sale price of a home in 48051 was $277K last month, up 0.7% since last year. The median sale price per square foot in 48051 is $199, up 9.9% since last year.
In March 2024, 48051 home prices were up 0.7% compared to last year, selling for a median price of $277K. On average, homes in 48051 sell after 52 days on the market compared to 31 days last year. There were 49 homes sold in March this year, down from 61 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$277,000
+0.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
48051, MI
$277,000
+0.7%
United States
To compare other locations to the 48051 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 48051 housing market?
48051 is very competitive. Homes sell in 19 days.
0
100
72
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 1% below list price and go pending in around 19 days.
Hot homes
can sell for about 2% above list price and go pending in around 7 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 48051 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 48051.
Risk Factor
Flood Factor - Moderate
24% of properties are at risk of severe flooding over the next 30 years
Flood Factor
48051 has a moderate risk of flooding. 1,384 properties in 48051 are likely to be
severely affected
by flooding over the next 30 years. This represents 24% of all properties in 48051. Flood risk is increasing slower than the national average.
14% of properties are at risk of wildfire over the next 30 years
Fire Factor
48051 has a moderate risk of wildfire. There are 1,797 properties in 48051 that have some risk of being affected by wildfire over the next 30 years. This represents 14% of all properties in 48051.