The 48202 housing market is not very competitive. The median sale price of a home in 48202 was $168K last month, down 36.3% since last year. The median sale price per square foot in 48202 is $218, up 86.8% since last year.
In March 2024, 48202 home prices were down 36.3% compared to last year, selling for a median price of $168K. On average, homes in 48202 sell after 112 days on the market compared to 33 days last year. There were 24 homes sold in March this year, up from 24 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$167,750
-36.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
48202, MI
$167,750
-36.3%
United States
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How hot is the 48202 housing market?
48202 is not very competitive. Homes sell in 77 days.
0
100
29
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 5% below list price and go pending in around 77 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 48202 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 48202.
Risk Factor
Flood Factor - Moderate
20% of properties are at risk of severe flooding over the next 30 years
Flood Factor
48202 has a moderate risk of flooding. 557 properties in 48202 are likely to be
severely affected
by flooding over the next 30 years. This represents 20% of all properties in 48202. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
48202 has a moderate risk of wildfire. There are 10 properties in 48202 that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in 48202.