The 48224 housing market is somewhat competitive. Homes in 48224 receive 1 offers on average and sell in around 50 days. The median sale price of a home in 48224 was $77K last month, up 9.3% since last year. The median sale price per square foot in 48224 is $72, up 9.1% since last year.
In March 2024, 48224 home prices were up 9.3% compared to last year, selling for a median price of $77K. On average, homes in 48224 sell after 50 days on the market compared to 57 days last year. There were 140 homes sold in March this year, up from 133 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$76,500
+9.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
48224, MI
$76,500
+9.3%
United States
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How hot is the 48224 housing market?
48224 is somewhat competitive. Homes sell in 50 days.
0
100
42
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 about 6% below list price and go pending in around 50 days.
Hot homes
can sell for around list price and go pending in around 21 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 48224 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 48224.
Risk Factor
Flood Factor - Minor
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
48224 has a minor risk of flooding. 556 properties in 48224 are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in 48224. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
48224 has a minor risk of wildfire. There are 2 properties in 48224 that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in 48224.