Home Values

48183 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

$130,400

  • 2.0% 1-year change
  • 1.8% 1-year forecast

The median home value in 48183 is $130,400. 48183 home values have gone up 2.0% over the past year and Zillow predicts they will rise 1.8% within the next year. The median list price per square foot in 48183 is None. The median rent price in 48183 is $1,100, which is lower than the Woodhaven median of $1,150.

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 48183 homeowners underwater on their mortgage is 20.9%.

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Relative ZHVI
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48183 Market Overview

Data through Apr 30, 2015
  • $130,400 ZHVI
  • 1.8% 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
    (Apr 30, 2016)
  • No data Median listing price
  • $122,115 Median sale price
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48183 Market Health

Data through Apr 30, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 20.9% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)
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Nearby Zip Codes

Name Median ZHVI
48138 $226,200
48134 $149,700
48179 $138,000
Name Median ZHVI
48173 $129,900
48193 $124,400
48195 $79,600
Name Median ZHVI
48192 $78,400
48180 $61,500
48146 $51,600

Listings & Sales

Data through Apr 30, 2015
  • No recent data Median list price / sq ft
  • $93 Median sale price / sq ft
  • No data Listings with price cut
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48183 Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,174 48183
    $1,189 Woodhaven
    $1,364 United States

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

  • 1.9 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,100 Rent list price
  • $0.87 Rent list price / sq ft
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