48216 Housing Market

$215,477

9.4% 1-yr

The average 48216 home value is $215,477, up 9.4% 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

48216 Key Takeaways

Typical Home Values: $215,477

1-year Value Change: +9.4%

(Data through July 31, 2025)

48216 Housing Market Overview

0.0%1-year Market Forecast(July 31, 2025)

21For sale inventory(July 31, 2025)

7New listings(July 31, 2025)

--Median sale to list ratio

--Median sale price(June 30, 2025)

$308,983Median 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
48226$318,903
48208$140,887
48201$429,146
48243--
48209$91,482
48210$71,395
48202$196,310

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48216 Rental Market Trends

$1,904Average rent in 48216(July 31, 2025)

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

2.0%Month-over-month change(July 31, 2025)

3.9%Year-over-year change(July 31, 2025)

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.