48035 Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$102,000

  • 10.6% 1-year change
  • 4.9% 1-year forecast

The median home value in 48035 is $102,000. 48035 home values have gone up 10.6% over the past year and Zillow predicts they will rise 4.9% within the next year. The median rent price in 48035 is $950, which is lower than the Clinton Township median of $1,050.

With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 48035 homeowners underwater on their mortgage is 31.8%, which is higher than Clinton Township at 17.3%.

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Relative ZHVI
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48035 Market Overview

Data through Jul 31, 2015
  • $102,000 ZHVI
  • 4.9% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jul 31, 2016)
  • No data Median listing price
  • $124,885 Median sale price
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48035 Market Health

Data through Jul 31, 2015
  • 5.5/10 Stable
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 31.8% Homes with negative equity (15.4% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.0% US Avg)
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Nearby Zip Codes

Name Median ZHVI
48038 $161,800
48036 $142,000
48088 $114,000
Name Median ZHVI
48026 $110,800
48081 $107,200
48082 $98,800
Name Median ZHVI
48080 $89,100
48043 $72,100
48066 $58,700

Listings & Sales

Data through Jul 31, 2015
  • No recent data Median list price / sq ft
  • $90 Median sale price / sq ft
  • No data Listings with price cut
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48035 Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $1,136 48035
    $1,249 Clinton Township
    $1,376 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • $950 Rent list price
  • No data Rent list price / sq ft
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