48208 Housing Market

$132,707

10.5% 1-yr

The average 48208 home value is $132,707, down 10.5% over the past year. (Updated on 8/31/2026)

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

48208 Key Takeaways

Typical Home Values: $132,707

1-Year Value Change: -10.5%

(Data through August 31, 2026)

48208 Housing Market Overview

1-Year Market Forecast: 1.3% (August 31, 2026)

For Sale Inventory: 43 (August 31, 2026)

New Listings: 7 (August 31, 2026)

Median Sale to List Ratio: --

Median Sale Price: --

Median List Price: $225,117 (August 31, 2026)

Percent of Sales Over List Price: --

Percent of Sales Under List Price: --

Median Days to Pending: --

(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Zip Codes

NameMedian ZHVI
48201$414,676
48216$184,421
48202$180,793
48206$87,394
48210$70,564
48226$315,173
48204$57,263
48243--
48211$59,522

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48208 Rental Market Trends

Average Rent: $1,306 (August 31, 2026)

National Average Rent: $1,948 (August 31, 2026)

Month-Over-Month Change: 0.4% (August 31, 2026)

Year-Over-Year Change: --

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.