48138 Home Values & Market Trends
There are 211 homes currently listed for 48138. 48138 real estate market trends show that home prices range from $90,000 to $2,500,000, and the median sales price in the 48138 zip code is $416,171. The total number of properties sold within the past twelve months is 143. In 48138, 2 properties are in foreclosure, 0 are bank owned properties,and 2 are headed for auction.
Housing Market Summary for 48138
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $409.3K | $440K | 7.51% |
| Median Sold Price | $450.2K | $310.9K | -30.94% |
| Homes For Sale | 175 | 208 | 18.86% |
| Homes Sold | 90 | 49 | -45.56% |
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 48138
Browse Homes in 48138
The median list price of a home in Grosse Ile, is $416,171. A total of 211 properties are for sale, and the percentage of properties for sale in the zip code is 211.00%. The total count of 48138 properties is 263.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 48138 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 48138; 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 48138 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 48138. There is 1 cities within 48138; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsgrosse ile has 2 auction properties, the highest number of properties going to auction in a single city in the state of 48138. Auction homes and other auction properties account for 0.76% of all properties in 48138. There is 1 cities within 48138; of that cities, the median estimated home value for homes going to auction ranges from $1,100,963 in grosse ile to the lowest value of $163,171 in grosse ile.
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Guide for 48138
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.