48124 Housing Market

$225,654

5.6% 1-yr

The average 48124 home value is $225,654, up 5.6% over the past year.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

48124 Key Takeaways

Typical Home Values: $225,654

1-year Value Change: +5.6%

(Data through December 31, 2025)

48124 Housing Market Overview

2.2%1-year Market Forecast(December 31, 2025)

99For sale inventory(December 31, 2025)

38New listings(December 31, 2025)

1.000Median sale to list ratio(November 30, 2025)

$242,417Median sale price(November 30, 2025)

$251,616Median list price(December 31, 2025)

42.6%Percent of sales over list price(November 30, 2025)

43.2%Percent of sales under list price(November 30, 2025)

--Median days to pending

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Zip Codes

NameMedian ZHVI
48125$157,489
48128$289,577
48127$251,142
48101$200,991
48102--
48141$106,053
48126$225,317
48122$135,567
48120$245,152

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48124 Rental Market Trends

--Average rent in 48124

$1,901National average rent(December 31, 2025)

--Month-over-month change

--Year-over-year change

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.