The 48101 housing market is somewhat competitive. The median sale price of a home in 48101 was $215K last month, down 0.74% since last year. The median sale price per square foot in 48101 is $185, up 4.5% since last year.
In October 2024, 48101 home prices were down 0.74% compared to last year, selling for a median price of $215K. On average, homes in 48101 sell after 11 days on the market compared to 9 days last year. There were 105 homes sold in October this year, up from 102 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$215,000
-0.74% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
48101, MI
$215,000
-0.74%
United States
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How hot is the 48101 housing market?
48101 is somewhat competitive. Homes sell in 13 days.
0
100
59
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 13 days.
Hot homes
can sell for about 3% above list price and go pending in around 6 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 48101 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 48101.
Flood Factor - Moderate
22% of properties are at risk of severe flooding over the next 30 years
Flood Factor
48101 has a moderate risk of flooding. 1,116 properties in 48101 are likely to be
severely affected
by flooding over the next 30 years. This represents 22% of all properties in 48101. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
48101 has a moderate risk of wildfire. There are 28 properties in 48101 that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in 48101.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
48101 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 48101 is most at risk from severe storms. 10,872 properties in 48101 have some risk of being in a severe wind event within the next 30 years.