48203 Home Values & Market Trends
There are 438 homes currently listed for 48203. 48203 real estate market trends show that home prices range from $7,500 to $1,200,000, and the median sales price in the 48203 zip code is $70,203. The total number of properties sold within the past twelve months is 205. In 48203, 23 properties are in foreclosure, 14 are bank owned properties,and 9 are headed for auction.
48203 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Highland Park | $ 68,321 $ 55/sqft |
Housing Market Summary for 48203
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $68,750 | $69,999.5 | 1.82% |
| Median Sold Price | $72,107 | $64,002.5 | -11.24% |
| Homes For Sale | 457 | 430 | -5.91% |
| Homes Sold | 117 | 64 | -45.30% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in 48203
Browse Homes in 48203
The median list price of a home in Highland Park, is $70,203. A total of 438 properties are for sale, and the percentage of properties for sale in the zip code is 438.00%. The total count of 48203 properties is 546.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 48203 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 48203; 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 OwnedThe median estimated home value of bank owned homes (REO properties) in 48203 ranges from the highest value of $170,000 in highland park to the lowest value of $29,042 in highland park. Bank owned homes and properties account for 2.56% of properties in 48203. There is 1 cities within 48203; highland park containing 14 REO properties, has the highest number of bank owned properties in a single city.
- Auctionshighland park has 7 auction properties, the highest number of properties going to auction in a single city in the state of 48203. Auction homes and other auction properties account for 1.65% of all properties in 48203. There is 1 cities within 48203; of that cities, the median estimated home value for homes going to auction ranges from $89,900 in highland park to the lowest value of $16,078 in highland park.
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Guide for 48203
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 […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
