48208 Housing Market

$140,887

11.4% 1-yr

The average 48208 home value is $140,887, down 11.4% 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

48208 Key Takeaways

Typical Home Values: $140,887

1-year Value Change: -11.4%

(Data through July 31, 2025)

48208 Housing Market Overview

1.4%1-year Market Forecast(July 31, 2025)

38For sale inventory(July 31, 2025)

6New listings(July 31, 2025)

--Median sale to list ratio

--Median sale price(June 30, 2025)

$256,450Median list price(July 31, 2025)

--Percent of sales over list price

--Percent of sales under list price

--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
48201$429,146
48216$215,477
48202$196,310
48206$92,757
48210$71,395
48226$318,903
48204$55,704
48243--
48211$65,159

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48208 Rental Market Trends

$1,520Average rent in 48208(July 31, 2025)

$2,072National average rent(July 31, 2025)

0.6%Month-over-month change(July 31, 2025)

--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.