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ZIP 48316 in Shelby Township, MI: housing market trends

The median home sale price in ZIP 48316 in Shelby Township, MI was $384,887 for the three-month period ending September 2026. Sale prices were 0.5% 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
$384,887
three-month period ending September 2026
Median sale price per sq ft
$172.28
three-month period ending September 2026
Active listings
219
three-month period ending September 2026
Typical monthly rent
$1,750
Rent index · August 2026

How is housing inventory changing?

There were 219 active listings for the three-month period ending September 2026. Active listings were 6.8% 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 27 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 48316 in Shelby Township, MI
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$384,887$172.28125
Single-familySeptember 2026$459,634$166.0785
TownhousesSeptember 2026$348,955$192.305 · small sample
Condos / co-opsSeptember 2026$249,993$178.2336
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 48316 in Shelby Township, MI
MarketMedian sale priceReporting period / source
Washington, MI$523,000Month ending July 2026 · Zillow
Rochester, MI$589,7193 months ending September 2026 · Redfin
Shelby Township, MI$380,000Month ending July 2026 · Zillow
Utica, MI$289,8623 months ending September 2026 · Redfin
Oakland, MI$635,000Month ending July 2026 · Zillow
Rochester Hills, MI$440,000Month 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 48316 in Shelby Township, MI
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$384,887$172.28219
August 2026$398,875$178.21215
July 2026$398,375$179.36212
June 2026$401,500$178.05191
May 2026$434,750$179.36172
April 2026$414,750$179.59148
March 2026$410,000$185.50136
February 2026$391,500$179.90129
January 2026$395,000$187.95135
December 2025$425,000$188.82157
November 2025$385,000$187.08185
October 2025$385,000$182.32209
September 2025$387,000$184.62205
August 2025$388,500$184.51202
July 2025$387,500$183.60215
June 2025$352,500$170.21191
May 2025$353,000$168.55180
April 2025$368,000$179.07138
March 2025$417,500$187.60123
February 2025$427,500$177.53114
January 2025$432,500$183.09118
December 2024$397,463$191.36137
November 2024$400,000$187.13167
October 2024$396,450$179.72183

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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