The 48301 housing market is very competitive. The median sale price of a home in 48301 was $740K last month, up 13.1% since last year. The median sale price per square foot in 48301 is $299, up 13.9% since last year.
In March 2024, 48301 home prices were up 13.1% compared to last year, selling for a median price of $740K. On average, homes in 48301 sell after 23 days on the market compared to 45 days last year. There were 40 homes sold in March this year, down from 42 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$740,000
+13.1% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
48301, MI
$740,000
+13.1%
United States
To compare other locations to the 48301 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.
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How hot is the 48301 housing market?
48301 is very competitive. Homes sell in 14 days.
0
100
84
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 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 14 days.
Hot homes
can sell for about 4% above list price and go pending in around 7 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
10/10
Conant Elementary School
Public • PreK-5
429
Students
10 reviews
9/10
Birmingham Covington School
Public • 3-8 • Choice school
645
Students
11 reviews
8/10
Bloomfield Hills Middle School
Public • 5-8
733
Students
7 reviews
8/10
West Maple Elementary School
Public • K-5
530
Students
5 reviews
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 48301 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 48301.
Risk Factor
Flood Factor - Moderate
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
48301 has a moderate risk of flooding. 296 properties in 48301 are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in 48301. Flood risk is increasing slower than the national average.
2% of properties are at risk of wildfire over the next 30 years
Fire Factor
48301 has a minor risk of wildfire. There are 108 properties in 48301 that have some risk of being affected by wildfire over the next 30 years. This represents 2% of all properties in 48301.