Home Values in Michigan and 48197
|Zillow Home Value Index||$117,600||vs||$171,900|
|Median List Price||$127,000||vs||$168,500|
|Median Sale Price||$139,000||vs||$170,600|
Michigan tends to be less expensive for home buyers than 48197. During the last year, Michigan home values have risen by 0.3%, while 48197 home values have risen by 8.5%. The median sale price in Michigan is $139,000, but the median listing price was $127,000, a 9.4% increase. Meanwhile in 48197, the median selling price is $170,600, and the starting price had a median of $168,500, a 1.2% increase.