Home Values in Michigan and 48197
|Zillow Home Value Index||$117,400||vs||$172,900|
|Median List Price||$129,500||vs||$167,900|
|Median Sale Price||$137,600||vs||$170,300|
Michigan tends to be less expensive for home buyers than 48197. During the last year, Michigan home values have fallen by 0.6%, while 48197 home values have risen by 8.3%. The median sale price in Michigan is $137,600, but the median listing price was $129,500, a 6.3% increase. Meanwhile in 48197, the median selling price is $170,300, and the starting price had a median of $167,900, a 1.4% increase.