48607 Housing Market

$32,414

17.0% 1-yr

The average 48607 home value is $32,414, down 17.0% 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

48607 Key Takeaways

Typical Home Values: $32,414

1-year Value Change: -17.0%

(Data through June 30, 2025)

48607 Housing Market Overview

1.3%1-year Market Forecast(June 30, 2025)

--For sale inventory(June 30, 2025)

--New listings(June 30, 2025)

--Median sale to list ratio

--Median sale price(May 31, 2025)

--Median list price(June 30, 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
48724--
48602$85,204
48601$55,381
48638$202,861
48604$140,925
48603$229,937
48722$176,817
48609$218,115
48708$132,680

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48607 Rental Market Trends

--Average rent in 48607

$2,069National average rent(June 30, 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.