48531, MI Housing Market

Homes for sale

The median sale price of a home in 48531 was $14K over the last 3 months, down 83.5% since the same period last year. The median sale price per square foot in 48531 is $12, down 89.2% since last year.

Trends
Demand
Schools
Climate

48531 Housing Market Trends

What is the housing market like in 48531 today?

Over the three months ending March 2026, 48531 home prices were down 83.5% compared to the same period last year, selling for a median price of $14K.

$14K

Sale Price

-87.8%
since last year

$12

Sale $/Sq. Ft.

-89.2%
since last year

Over List Price

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the 48531 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.

Schools in 48531

Learn about schools in the 48531 area

Elementary
Middle
High

GreatSchools Rating

4/10 Colonel Donald Mcmonagle Elementary School Public • PreK-6	289 Students	2 reviews
NR Michael Hamady Elementary School Public • K-1	104 Students	N/A

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 48531 housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 48531.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Minor

99% of properties are at minor risk of heat over the next 30 years

Provided by First Street Foundation

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