The 48114 housing market is very competitive. The median sale price of a home in 48114 was $383K last month, down 21.7% since last year. The median sale price per square foot in 48114 is $203, down 9.38% since last year.
In March 2024, 48114 home prices were down 21.7% compared to last year, selling for a median price of $383K. On average, homes in 48114 sell after 21 days on the market compared to 22 days last year. There were 36 homes sold in March this year, down from 38 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$382,500
-21.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
48114, MI
$382,500
-21.7%
United States
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How hot is the 48114 housing market?
48114 is very competitive. Homes sell in 20 days.
0
100
76
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 20 days.
Hot homes
can sell for about 3% above list price and go pending in around 4 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
10/10
Spencer Road Elementary School
Public • K-4
495
Students
7 reviews
9/10
Hartland Farms Intermediate School
Public • 4-6
785
Students
9 reviews
8/10
Hornung Elementary School
Public • K-4
545
Students
5 reviews
8/10
Hilton Road Elementary School
Public • K-4
487
Students
8 reviews
7/10
Maltby Intermediate School
Public • 5-6
880
Students
2 reviews
Only showing 5 of
6 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 48114 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 48114.
Risk Factor
Flood Factor - Minor
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
48114 has a minor risk of flooding. 584 properties in 48114 are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in 48114. Flood risk is increasing slower than the national average.
58% of properties are at risk of wildfire over the next 30 years
Fire Factor
48114 has a moderate risk of wildfire. There are 5,094 properties in 48114 that have some risk of being affected by wildfire over the next 30 years. This represents 58% of all properties in 48114.