48080 Zip Code Real Estate Market Extends Weakness in New Listings

With a determined downward trend of new sellers listing homes, including 60 over the last 30 days, and sales that remained flat at 56 in that same time frame, the 48080 zip code market will be cooling. Prices are rising in the 48080 zip code, and the median sales price this period increased from $121,000 to $125,500. With only two months of inventory to sell, the 48080 zip code is a definite seller's market, in spite of the flat sales.

Being aware of new listings is a great exercise in finding the right home so take a look at these in the 48080 zip code:

$149K   $119K   $143K  

Get started right now by checking out 48080 homes for sale or reviewing 48080 real estate trends.

Demographic facts for the 48080 zip code:

  • This area has a median house value of $67,500.
  • The area gets 121 rainy days a year. (U.S. average: 100)
  • The unemployment rate is 10.0%.
  • For every teacher there are 17.5 students in this area. (15.3 = national average)

Data reported through 10/19/2016

Comments:

Ask a local expert about this area:
Keller Williams Realty Lakeside
Snapped 1 home in this area
Keller Williams Royal Oak
Snapped 1 home in this area
C 21 Town & Country Of Grosse Pointe
Snapped 1 home in this area

Agents that specialize in this area
2 snaps in this area
2 snaps in this area
1 snap in this area
8 snaps in this area
1 snap in this area
©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.