The 48059 housing market is very competitive. The median sale price of a home in 48059 was $244K last month, up 3.0% since last year. The median sale price per square foot in 48059 is $188, up 26.2% since last year.
In March 2024, 48059 home prices were up 3.0% compared to last year, selling for a median price of $244K. On average, homes in 48059 sell after 26 days on the market compared to 40 days last year. There were 46 homes sold in March this year, up from 30 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$243,500
+3.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
48059, MI
$243,500
+3.0%
United States
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How hot is the 48059 housing market?
48059 is very competitive. Homes sell in 19 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 about 2% below list price and go pending in around 19 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 48059 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 48059.
Risk Factor
Flood Factor - Moderate
29% of properties are at risk of severe flooding over the next 30 years
Flood Factor
48059 has a moderate risk of flooding. 1,063 properties in 48059 are likely to be
severely affected
by flooding over the next 30 years. This represents 29% of all properties in 48059. Flood risk is increasing slower than the national average.
43% of properties are at risk of wildfire over the next 30 years
Fire Factor
48059 has a moderate risk of wildfire. There are 2,771 properties in 48059 that have some risk of being affected by wildfire over the next 30 years. This represents 43% of all properties in 48059.