The 48418 housing market is very competitive. The median sale price of a home in 48418 was $293K last month, up 16.1% since last year. The median sale price per square foot in 48418 is $302, up 25.1% since last year.
In March 2024, 48418 home prices were up 16.1% compared to last year, selling for a median price of $293K. On average, homes in 48418 sell after 33 days on the market compared to 19 days last year. There were 6 homes sold in March this year, down from 9 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$292,500
+16.1% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
48418, MI
$292,500
+16.1%
United States
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How hot is the 48418 housing market?
48418 is very competitive. Homes sell in 12 days.
0
100
86
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 9 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 12 days.
Hot homes
can sell for about 3% above list price and go pending in around 7 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 48418 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 48418.
Risk Factor
Flood Factor - Moderate
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
48418 has a moderate risk of flooding. 190 properties in 48418 are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in 48418. Flood risk is increasing slower than the national average.
35% of properties are at risk of wildfire over the next 30 years
Fire Factor
48418 has a moderate risk of wildfire. There are 802 properties in 48418 that have some risk of being affected by wildfire over the next 30 years. This represents 35% of all properties in 48418.