The 48229 housing market is somewhat competitive. The median sale price of a home in 48229 was $84K last month, down 6.6% since last year. The median sale price per square foot in 48229 is $86, down 9.95% since last year.
In May 2025, 48229 home prices were down 6.6% compared to last year, selling for a median price of $84K. On average, homes in 48229 sell after 52 days on the market compared to 41 days last year. There were 24 homes sold in May this year, down from 35 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$84,008
-6.6% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
48229, MI
$84,008
-6.6%
United States
To compare other locations to the 48229 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Michigan add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in 48229
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
How hot is the 48229 housing market?
48229 is somewhat competitive. Homes sell in 47.5 days.
0
100
57
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 6 months
Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 48 days.
Hot homes
can sell for about 3% above list price and go pending in around 10 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 48229 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 48229.
Flood Factor - Moderate
47% of properties are at risk of severe flooding over the next 30 years
Flood Factor
48229 has a moderate risk of flooding. 1,062 properties in 48229 are likely to be
severely affected
by flooding over the next 30 years. This represents 47% of all properties in 48229. Flood risk is increasing faster than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
48229 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 48229 is most at risk from severe storms. 5,041 properties in 48229 have some risk of being in a severe wind event within the next 30 years.