The 48831 housing market is very competitive. The median sale price of a home in 48831 was $166K last month, up 6.0% since last year. The median sale price per square foot in 48831 is $143, up 54.3% since last year.
In March 2024, 48831 home prices were up 6.0% compared to last year, selling for a median price of $166K. On average, homes in 48831 sell after 40 days on the market compared to 20 days last year. There were 9 homes sold in March this year, up from 8 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$166,400
+6.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
48831, MI
$166,400
+6.0%
United States
To compare other locations to the 48831 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 much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the 48831 housing market?
48831 is very competitive. Homes sell in 24.5 days.
0
100
85
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 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 3% above list price and go pending in around 25 days.
Hot homes
can sell for about 4% above list price and go pending in around 7 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
7/10
E.E. Knight Elementary School
Public • 3-5
314
Students
1 reviews
5/10
Ashley Elementary School
Public • PreK-4
91
Students
2 reviews
4/10
Ashley Middle School
Public • 5-8
79
Students
1 reviews
NR
Eureka School
Public • PreK-5 • Choice school
135
Students
N/A
NR
Great Lakes Online School
Public • K-12
13
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 48831 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 48831.
Risk Factor
Flood Factor - Minor
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
48831 has a minor risk of flooding. 162 properties in 48831 are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in 48831. Flood risk is increasing slower than the national average.
9% of properties are at risk of wildfire over the next 30 years
Fire Factor
48831 has a minor risk of wildfire. There are 209 properties in 48831 that have some risk of being affected by wildfire over the next 30 years. This represents 9% of all properties in 48831.