48208 Housing Market

$141,370

11.0% 1-yr

The average 48208 home value is $141,370, down 11.0% 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: $141,370

1-year Value Change: -11.0%

(Data through June 30, 2025)

48208 Housing Market Overview

3.3%1-year Market Forecast(June 30, 2025)

37For sale inventory(June 30, 2025)

--New listings(June 30, 2025)

--Median sale to list ratio

--Median sale price(May 31, 2025)

$264,133Median list price(June 30, 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$436,348
48216$208,536
48202$191,720
48206$92,769
48210$68,904
48226$322,904
48204$54,435
48243--
48211$59,870

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48208 Rental Market Trends

$1,736Average rent in 48208(June 30, 2025)

$2,069National average rent(June 30, 2025)

2.6%Month-over-month change(June 30, 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.