48054 Housing Market

$333,923

2.6% 1-yr

The average 48054 home value is $333,923, up 2.6% over the past year.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

48054 Key Takeaways

Typical Home Values: $333,923

1-year Value Change: +2.6%

(Data through May 31, 2025)

48054 Housing Market Overview

0.8%1-year Market Forecast(May 31, 2025)

23For sale inventory(May 31, 2025)

8New listings(May 31, 2025)

--Median sale to list ratio

--Median sale price(April 30, 2025)

$449,800Median list price(May 31, 2025)

--Percent of sales over list price

--Percent of sales under list price

--Median days to pending

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Zip Codes

NameMedian ZHVI
48039$216,455
48079$308,172
48064$380,873
48023$282,435
48063$352,038
48040$227,420
48001$256,285
48074$233,153
48048$297,060

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48054 Rental Market Trends

--Average rent in 48054

$2,049National average rent(May 31, 2025)

--Month-over-month change

--Year-over-year change

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.