The 48197 housing market is somewhat competitive. The median sale price of a home in 48197 was $320K last month, down 1.5% since last year. The median sale price per square foot in 48197 is $203, up 10.9% since last year.
In February 2025, 48197 home prices were down 1.5% compared to last year, selling for a median price of $320K. On average, homes in 48197 sell after 41 days on the market compared to 29 days last year. There were 88 homes sold in February this year, up from 87 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$320,000
-1.5% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
48197, MI
$320,000
-1.5%
United States
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How hot is the 48197 housing market?
48197 is somewhat competitive. Homes sell in 42.5 days.
0
100
67
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 around list price and go pending in around 43 days.
Hot homes
can sell for about 1% above list price and go pending in around 27 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 48197 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 48197.
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. 919 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.
44% of properties are at risk of wildfire over the next 30 years
Fire Factor
48197 has a moderate risk of wildfire. There are 7,746 properties in 48197 that have some risk of being affected by wildfire over the next 30 years. This represents 44% of all properties in 48197.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
48197 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 48197 is most at risk from tornadoes. 17,560 properties in 48197 have some risk of being in a severe wind event within the next 30 years.