The 48162 housing market is very competitive. The median sale price of a home in 48162 was $220K last month, up 10.0% since last year. The median sale price per square foot in 48162 is $166, up 14.8% since last year.
In October 2024, 48162 home prices were up 10.0% compared to last year, selling for a median price of $220K. On average, homes in 48162 sell after 23 days on the market compared to 18 days last year. There were 105 homes sold in October this year, down from 115 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$220,000
+10.0% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
48162, MI
$220,000
+10.0%
United States
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How hot is the 48162 housing market?
48162 is very competitive. Homes sell in 28 days.
0
100
77
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 about 2% below list price and go pending in around 28 days.
Hot homes
can sell for about 2% above list price and go pending in around 10 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 48162 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 48162.
Flood Factor - Moderate
29% of properties are at risk of severe flooding over the next 30 years
Flood Factor
48162 has a moderate risk of flooding. 1,769 properties in 48162 are likely to be
severely affected
by flooding over the next 30 years. This represents 29% of all properties in 48162. Flood risk is increasing slower than the national average.
3% of properties are at risk of wildfire over the next 30 years
Fire Factor
48162 has a moderate risk of wildfire. There are 385 properties in 48162 that have some risk of being affected by wildfire over the next 30 years. This represents 3% of all properties in 48162.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
48162 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 48162 is most at risk from hurricanes. 11,639 properties in 48162 have some risk of being in a severe wind event within the next 30 years.