Home Market View

Home prices, listings & rents by city and ZIP code.

… cities & places
Median sale price
<$300K$700K+

ZIP 48315 in Shelby Township, MI: housing market trends

The median home sale price in ZIP 48315 in Shelby Township, MI was $494,855 for the three-month period ending September 2026. Sale prices were 4.6% lower 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
$494,855
three-month period ending September 2026
Median sale price per sq ft
$157.92
three-month period ending September 2026
Active listings
221
three-month period ending September 2026
Typical monthly rent
$1,911
Rent index · August 2026

How is housing inventory changing?

There were 221 active listings for the three-month period ending September 2026. Active listings were 1.4% higher 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 22 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 48315 in Shelby Township, MI
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$494,855$157.92113
Single-familySeptember 2026$581,103$156.3374
TownhousesSeptember 2026$330,000$172.221 · small sample
Condos / co-opsSeptember 2026$266,117$161.1139
Multifamily (2–4 units)September 2026UnavailableUnavailableUnavailable

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 48315 in Shelby Township, MI
MarketMedian sale priceReporting period / source
Shelby Township, MI$380,000Month ending July 2026 · Zillow
Utica, MI$289,8623 months ending September 2026 · Redfin
Macomb, MI$438,000Month ending July 2026 · Zillow
Washington, MI$523,000Month ending July 2026 · Zillow
Rochester, MI$589,7193 months ending September 2026 · Redfin
Sterling Heights, MI$320,000Month ending July 2026 · Zillow

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 48315 in Shelby Township, MI
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$494,855$157.92221
August 2026$510,000$187.06238
July 2026$507,500$199.55227
June 2026$525,000$198.48222
May 2026$494,000$197.79203
April 2026$520,000$200.00182
March 2026$489,500$200.75156
February 2026$550,000$199.57145
January 2026$539,000$183.93155
December 2025$560,000$196.71166
November 2025$532,500$187.23188
October 2025$530,590$191.57196
September 2025$518,940$196.65218
August 2025$518,940$190.79218
July 2025$506,270$195.33216
June 2025$485,000$180.43201
May 2025$407,000$180.33176
April 2025$383,000$175.81143
March 2025$429,500$177.34149
February 2025$450,000$185.19130
January 2025$450,000$182.07148
December 2024$385,000$188.55169
November 2024$372,500$180.09197
October 2024$440,000$182.41221

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.

Look up price per square foot by ZIP codeBrowse all MI markets