The 48138 housing market is somewhat competitive. The median sale price of a home in 48138 was $345K last month, down 4.8% since last year. The median sale price per square foot in 48138 is $196, up 14.6% since last year.
In October 2024, 48138 home prices were down 4.8% compared to last year, selling for a median price of $345K. On average, homes in 48138 sell after 20 days on the market compared to 20 days last year. There were 46 homes sold in October this year, up from 36 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$345,000
-4.8% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
48138, MI
$345,000
-4.8%
United States
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How hot is the 48138 housing market?
48138 is somewhat competitive. Homes sell in 28 days.
0
100
40
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 about 2% below list price and go pending in around 28 days.
Hot homes
can sell for around list price and go pending in around 11 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.
Flood Factor - Minor
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
48138 has a minor risk of flooding. 276 properties in 48138 are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in 48138. Flood risk is increasing slower than the national average.
14% of properties are at risk of wildfire over the next 30 years
Fire Factor
48138 has a moderate risk of wildfire. There are 892 properties in 48138 that have some risk of being affected by wildfire over the next 30 years. This represents 14% of all properties in 48138.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
48138 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 48138 is most at risk from severe storms. 6,154 properties in 48138 have some risk of being in a severe wind event within the next 30 years.