48047 Home Values & Market Trends
There are 836 homes currently listed for 48047. 48047 real estate market trends show that home prices range from $45,000 to $3,995,000, and the median sales price in the 48047 zip code is $371,370. The total number of properties sold within the past twelve months is 570. In 48047, 20 properties are in foreclosure, 3 are bank owned properties,and 17 are headed for auction.
Housing Market Summary for 48047
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $375K | $379.5K | 1.20% |
| Median Sold Price | $361.9K | $326.5K | -9.76% |
| Homes For Sale | 527 | 832 | 57.87% |
| Homes Sold | 330 | 227 | -31.21% |
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 48047
Browse Homes in 48047
The median list price of a home in New Baltimore, is $371,370. A total of 836 properties are for sale, and the percentage of properties for sale in the zip code is 836.00%. The total count of 48047 properties is 1,096.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 48047 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 48047; 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 48047 ranges from the highest value of $660,815 in new baltimore to the lowest value of $254,900 in new baltimore. Bank owned homes and properties account for 0.27% of properties in 48047. There is 1 cities within 48047; new baltimore containing 2 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsnew baltimore has 5 auction properties, the highest number of properties going to auction in a single city in the state of 48047. Auction homes and other auction properties account for 1.55% of all properties in 48047. There is 1 cities within 48047; of that cities, the median estimated home value for homes going to auction ranges from $592,384 in new baltimore to the lowest value of $224,645 in new baltimore.
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Guide for 48047
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.