Home Values

48180 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

$70,100

  • 6.2% 1-year change
  • 3.2% 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this zip code relative to other zip codes in the same metropolitan area. A particular zip code may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Very Cold

Buyers' Market
Sellers' Market

The median home value in 48180 is $70,100. 48180 home values have gone up 6.2% over the past year and Zillow predicts they will rise 3.2% within the next year. The median list price per square foot in 48180 is None. The median rent price in 48180 is $850, which is the same as the Taylor median of $850.

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 48180 homeowners underwater on their mortgage is 38.7%, which is higher than Taylor at 35.2%.

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Relative ZHVI
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48180 Market Overview

Data through May 31, 2015
  • $70,100 ZHVI
  • 3.2% 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
  • $67,810 Median sale price (Apr 30, 2015)
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48180 Market Health

Data through May 31, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 38.7% 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
48128 $128,400
48183 $126,000
48193 $124,400
Name Median ZHVI
48124 $93,800
48101 $90,300
48195 $79,600
Name Median ZHVI
48125 $53,800
48146 $51,600
48141 $40,400

Listings & Sales

Data through Apr 30, 2015
  • No recent data Median list price / sq ft
  • $73 Median sale price / sq ft
  • No data Listings with price cut
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48180 Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $907 48180
    $908 Taylor
    $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

  • 0.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $850 Rent list price
  • $0.84 Rent list price / sq ft
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