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Median sale price
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ZIP 48041 in Memphis, MI: housing market trends

The median home sale price in ZIP 48041 in Memphis, MI was $327,404 for the three-month period ending September 2026. Sale prices were 7.0% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$327,404
three-month period ending September 2026
Median sale price per sq ft
$172.25
three-month period ending September 2026
Active listings
14
three-month period ending September 2026
Typical monthly rent
Unavailable
Rent index · unavailable date

How is housing inventory changing?

There were 14 active listings for the three-month period ending September 2026. Active listings were 50.0% lower than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 32 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 48041 in Memphis, MI
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$327,404$172.2512
Single-familySeptember 2026$344,913$172.6011
Multifamily (2–4 units)September 2026$240,000$63.261 · small sample

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 48041 in Memphis, MI
MarketMedian sale priceReporting period / source
Memphis, MI$239,8863 months ending September 2026 · Redfin
Emmett, MI$344,8363 months ending September 2026 · Redfin
Allenton, MIUnavailableMonth ending unavailable date · Zillow
Goodells, MIUnavailableMonth ending unavailable date · Zillow
Capac, MI$244,8833 months ending September 2026 · Redfin
Armada, MI$360,3283 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 48041 in Memphis, MI
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$327,404$172.2514
August 2026$281,500$188.1914
July 2026$250,000$193.1316
June 2026$247,500$212.4115
May 2026$280,000$193.1313
April 2026$412,000$203.3015
March 2026$422,500$180.7711
February 2026$304,500$174.1813
January 2026$257,000$170.0516
December 2025$265,000$165.5218
November 2025$270,000$205.7523
October 2025$327,000$208.1327
September 2025$306,000$208.1328
August 2025$361,250$176.6428
July 2025$361,250$176.6424
June 2025$410,000$173.1218
May 2025$330,000$206.2511
April 2025$330,000$171.897
March 2025$325,000$165.799
February 2025$356,250$154.9911
January 2025$320,000$154.9916
December 2024$347,450$151.2116
November 2024$315,000$170.0016
October 2024$295,000$166.3419

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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