The story of this market
The typical home in ZIP 48134 sells for about $340,000, or $191 per square foot.
Prices are down 6.85% from a year ago, which gives buyers more room to negotiate. Homes take about 35 days to sell. HUD's fair market rent for a two-bedroom is $1,088 a month.
ZIP 48134 — Flat Rock
The 48134 housing market is currently a seller's market with a median listing price of $340,000. While year-over-year prices have seen a decrease of 6.85%, the market remains competitive with homes selling at 103% of the asking price. Several data points including active inventory, rent, and tax rates are not currently published at the ZIP level.
The area is a seller's market that appeals to family buyers looking for a competitive environment with a median household income significantly higher than the surrounding metro area.
Median prices moved down 6.8% year over year.
Homes spend a median of 35 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 103% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.2% · poverty 9.1% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 48134
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Michigan) — Disabled Veterans Homestead Exemption: Provides an exemption from property taxes levied for school operating purposes and potentially other local taxes depending on eligibility. State (Michigan) — General Property Tax Act: Property is assessed at 50% of true cash value (State Equalized Value). Taxable value is capped at the lesser of the state equalized value or the previous year's taxable value adjusted by the consumer price index (up to 5%), unless a transfer of ownership occurs.
Data retrieved from Census Reporter and Michigan Demographics
- Little Caesars Arena4.619.9 mi
- Comerica Park4.719.9 mi
- Huntington Place4.519.2 mi
- Masonic Temple4.419.7 mi
- Fox Theatre4.719.8 mi
- MJR Southgate Cinema4.57.6 mi
- Lower Huron Metropark - Turtle Cove Family Aquatic Center4.59 mi
- Heritage Park4.77.5 mi
- Cinemark Southland Center and XD4.36.5 mi
- Lake Erie Metropark4.65 mi
- Henry Ford Museum of American Innovation4.813.7 mi
- Greenfield Village4.813.7 mi
- Michigan Central4.818.5 mi
- Guardian Building4.719.5 mi
- Eloise Asylum4.412.7 mi
- Lower Huron Metropark - Turtle Cove Family Aquatic Center4.59 mi
- Heritage Park4.77.5 mi
- Lake Erie Metropark4.65 mi
- Elizabeth Park4.75.6 mi
- Lower Huron Metropark4.68.7 mi
- River Raisin Marina & Campground4.114.8 mi
- Ford Yacht Club4.75.9 mi
- Colchester Harbour/Beach4.519.9 mi
- Motor City Marina4.510.7 mi
- Elizabeth Park Marina4.65.6 mi
- Lakes of Taylor Golf Course4.37 mi
- Willow Metropark Golf Course44.7 mi
- Sandy Creek Golf Course4.411.3 mi
- Riverview Highlands Golf Course45.7 mi
- Lake Erie Metropark Golf Course4.35.7 mi
- Meijer4.112.4 mi
- Southland Center4.26.5 mi
- Blocks Stand and Greenhouse, LLC4.86.4 mi
- Meijer4.16.4 mi
- Meijer4.19.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).