48174 Home Values & Market Trends

There are 476 homes currently listed for 48174. 48174 real estate market trends show that home prices range from $62,500 to $2,000,000, and the median sales price in the 48174 zip code is $219,900. The total number of properties sold within the past twelve months is 309. In 48174, 25 properties are in foreclosure, 4 are bank owned properties,and 21 are headed for auction.

Housing Market Summary for 48174

Sep 2025September 2026Change
Median Listing Price$229.9K$240K4.39%
Median Sold Price$252K$201.2K-20.19%
Homes For Sale29847057.72%
Homes Sold15379-48.37%
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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 48174

The median list price of a home in Romulus, is $219,900. A total of 476 properties are for sale, and the percentage of properties for sale in the zip code is 476.00%. The total count of 48174 properties is 601.

Foreclosure
There is 1 cities within 48174; within this cities, the median estimated home value for homes in foreclosure ranges from $439,466 in romulus to the lowest value of $99,900 in romulus. Foreclosure homes account for 4.00% of properties in 48174 with romulus containing 25 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 48174 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 48174; 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 48174 ranges from the highest value of $383,698 in romulus to the lowest value of $135,000 in romulus. Bank owned homes and properties account for 0.67% of properties in 48174. There is 1 cities within 48174; romulus containing 4 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    romulus has 21 auction properties, the highest number of properties going to auction in a single city in the state of 48174. Auction homes and other auction properties account for 3.49% of all properties in 48174. There is 1 cities within 48174; of that cities, the median estimated home value for homes going to auction ranges from $439,466 in romulus to the lowest value of $99,900 in romulus.
Homes for Sale
Homes and properties that are actively listed for sale account for 79.20% of residential properties in 48174 with romulus containing 476 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 48174; homes for sale in that cities, have a range of median values from $680,487 in romulus to the lowest value of $36,500 in romulus.
    Sold Homes
    The median value for recently sold homes ranges from $502,022 in romulus to the lowest price of $60,184 in romulus. There is 1 cities within 48174. romulus has 75 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 12.48% of properties in 48174.

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      Guide for 48174

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.