48131 Home Values & Market Trends
There are 128 homes currently listed for 48131. 48131 real estate market trends show that home prices range from $74,900 to $540,000, and the median sales price in the 48131 zip code is $336,654. The total number of properties sold within the past twelve months is 119. In 48131, 3 properties are in foreclosure, 2 are bank owned properties,and 1 are headed for auction.
48131 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Dundee | $ 336,654 $ 208/sqft |
Housing Market Summary for 48131
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $349.9K | $329.9K | -5.72% |
| Median Sold Price | $308K | $265.2K | -13.87% |
| Homes For Sale | 85 | 125 | 47.06% |
| Homes Sold | 67 | 36 | -46.27% |
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 48131
Browse Homes in 48131
The median list price of a home in Dundee, is $336,654. A total of 128 properties are for sale, and the percentage of properties for sale in the zip code is 128.00%. The total count of 48131 properties is 171.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 48131 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 48131; 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 48131 ranges from the highest value of $311,641 in dundee to the lowest value of $250,000 in dundee. Bank owned homes and properties account for 1.17% of properties in 48131. There is 1 cities within 48131; dundee containing 2 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsdundee has 1 auction properties, the highest number of properties going to auction in a single city in the state of 48131. Auction homes and other auction properties account for 0.58% of all properties in 48131. There is 1 cities within 48131; of that cities, the median estimated home value for homes going to auction ranges from $346,095 in dundee to the lowest value of $346,095 in dundee.
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Guide for 48131
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.