The 48307 housing market is very competitive. The median sale price of a home in 48307 was $395K last month, up 19.7% since last year. The median sale price per square foot in 48307 is $222, up 8.3% since last year.
In October 2024, 48307 home prices were up 19.7% compared to last year, selling for a median price of $395K. On average, homes in 48307 sell after 19 days on the market compared to 13 days last year. There were 141 homes sold in October this year, up from 121 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$394,900
+19.7% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
48307, MI
$394,900
+19.7%
United States
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How hot is the 48307 housing market?
48307 is very competitive. Homes sell in 20.5 days.
0
100
82
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% below list price and go pending in around 21 days.
Hot homes
can sell for about 2% above list price and go pending in around 9 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 48307 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 48307.
Flood Factor - Minor
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
48307 has a minor risk of flooding. 651 properties in 48307 are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in 48307. Flood risk is increasing slower than the national average.
15% of properties are at risk of wildfire over the next 30 years
Fire Factor
48307 has a moderate risk of wildfire. There are 1,865 properties in 48307 that have some risk of being affected by wildfire over the next 30 years. This represents 15% of all properties in 48307.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
48307 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 48307 is most at risk from severe storms. 11,664 properties in 48307 have some risk of being in a severe wind event within the next 30 years.