The 48187 housing market is most competitive. The median sale price of a home in 48187 was $350K last month, up 9.7% since last year. The median sale price per square foot in 48187 is $206, up 3.5% since last year.
In March 2024, 48187 home prices were up 9.7% compared to last year, selling for a median price of $350K. On average, homes in 48187 sell after 12 days on the market compared to 12 days last year. There were 79 homes sold in March this year, down from 91 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$350,000
+9.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
48187, MI
$350,000
+9.7%
United States
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How hot is the 48187 housing market?
48187 is most competitive. Homes sell in 10 days.
0
100
91
Most 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
Most homes get multiple offers, often with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 10 days.
Hot homes
can sell for about 5% above 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 48187 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 48187.
Risk Factor
Flood Factor - Minor
22% of properties are at risk of severe flooding over the next 30 years
Flood Factor
48187 has a minor risk of flooding. 1,218 properties in 48187 are likely to be
severely affected
by flooding over the next 30 years. This represents 22% of all properties in 48187. Flood risk is increasing at the same pace as the national average.
5% of properties are at risk of wildfire over the next 30 years
Fire Factor
48187 has a moderate risk of wildfire. There are 959 properties in 48187 that have some risk of being affected by wildfire over the next 30 years. This represents 5% of all properties in 48187.