48083 Home Values & Market Trends

There are 297 homes currently listed for 48083. 48083 real estate market trends show that home prices range from $182,800 to $954,900, and the median sales price in the 48083 zip code is $363,976. The total number of properties sold within the past twelve months is 282. In 48083, 2 properties are in foreclosure, 0 are bank owned properties,and 2 are headed for auction.

48083 Real Estate Market Overview

CityMedian Est. Value
Troy

$ 463,067

$ 240/sqft

Housing Market Summary for 48083

Sep 2025September 2026Change
Median Listing Price$359.5K$376.4K4.70%
Median Sold Price$362.9K$343.9K-5.22%
Homes For Sale19729449.24%
Homes Sold164101-38.41%
Price
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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%.

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Browse Homes in 48083

The median list price of a home in Troy, is $363,976. A total of 297 properties are for sale, and the percentage of properties for sale in the zip code is 297.00%. The total count of 48083 properties is 401.

Foreclosure
There is 1 cities within 48083; within this cities, the median estimated home value for homes in foreclosure ranges from $1,043,819 in troy to the lowest value of $316,495 in troy. Foreclosure homes account for 0.00% of properties in 48083 with troy containing 9 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 48083 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 48083; 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 Owned
    The median estimated home value of bank owned homes (REO properties) in 48083 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 48083. There is 1 cities within 48083; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    troy has 9 auction properties, the highest number of properties going to auction in a single city in the state of 48083. Auction homes and other auction properties account for 0.50% of all properties in 48083. There is 1 cities within 48083; of that cities, the median estimated home value for homes going to auction ranges from $1,043,819 in troy to the lowest value of $316,495 in troy.
Homes for Sale
Homes and properties that are actively listed for sale account for 74.06% of residential properties in 48083 with troy containing 1146 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 48083; homes for sale in that cities, have a range of median values from $1,875,517 in troy to the lowest value of $144,900 in troy.
    Sold Homes
    The median value for recently sold homes ranges from $1,566,808 in troy to the lowest price of $106,222 in troy. There is 1 cities within 48083. troy has 403 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 24.94% of properties in 48083.

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      Guide for 48083

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      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 […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.

      Recently Listed Homes 48083

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