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Redford, MI 48239 Real Estate & Property Data

Redford, MI 48239 Real Estate Market Trends

Last Updated: April 28, 2024

A total of 623 residential properties have been sold over the past 12 months in 48239. With a median sales price of $170,750 in 48239 and a total of 3 foreclosures in Redford, MI 48239. Discover market trends and get the granular level real estate data for Redford, MI 48239 to keep your pulse on the housing market. Curate compelling home reports for Redford, MI 48239 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Redford, MI 48239 Real Estate Market Trends

Get property data for any address in Redford, MI 48239 or the country:

Total Residential Properties 14,903

Total Commercial Properties 677

Avg. Home Age (Single Family Home) 72 Years

Avg. Square Feet (Single Family Home) 1,181

Total 2024 Residential Sales (year-to-date) 99

% of Homes Seriously Underwater (Q2 2024) 1.02%

Total 2023 Residential Sales 582

% of Equity Rich Homes (Q2 2024) 28.8%

Effective 2023 Property Tax 1.21%

Total Foreclosure Filings (year-to-date) 13

Redford, MI 48239 Real Estate Overview

There were 623 residential properties sold in the past year in Redford, MI 48239. The median home value in Redford, MI 48239 is $165,099. There are a total of 14,903 residential properties in the 48239.

Median Sales Price i

$170,750

(Feb 2024)

+30.8%

year-over-year

y-o-y

February '24 Feb '24 $170,750
January '24 Jan '24 $166,500
December '23 Dec '23 $203,000
November '23 Nov '23 $165,000
October '23 Oct '23 $188,000
September '23 Sep '23 $168,500
August '23 Aug '23 $170,000
July '23 Jul '23 $165,000
June '23 Jun '23 $180,000
May '23 May '23 $163,000
April '23 Apr '23 $155,500
March '23 Mar '23 $155,000

Median Down Payment i

$4,950

(Feb 2024)

-20.8%

year-over-year

y-o-y

February '24 Feb '24 $4,950
January '24 Jan '24 $7,250
December '23 Dec '23 $6,180
November '23 Nov '23 $6,510
October '23 Oct '23 $5,430
September '23 Sep '23 $5,449
August '23 Aug '23 $5,940
July '23 Jul '23 $5,938
June '23 Jun '23 $6,337
May '23 May '23 $7,997
April '23 Apr '23 $8,059
March '23 Mar '23 $4,770

Number of Homes Sold i

43

(Feb 2024)

+19.4%

year-over-year

y-o-y

February '24 Feb '24 43
January '24 Jan '24 56
December '23 Dec '23 32
November '23 Nov '23 41
October '23 Oct '23 46
September '23 Sep '23 59
August '23 Aug '23 66
July '23 Jul '23 43
June '23 Jun '23 64
May '23 May '23 46
April '23 Apr '23 36
March '23 Mar '23 55

Number of Purchase Loans i

28

(Feb 2024)

-9.7%

year-over-year

y-o-y

February '24 Feb '24 28
January '24 Jan '24 41
December '23 Dec '23 21
November '23 Nov '23 29
October '23 Oct '23 34
September '23 Sep '23 34
August '23 Aug '23 49
July '23 Jul '23 32
June '23 Jun '23 50
May '23 May '23 37
April '23 Apr '23 31
March '23 Mar '23 35

Number of REFI Loans i

52

(Feb 2024)

+26.8%

year-over-year

y-o-y

February '24 Feb '24 52
January '24 Jan '24 46
December '23 Dec '23 38
November '23 Nov '23 52
October '23 Oct '23 44
September '23 Sep '23 51
August '23 Aug '23 67
July '23 Jul '23 47
June '23 Jun '23 52
May '23 May '23 42
April '23 Apr '23 41
March '23 Mar '23 50

Number of HELOC Loans i

5

(Feb 2024)

-44.4%

year-over-year

y-o-y

February '24 Feb '24 5
January '24 Jan '24 9
December '23 Dec '23 8
November '23 Nov '23 10
October '23 Oct '23 9
September '23 Sep '23 13
August '23 Aug '23 11
July '23 Jul '23 5
June '23 Jun '23 11
May '23 May '23 11
April '23 Apr '23 6
March '23 Mar '23 14

Redford, MI 48239 Real Estate Market Overview

Last 30 days

Street
Street
Street

1
2

Redford, MI 48239 Foreclosure Activity

There were a total of 3 Redford, MI 48239 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

3

(Feb 2024)

-40%

year-over-year

y-o-y

February '24 Feb '24 3
January '24 Jan '24 10
December '23 Dec '23 7
November '23 Nov '23 6
October '23 Oct '23 8
September '23 Sep '23 9
August '23 Aug '23 10
July '23 Jul '23 6
June '23 Jun '23 8
May '23 May '23 6
April '23 Apr '23 11
March '23 Mar '23 10

Foreclosure Starts i

3

(Feb 2024)

-40%

year-over-year

y-o-y

February '24 Feb '24 3
January '24 Jan '24 10
December '23 Dec '23 7
November '23 Nov '23 6
October '23 Oct '23 8
September '23 Sep '23 9
August '23 Aug '23 10
July '23 Jul '23 6
June '23 Jun '23 8
May '23 May '23 6
April '23 Apr '23 11
March '23 Mar '23 10

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 1
December '23 Dec '23 N/A
November '23 Nov '23 1
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 1
July '23 Jul '23 1
June '23 Jun '23 N/A
May '23 May '23 2
April '23 Apr '23 1
March '23 Mar '23 4

Nearby Zip Codes

1. 48240

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