Home Values

48312 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

$154,400

  • 2.0% 1-year change
  • 2.6% 1-year forecast

The median home value in 48312 is $154,400. 48312 home values have gone up 2.0% over the past year and Zillow predicts they will rise 2.6% within the next year. The median list price per square foot in 48312 is None.

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 48312 homeowners underwater on their mortgage is 16.3%, which is higher than Sterling Heights at 10.6%.

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Relative ZHVI
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48312 Market Overview

Data through May 31, 2015
  • $154,400 ZHVI
  • 2.6% 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
    (May 31, 2016)
  • No data Median listing price
  • $160,750 Median sale price
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48312 Market Health

Data through May 31, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 16.3% 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
48314 $196,700
48038 $161,800
48310 $160,800
Name Median ZHVI
48313 $150,100
48088 $114,000
48092 $111,800
Name Median ZHVI
48026 $110,800
48093 $101,200
48015 $60,300

Listings & Sales

Data through May 31, 2015
  • No recent data Median list price / sq ft
  • $105 Median sale price / sq ft
  • No data Listings with price cut
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48312 Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,410 48312
    $1,440 Sterling Heights
    $1,367 United States

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

  • 1.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No data Rent list price
  • $0.93 Rent list price / sq ft
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