48313 Home Values & Market Trends

There are 31 homes currently listed for 48313. 48313 real estate market trends show that home prices range from $1,800 to $459,900, and the median sales price in the 48313 zip code is $280,802.11. The total number of properties sold within the past twelve months is 416. In 48313, 10 properties are in foreclosure, 1 are bank owned properties,and 9 are headed for auction.

Housing Market Summary for 48313

Apr 2023March 2024Change
Median Listing Price$268.8K$263K-2.13%
Median Sold Price$275.5K$263K-4.54%
Homes For Sale2624-7.69%
Homes Sold286252-11.89%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 48313

The median list price of a home in Sterling Heights, is $280,802.11. A total of 31 properties are for sale, and the percentage of properties for sale in the zip code is 31.00%. The total count of 48313 properties is 11,331.

Foreclosure
There is 1 cities within 48313; within this cities, the median estimated home value for homes in foreclosure ranges from $546,309 in sterling heights to the lowest value of $82,624 in sterling heights. Foreclosure homes account for 0.00% of properties in 48313 with sterling heights containing 44 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 48313 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 48313; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 48313 ranges from the highest value of $350,000 in sterling heights to the lowest value of $174,900 in sterling heights. Bank owned homes and properties account for 0.01% of properties in 48313. There is 1 cities within 48313; sterling heights containing 10 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    sterling heights has 34 auction properties, the highest number of properties going to auction in a single city in the state of 48313. Auction homes and other auction properties account for 0.08% of all properties in 48313. There is 1 cities within 48313; of that cities, the median estimated home value for homes going to auction ranges from $546,309 in sterling heights to the lowest value of $82,624 in sterling heights.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.27% of residential properties in 48313 with sterling heights containing 113 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 48313; homes for sale in that cities, have a range of median values from $672,045 in sterling heights to the lowest value of $90,160 in sterling heights.
    Sold Homes
    The median value for recently sold homes ranges from $722,221 in sterling heights to the lowest price of $68,474 in sterling heights. There is 1 cities within 48313. sterling heights has 1064 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.46% of properties in 48313.

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      Guide for 48313

      RealtyTrac Market Report
      Michigan
      2023 Michigan Real Estate Market: Analysis Reveals Booming Property Values and Volatile Sold Prices
      Michigan
      Detroit Real Estate Market Holds Steady: 2023 in Review
      Investment Guides
      Why Buying a Foreclosure is a Smart Move
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      See More Articles
      RealtyTrac Market Report
      2023 Michigan Real Estate Market: Analysis Reveals Booming Property Values and Volatile Sold Prices
      Michigan|posted 8 December 2023

      Explore the nuances of Michigan’s 2023 real estate market, where rising property values meet shifting sold prices and distressed properties offer investment opportunities amidst a stable yet competitive landscape.

      Detroit Real Estate Market Holds Steady: 2023 in Review
      Michigan|posted 25 January 2024

      The 2023 Detroit real estate market trend showed steady average listing values and an increase in property sales, with neighboring cities displaying more fluctuation but higher property values. This reflects the city’s resilience amidst an unpredictable industry landscape.

      Why Buying a Foreclosure is a Smart Move
      Investment Guides|posted 15 November 2017

      Why Buying a Foreclosure is a Smart Move

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.