The 48138 housing market is very competitive. The median sale price of a home in 48138 was $351K last month, up 9.9% since last year. The median sale price per square foot in 48138 is $159, down 2.8% since last year.
In March 2024, 48138 home prices were up 9.9% compared to last year, selling for a median price of $351K. On average, homes in 48138 sell after 19 days on the market compared to 83 days last year. There were 28 homes sold in March this year, up from 28 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$351,000
+9.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
48138, MI
$351,000
+9.9%
United States
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How hot is the 48138 housing market?
48138 is very competitive. Homes sell in 15.5 days.
0
100
74
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 16 days.
Hot homes
can sell for about 2% 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 48138 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 48138.
Risk Factor
Flood Factor - Minor
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
48138 has a minor risk of flooding. 285 properties in 48138 are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in 48138. Flood risk is increasing slower than the national average.
15% of properties are at risk of wildfire over the next 30 years
Fire Factor
48138 has a moderate risk of wildfire. There are 956 properties in 48138 that have some risk of being affected by wildfire over the next 30 years. This represents 15% of all properties in 48138.