The 48851 housing market is very competitive. The median sale price of a home in 48851 was $110K last month, down 66.5% since last year. The median sale price per square foot in 48851 is $104, down 45.8% since last year.
In October 2024, 48851 home prices were down 66.5% compared to last year, selling for a median price of $110K. On average, homes in 48851 sell after 22 days on the market compared to 9 days last year. There were 7 homes sold in October this year, up from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$110,000
-66.5% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
48851, MI
$110,000
-66.5%
United States
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How hot is the 48851 housing market?
48851 is very competitive. Homes sell in 14 days.
0
100
73
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 1% above list price and go pending in around 14 days.
Hot homes
can sell for about 8% above list price and go pending in around 6 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 48851 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 48851.
Flood Factor - Extreme
18% of properties are at risk of severe flooding over the next 30 years
Flood Factor
48851 has an extreme risk of flooding. 226 properties in 48851 are likely to be
severely affected
by flooding over the next 30 years. This represents 18% of all properties in 48851. Flood risk is increasing slower than the national average.
5% of properties are at risk of wildfire over the next 30 years
Fire Factor
48851 has a moderate risk of wildfire. There are 77 properties in 48851 that have some risk of being affected by wildfire over the next 30 years. This represents 5% of all properties in 48851.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
48851 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 48851 is most at risk from tornadoes. 1,488 properties in 48851 have some risk of being in a severe wind event within the next 30 years.