The story of this market
The typical home in ZIP 48380 sells for about $533,842, or $206 per square foot.
Prices are down 10.3% from a year ago, which gives buyers more room to negotiate. Homes take about 16 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,700 a month.
ZIP 48380 — Milford
The 48380 housing market is currently experiencing a correction, with median sale prices down 10.3% year-over-year. High competition remains despite the price decline, as inventory is extremely tight with only 16 homes sold in the most recent month.
This ZIP is primarily suited for established families and homeowners, given the high owner-occupancy rate and large number of middle-aged adults and families.
Median prices moved down 10.3% year over year.
Homes spend a median of 16 days on market with 1.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.8% · poverty 6.6% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 48380, Michigan
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The effective property tax rate in 48380 is approximately 1.0%, which is lower than the Michigan state average of 1.2%.
The rental market in 48380 is extremely limited, with a renter-occupied share of approximately 1%.
Data sourced from U.S. Census Bureau and City-Data.com.
- Dave & Buster's Livonia416.3 mi
- Round1 Bowling & Arcade - Auburn Hills4.119.7 mi
- Sky Zone Trampoline Park4.310.8 mi
- Urban Air Trampoline and Adventure Park4.210.6 mi
- The HUB Stadium & Restaurant, Novi4.511.1 mi
- Pine Knob Music Theatre4.617.9 mi
- Vibe Credit Union Showplace4.310.5 mi
- Michigan Renaissance Festival4.418.2 mi
- SEA LIFE Michigan Aquarium4.319.9 mi
- Cantoro's Italian Market - Plymouth4.717.4 mi
- Kensington Metropark4.74.9 mi
- Emagine Novi4.511.1 mi
- Maybury State Park4.812.9 mi
- Mt. Brighton Ski Resort4.18.6 mi
- MJR Waterford Cinema4.712.3 mi
- Sri Venkateswara Temple & Cultural Center4.810.9 mi
- The Zekelman Holocaust Center4.816.3 mi
- Greenmead Historical Park4.616.2 mi
- Brewery Becker4.87.8 mi
- Mill Race Historical Village4.714.1 mi
- Kensington Metropark4.74.9 mi
- Glenlore Trails4.59.2 mi
- Maybury State Park4.812.9 mi
- Island Lake Recreation Area4.76.7 mi
- Camp Dearborn41.5 mi
- SkipperBud's3.416.5 mi
- Mac's Marina Inc4.512.6 mi
- Wonderland Marine West4.217.8 mi
- Lyon Oaks County Park and Golf Course4.36.6 mi
- Novi Putting Edge4.211 mi
- Tanglewood Golf Course4.410.2 mi
- Moose Ridge Golf Course4.38.8 mi
- On The Dunes Sports4.211.3 mi
- Twelve Oaks Mall4.411.7 mi
- One World Market - Novi4.712.4 mi
- Meijer4.28.7 mi
- Meijer4.111.3 mi
- Meijer4.17.6 mi
- Detroit Metropolitan Wayne County Airport4.330.3 mi
- Bishop International Airport4.526.2 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: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.