The 48229 housing market is somewhat competitive. The median sale price of a home in 48229 was $62K last month, down 17.3% since last year. The median sale price per square foot in 48229 is $57, up 5.6% since last year.
In March 2024, 48229 home prices were down 17.3% compared to last year, selling for a median price of $62K. On average, homes in 48229 sell after 54 days on the market compared to 86 days last year. There were 25 homes sold in March this year, up from 25 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$62,000
-17.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
48229, MI
$62,000
-17.3%
United States
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How hot is the 48229 housing market?
48229 is somewhat competitive. Homes sell in 62 days.
0
100
33
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 2% below list price and go pending in around 62 days.
Hot homes
can sell for about 4% above list price and go pending in around 17 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.
Risk Factor
Flood Factor - Moderate
55% of properties are at risk of severe flooding over the next 30 years
Flood Factor
48229 has a moderate risk of flooding. 1,114 properties in 48229 are likely to be
severely affected
by flooding over the next 30 years. This represents 55% of all properties in 48229. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
48229 has a minor risk of wildfire. There are 4 properties in 48229 that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in 48229.