The 48334 housing market is very competitive. The median sale price of a home in 48334 was $267K last month, down 10.7% since last year. The median sale price per square foot in 48334 is $162, up 11.7% since last year.
In March 2024, 48334 home prices were down 10.7% compared to last year, selling for a median price of $267K. On average, homes in 48334 sell after 11 days on the market compared to 36 days last year. There were 34 homes sold in March this year, down from 48 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$266,500
-10.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
48334, MI
$266,500
-10.7%
United States
To compare other locations to the 48334 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 48334 housing market?
48334 is very competitive. Homes sell in 13 days.
0
100
78
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 13 days.
Hot homes
can sell for about 5% above list price and go pending in around 6 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
9/10
Farmington Steam Academy
Public • K-8
699
Students
N/A
8/10
Kenbrook Elementary School
Public • K-5
400
Students
8 reviews
7/10
Hillside Elementary School
Public • K-5
612
Students
18 reviews
7/10
Beechview Elementary School
Public • K-5
292
Students
6 reviews
5/10
Wood Creek Elementary School
Public • K-5
389
Students
30 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 48334 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 48334.
Risk Factor
Flood Factor - Minor
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
48334 has a minor risk of flooding. 308 properties in 48334 are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in 48334. Flood risk is increasing slower than the national average.
4% of properties are at risk of wildfire over the next 30 years
Fire Factor
48334 has a minor risk of wildfire. There are 226 properties in 48334 that have some risk of being affected by wildfire over the next 30 years. This represents 4% of all properties in 48334.