48306 Housing Market

$561,547

4.6% 1-yr

The average 48306 home value is $561,547, up 4.6% 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

48306 Key Takeaways

Typical Home Values: $561,547

1-year Value Change: +4.6%

(Data through March 31, 2025)

48306 Housing Market Overview

--1-year Market Forecast

48For sale inventory(March 31, 2025)

16New listings(March 31, 2025)

--Median sale to list ratio

--Median sale price(February 28, 2025)

$807,000Median list price(March 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
48363$649,911
48307$396,267
48309$454,735
48316$402,164
48094$449,153
48326$271,589
48360$400,742
48359$387,531
48095$499,672

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48306 Homes for Sale

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48306 Rental Market Trends

$1,750Average rent in 48306(March 31, 2025)

$2,005National average rent(March 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.