The 48340 housing market is very competitive. The median sale price of a home in 48340 was $125K last month, down 6.7% since last year. The median sale price per square foot in 48340 is $134, up 8.1% since last year.
In March 2024, 48340 home prices were down 6.7% compared to last year, selling for a median price of $125K. On average, homes in 48340 sell after 38 days on the market compared to 29 days last year. There were 39 homes sold in March this year, down from 52 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$125,000
-6.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
48340, MI
$125,000
-6.7%
United States
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How hot is the 48340 housing market?
48340 is very competitive. Homes sell in 25 days.
0
100
75
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 2% below list price and go pending in around 25 days.
Hot homes
can sell for about 4% 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 48340 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 48340.
Risk Factor
Flood Factor - Minor
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
48340 has a minor risk of flooding. 314 properties in 48340 are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in 48340. Flood risk is increasing slower than the national average.
3% of properties are at risk of wildfire over the next 30 years
Fire Factor
48340 has a minor risk of wildfire. There are 242 properties in 48340 that have some risk of being affected by wildfire over the next 30 years. This represents 3% of all properties in 48340.