The 48197 housing market is very competitive. The median sale price of a home in 48197 was $330K last month, up 20.0% since last year. The median sale price per square foot in 48197 is $174, up 3.3% since last year.
In March 2024, 48197 home prices were up 20.0% compared to last year, selling for a median price of $330K. On average, homes in 48197 sell after 26 days on the market compared to 35 days last year. There were 95 homes sold in March this year, down from 107 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$330,000
+20.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
48197, MI
$330,000
+20.0%
United States
To compare other locations to the 48197 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Michigan add value to a home.
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How hot is the 48197 housing market?
48197 is very competitive. Homes sell in 20 days.
0
100
86
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 1% above list price and go pending in around 20 days.
Hot homes
can sell for about 6% above list price and go pending in around 7 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
6/10
Carpenter School
Public • K-5
435
Students
11 reviews
5/10
Pittsfield School
Public • K-5
275
Students
11 reviews
5/10
Rawsonville Elementary School
Public • K-4
366
Students
8 reviews
4/10
Lincoln Brick Elementary School
Public • K-5 • Choice school
494
Students
10 reviews
4/10
Erickson Elementary
Public • 1-6
328
Students
3 reviews
Only showing 5 of
14 elementary schools.
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 48197 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 48197.
Risk Factor
Flood Factor - Moderate
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
48197 has a moderate risk of flooding. 914 properties in 48197 are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in 48197. Flood risk is increasing slower than the national average.
31% of properties are at risk of wildfire over the next 30 years
Fire Factor
48197 has a moderate risk of wildfire. There are 5,489 properties in 48197 that have some risk of being affected by wildfire over the next 30 years. This represents 31% of all properties in 48197.