48450, MI Housing Market

The 48450 housing market is not very competitive. The median sale price of a home in 48450 was $260K last month, up 6.1% since last year. The median sale price per square foot in 48450 is $207, up 27.4% since last year.

Trends
Demand
Schools
Climate

48450 Housing Market Trends

What is the housing market like in 48450 today?

$260K

Sale Price

+6.1%
since last year

$207

Sale $/Sq. Ft.

+27.4%
since last year

Under List Price

6.6%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the 48450 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.

How hot is the 48450 housing market?

48450 is not very competitive. Homes sell in 52 days.

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 7% below list price and go pending in around 52 days.
Hot homes
can sell for about 2% below list price and go pending in around 24 days.

Compare With Nearby Zip codes

48059

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 3% below list price and go pending in around 22 days.
Hot homes
can sell for about 1% above list price and go pending in around 12 days.

48006

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 3% below list price and go pending in around 27 days.
Hot homes
can sell for around list price and go pending in around 9 days.

See more nearby cities and neighborhoods

View houses in 48450 that sold recently

Recently sold homes

SOLD DEC 3, 2024
$281,000 Last Sold Price
2 beds
2 baths
900 sq ft
7990 Lakeview Dr, Lexington, MI 48450
(248) 218-2604
List Price
$289,900
Sale to List
3% under list
Days on Market
54 days
7990 Lakeview Dr, Lexington, MI 48450
SOLD DEC 3, 2024
$163,000 Last Sold Price
3 beds
1.5 baths
1,184 sq ft
7324 Mortimer Line Rd, Lexington, MI 48450
(586) 997-9900
List Price
$169,900
Sale to List
4% under list
Days on Market
160 days
7324 Mortimer Line Rd, Lexington, MI 48450
SOLD NOV 27, 2024
$29,000 Last Sold Price
—beds
—baths
—sq ft
O Birchwood Dr, Worth Twp, MI 48450
List Price
$29,500
Sale to List
2% under list
Days on Market
289 days
O Birchwood Dr, Worth Twp, MI 48450
SOLD NOV 26, 2024
$269,900 Last Sold Price
3 beds
2 baths
1,300 sq ft
5200 Babcock Rd, Lexington, MI 48450
(810) 359-5000
List Price
$269,900
Sale to List
0% over list
Days on Market
33 days
5200 Babcock Rd, Lexington, MI 48450
SOLD NOV 22, 2024
$25,000
—beds
—baths
—sq ft
Chippewa Dr, Lexington, MI 48450
List Price
—
Sale to List
—
Days on Market
—
Chippewa Dr, Lexington, MI 48450
SOLD NOV 22, 2024
$25,000
—beds
—baths
—sq ft
Chippewa Dr, Lexington, MI 48450
List Price
—
Sale to List
—
Days on Market
—
Chippewa Dr, Lexington, MI 48450
SOLD NOV 22, 2024
$450,000
—beds
—baths
—sq ft
7211 Simons St, Lexington, MI 48450
List Price
—
Sale to List
—
Days on Market
—
7211 Simons St, Lexington, MI 48450
SOLD NOV 21, 2024
$243,000
—beds
—baths
—sq ft
5749 Main St #29, Lexington, MI 48450
List Price
—
Sale to List
—
Days on Market
—
5749 Main St #29, Lexington, MI 48450
See all recently sold homes in 48450.
See listings

Schools in 48450

Learn about schools in the 48450 area

Elementary
Middle
High

GreatSchools Rating

9/10

Meyer Elementary School

Public • PreK-4

309

Students

6 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 48450 housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 48450.

Heat Factor - Minor

82% of properties are at minor risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for 48450

New Listings in 48450

City Housing Markets

County Housing Markets

Sanilac County Housing Market

Nearby Zip Code Housing Markets

City Listings

County Listings

Sanilac County Real Estate

Nearby Zip Code Listings

Rentals

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Why Redfin?

Community Impact

Diversity & Inclusion

Find us

Become a Lender Partner

Subsidiaries

Rent.

ApartmentGuide

Bay Equity Home Loans

Title Forward

Countries

United States

Canada

Updated January 2023: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.