48098 Home Values & Market Trends
There are 296 homes currently listed for 48098. 48098 real estate market trends show that home prices range from $76,900 to $2,599,000, and the median sales price in the 48098 zip code is $591,804. The total number of properties sold within the past twelve months is 247. In 48098, 2 properties are in foreclosure, 0 are bank owned properties,and 2 are headed for auction.
48098 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Troy | $ 463,067 $ 240/sqft |
Housing Market Summary for 48098
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $598K | $585K | -2.17% |
| Median Sold Price | $575.7K | $606.8K | 5.41% |
| Homes For Sale | 190 | 290 | 52.63% |
| Homes Sold | 186 | 102 | -45.16% |
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 48098
Browse Homes in 48098
The median list price of a home in Troy, is $591,804. A total of 296 properties are for sale, and the percentage of properties for sale in the zip code is 296.00%. The total count of 48098 properties is 396.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 48098 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 48098; 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 48098 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 48098. There is 1 cities within 48098; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- Auctionstroy has 9 auction properties, the highest number of properties going to auction in a single city in the state of 48098. Auction homes and other auction properties account for 0.51% of all properties in 48098. There is 1 cities within 48098; 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.
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Guide for 48098
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.