The 48201 housing market is not very competitive. The median sale price of a home in 48201 was $330K last month, down 23.8% since last year. The median sale price per square foot in 48201 is $301, down 25.0% since last year.
In March 2024, 48201 home prices were down 23.8% compared to last year, selling for a median price of $330K. On average, homes in 48201 sell after 158 days on the market compared to 101 days last year. There were 13 homes sold in March this year, up from 10 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$330,000
-23.8% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
48201, MI
$330,000
-23.8%
United States
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How hot is the 48201 housing market?
48201 is not very competitive. Homes sell in 86 days.
0
100
20
Not 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 6 months
Multiple offers are rare.
The average homes sell for about 4% below list price and go pending in around 86 days.
Hot homes
can sell for around list price and go pending in around 34 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 48201 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 48201.
Risk Factor
Flood Factor - Moderate
28% of properties are at risk of severe flooding over the next 30 years
Flood Factor
48201 has a moderate risk of flooding. 369 properties in 48201 are likely to be
severely affected
by flooding over the next 30 years. This represents 28% of all properties in 48201. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
48201 has a minor risk of wildfire. There are 27 properties in 48201 that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in 48201.