The 48198 housing market is very competitive. The median sale price of a home in 48198 was $200K last month, up 5.2% since last year. The median sale price per square foot in 48198 is $208, up 26.8% since last year.
In March 2024, 48198 home prices were up 5.2% compared to last year, selling for a median price of $200K. On average, homes in 48198 sell after 30 days on the market compared to 40 days last year. There were 77 homes sold in March this year, down from 103 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$199,900
+5.2% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
48198, MI
$199,900
+5.2%
United States
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How hot is the 48198 housing market?
48198 is very competitive. Homes sell in 27.5 days.
0
100
76
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 around list price and go pending in around 28 days.
Hot homes
can sell for about 3% 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
5/10
Rawsonville Elementary School
Public • K-4
366
Students
8 reviews
4/10
Erickson Elementary
Public • 1-6
328
Students
3 reviews
3/10
Ypsilanti International Elementary School
Public • PreK-5
341
Students
3 reviews
3/10
Estabrook School
Public • 1-8
262
Students
2 reviews
3/10
Holmes Elementary Learning Center
Public • K-6
257
Students
3 reviews
Only showing 5 of
8 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 48198 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 48198.
Risk Factor
Flood Factor - Moderate
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
48198 has a moderate risk of flooding. 759 properties in 48198 are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in 48198. Flood risk is increasing slower than the national average.
22% of properties are at risk of wildfire over the next 30 years
Fire Factor
48198 has a moderate risk of wildfire. There are 2,993 properties in 48198 that have some risk of being affected by wildfire over the next 30 years. This represents 22% of all properties in 48198.