The 48140 housing market is very competitive. The median sale price of a home in 48140 was $337K last month, up 22.4% since last year. The median sale price per square foot in 48140 is $135, down 2.5% since last year.
In October 2024, 48140 home prices were up 22.4% compared to last year, selling for a median price of $337K. On average, homes in 48140 sell after 63 days on the market compared to 10 days last year. There were 6 homes sold in October this year, down from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$336,650
+22.4% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
48140, MI
$336,650
+22.4%
United States
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How hot is the 48140 housing market?
48140 is very competitive. Homes sell in 36 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 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 36 days.
Hot homes
can sell for around list price and go pending in around 4 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 48140 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 48140.
Flood Factor - Minor
25% of properties are at risk of severe flooding over the next 30 years
Flood Factor
48140 has a minor risk of flooding. 180 properties in 48140 are likely to be
severely affected
by flooding over the next 30 years. This represents 25% of all properties in 48140. Flood risk is increasing slower than the national average.
23% of properties are at risk of wildfire over the next 30 years
Fire Factor
48140 has a moderate risk of wildfire. There are 373 properties in 48140 that have some risk of being affected by wildfire over the next 30 years. This represents 23% of all properties in 48140.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
48140 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 48140 is most at risk from hurricanes. 1,565 properties in 48140 have some risk of being in a severe wind event within the next 30 years.