The 48503 housing market is somewhat competitive. The median sale price of a home in 48503 was $94K last month, up 39.3% since last year. The median sale price per square foot in 48503 is $53, down 17.2% since last year.
In October 2024, 48503 home prices were up 39.3% compared to last year, selling for a median price of $94K. On average, homes in 48503 sell after 45 days on the market compared to 36 days last year. There were 64 homes sold in October this year, down from 66 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$94,000
+39.3% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
48503, MI
$94,000
+39.3%
United States
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How hot is the 48503 housing market?
48503 is somewhat competitive. Homes sell in 31.5 days.
0
100
61
Somewhat 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
Some homes get multiple offers.
The average homes sell for about 5% below list price and go pending in around 32 days.
Hot homes
can sell for about 2% above list price and go pending in around 11 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 48503 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 48503.
Flood Factor - Moderate
15% of properties are at risk of severe flooding over the next 30 years
Flood Factor
48503 has a moderate risk of flooding. 19 properties in 48503 are likely to be
severely affected
by flooding over the next 30 years. This represents 15% of all properties in 48503. Flood risk is increasing faster than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
48503 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 48503 is most at risk from severe storms. 349 properties in 48503 have some risk of being in a severe wind event within the next 30 years.