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Redford, MI Real Estate Market Trends & Home Values

Foreclosures
Pre-foreclosures
Bank Owned
Auction
For Sale
Recently Sold

Redford, MI Market Overview

Real estate market trends reflect that there have been 1275 transactions over the past year in Redford. The median value for residential home transactions that occurred over the previous year is $167,200. The number of current listings in Redford is 130, and the percentage of properties for sale in the city is 81.3%. Redford, MI currently has 30 properties in foreclosure, 0 bank owned properties, 30 properties headed for auction, and 130 properties for sale.
Active Residential Inventory
160
Total Inventory

Recently Sold Properties

761
Total Sales (Last 6 Months)
Foreclosures ( 30 )
18.8%
Pre-foreclosures ( 0 )
0%
Bank Owned ( 0 )
0%
Auctions ( 30 )
18.8%
For Sale ( 130 )
81.3%

Redford, MI Home Values

$167,200
Redford home values range from $15,722 to $580,840. The median estimated value of a home in Redford is $167,200. The median list price of a home is $148,944, and the total count of properties in the city is 20,665.

Redford, MI Real Estate Market Overview

Redford, MI Foreclosures Market Overview
Last 24 Hours
Zip Code Median Est. Value
48239
$176,707
$145.00/sqft
48240
$162,406
$151.00/sqft

There are 2 zip codes within Redford, MI; within these zip codes, the median estimated home value for homes in foreclosure ranges from $278,002 in 48239 to the lowest value of $50,634 in 48239. Foreclosure homes account for 0.15% of properties in Redford, MI with 48239 containing 19 foreclosures, the highest number of foreclosure properties in a single zip code.

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Redford, MI

Redford, MI Pre-foreclosures Market Overview
Last 24 Hours
Redford, MI Bank Owned Market Overview
Last 24 Hours
Redford, MI Auction Market Overview
Last 24 Hours
Redford, MI For Sale Market Overview
Last 24 Hours
Redford, MI Recently Sold Market Overview
Last 6 Months

Top Markets

Last 6 Months
1. 48239
2. 48240

Nearby Cities Redford, MI

1.    Livonia
2.    Garden City
3.    Dearborn Heights
4.    Southfield
5.    Dearborn
6.    Inkster
7.    Farmington
8.    Westland
9.    Oak Park
10.    Franklin
11.    Huntington Woods
12.    Berkley
13.    Pleasant Ridge
14.    Ferndale
15.    Melvindale
16.    Highland Park

Nearby Zip Codes Redford, MI

1.    48239
2.    48240
3.    48223
4.    48219
5.    48154
6.    48127
7.    48150
8.    48152
9.    48228
10.    48135
11.    48033
12.    48128
13.    48227
14.    48235
15.    48336
16.    48075
17.    48124
  • Real Estate Market Trends
  • Michigan
  • Wayne County
  • Redford
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