The 48103 housing market is very competitive. The median sale price of a home in 48103 was $509K last month, up 13.1% since last year. The median sale price per square foot in 48103 is $276, up 7.0% since last year.
In March 2024, 48103 home prices were up 13.1% compared to last year, selling for a median price of $509K. On average, homes in 48103 sell after 36 days on the market compared to 48 days last year. There were 86 homes sold in March this year, down from 95 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$509,000
+13.1% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
48103, MI
$509,000
+13.1%
United States
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How hot is the 48103 housing market?
48103 is very competitive. Homes sell in 35 days.
0
100
77
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% above list price and go pending in around 35 days.
Hot homes
can sell for about 6% above list price and go pending in around 22 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
9/10
Bach Elementary School
Public • K-5
379
Students
7 reviews
9/10
Dicken Elementary School
Public • K-5
317
Students
31 reviews
9/10
Harvest Elementary School
Public • K-3
485
Students
5 reviews
8/10
Eberwhite School
Public • K-5
383
Students
11 reviews
8/10
Abbot School
Public • K-5
301
Students
7 reviews
Only showing 5 of
17 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 48103 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 48103.
Risk Factor
Flood Factor - Moderate
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
48103 has a moderate risk of flooding. 1,197 properties in 48103 are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in 48103. Flood risk is increasing slower than the national average.
29% of properties are at risk of wildfire over the next 30 years
Fire Factor
48103 has a moderate risk of wildfire. There are 5,619 properties in 48103 that have some risk of being affected by wildfire over the next 30 years. This represents 29% of all properties in 48103.