The 48850 housing market is very competitive. The median sale price of a home in 48850 was $175K last month, down 15.7% since last year. The median sale price per square foot in 48850 is $112, up 24.4% since last year.
In March 2024, 48850 home prices were down 15.7% compared to last year, selling for a median price of $175K. On average, homes in 48850 sell after 30 days on the market compared to 108 days last year. There were 11 homes sold in March this year, up from 10 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$175,000
-15.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
48850, MI
$175,000
-15.7%
United States
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How hot is the 48850 housing market?
48850 is very competitive. Homes sell in 23 days.
0
100
72
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 4% below list price and go pending in around 23 days.
Hot homes
can sell for around 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 48850 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 48850.
Risk Factor
Flood Factor - Minor
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
48850 has a minor risk of flooding. 237 properties in 48850 are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in 48850. Flood risk is increasing slower than the national average.
36% of properties are at risk of wildfire over the next 30 years
Fire Factor
48850 has a moderate risk of wildfire. There are 1,428 properties in 48850 that have some risk of being affected by wildfire over the next 30 years. This represents 36% of all properties in 48850.