48851 Home Values & Market Trends
There are 37 homes currently listed for 48851. 48851 real estate market trends show that home prices range from $99,900 to $400,000, and the median sales price in the 48851 zip code is $169,769. The total number of properties sold within the past twelve months is 6. In 48851, 2 properties are in foreclosure, 0 are bank owned properties,and 2 are headed for auction.
48851 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Lyons | $ 169,769 $ 147/sqft |
Housing Market Summary for 48851
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $165K | $179.9K | 9.03% |
| Median Sold Price | $0 | $142.4K | - |
| Homes For Sale | 23 | 36 | 56.52% |
| Homes Sold | 0 | 4 | - |
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 48851
Browse Homes in 48851
The median list price of a home in Lyons, is $169,769. A total of 37 properties are for sale, and the percentage of properties for sale in the zip code is 37.00%. The total count of 48851 properties is 43.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 48851 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 48851; 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 48851 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 48851. There is 1 cities within 48851; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- Auctionslyons has 2 auction properties, the highest number of properties going to auction in a single city in the state of 48851. Auction homes and other auction properties account for 4.65% of all properties in 48851. There is 1 cities within 48851; of that cities, the median estimated home value for homes going to auction ranges from $265,000 in lyons to the lowest value of $265,000 in lyons.
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Guide for 48851
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.