48059 Home Values & Market Trends
There are 300 homes currently listed for 48059. 48059 real estate market trends show that home prices range from $78,900 to $1,738,900, and the median sales price in the 48059 zip code is $280,000. The total number of properties sold within the past twelve months is 248. In 48059, 11 properties are in foreclosure, 2 are bank owned properties,and 9 are headed for auction.
Housing Market Summary for 48059
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $268.7K | $264.9K | -1.41% |
| Median Sold Price | $270.1K | $228.3K | -15.48% |
| Homes For Sale | 193 | 299 | 54.92% |
| Homes Sold | 149 | 95 | -36.24% |
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 48059
Browse Homes in 48059
The median list price of a home in Fort Gratiot, is $280,000. A total of 300 properties are for sale, and the percentage of properties for sale in the zip code is 300.00%. The total count of 48059 properties is 415.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 48059 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 48059; 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 48059 ranges from the highest value of $151,283 in fort gratiot to the lowest value of $151,283 in fort gratiot. Bank owned homes and properties account for 0.48% of properties in 48059. There is 1 cities within 48059; fort gratiot containing 1 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsfort gratiot has 7 auction properties, the highest number of properties going to auction in a single city in the state of 48059. Auction homes and other auction properties account for 2.17% of all properties in 48059. There is 1 cities within 48059; of that cities, the median estimated home value for homes going to auction ranges from $400,000 in fort gratiot to the lowest value of $190,191 in fort gratiot.
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More Real Estate Resources for 48059
Guide for 48059
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.