48851 Housing Market

$236,239

3.9% 1-yr

The average 48851 home value is $236,239, up 3.9% 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

48851 Key Takeaways

Typical Home Values: $236,239

1-year Value Change: +3.9%

(Data through August 31, 2025)

48851 Housing Market Overview

2.6%1-year Market Forecast(August 31, 2025)

4For sale inventory(August 31, 2025)

3New listings(August 31, 2025)

--Median sale to list ratio

--Median sale price(July 31, 2025)

--Median list price(August 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
48873$261,764
48846$216,130
48875$281,659
48860$226,046
48894$325,154
48835$288,976
48845$198,820
48865$249,830
48822$317,223

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48851 Rental Market Trends

--Average rent in 48851

$2,007National average rent(August 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.