The 48131 housing market is somewhat competitive. The median sale price of a home in 48131 was $189K last month, down 34.0% since last year. The median sale price per square foot in 48131 is $134, down 31.3% since last year.
In March 2024, 48131 home prices were down 34.0% compared to last year, selling for a median price of $189K. On average, homes in 48131 sell after 48 days on the market compared to 71 days last year. There were 17 homes sold in March this year, down from 22 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$189,000
-34.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
48131, MI
$189,000
-34.0%
United States
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How hot is the 48131 housing market?
48131 is somewhat competitive. Homes sell in 23 days.
0
100
64
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 6 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 23 days.
Hot homes
can sell for around 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 48131 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 48131.
Risk Factor
Flood Factor - Moderate
19% of properties are at risk of severe flooding over the next 30 years
Flood Factor
48131 has a moderate risk of flooding. 338 properties in 48131 are likely to be
severely affected
by flooding over the next 30 years. This represents 19% of all properties in 48131. Flood risk is increasing slower than the national average.
25% of properties are at risk of wildfire over the next 30 years
Fire Factor
48131 has a moderate risk of wildfire. There are 942 properties in 48131 that have some risk of being affected by wildfire over the next 30 years. This represents 25% of all properties in 48131.