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ZIP 48381 in Milford, MI: housing market trends

The median home sale price in ZIP 48381 in Milford, MI was $489,856 for the three-month period ending September 2026. Sale prices were 3.0% 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
$489,856
three-month period ending September 2026
Median sale price per sq ft
$206.79
three-month period ending September 2026
Active listings
154
three-month period ending September 2026
Typical monthly rent
$2,158
Rent index · August 2026

How is housing inventory changing?

There were 154 active listings for the three-month period ending September 2026. Active listings were 10.0% 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 36 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 48381 in Milford, MI
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$489,856$206.7970
Single-familySeptember 2026$534,865$208.2949
TownhousesSeptember 2026$441,996$210.764 · small sample
Condos / co-opsSeptember 2026$449,982$192.3016
Multifamily (2–4 units)September 2026$260,000$193.451 · 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 48381 in Milford, MI
MarketMedian sale priceReporting period / source
Milford, MI$389,8143 months ending September 2026 · Redfin
Wixom, MI$364,8263 months ending September 2026 · Redfin
Commerce Township, MI$389,999Month ending July 2026 · Zillow
New Hudson, MI$469,000Month ending July 2026 · Zillow
Walled Lake, MI$259,8763 months ending September 2026 · Redfin
Highland, MI$533,000Month 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 48381 in Milford, MI
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$489,856$206.79154
August 2026$441,000$224.12159
July 2026$414,000$221.79152
June 2026$448,495$211.93164
May 2026$475,000$205.01158
April 2026$513,558$211.93134
March 2026$523,558$221.46121
February 2026$517,553$239.1397
January 2026$500,990$238.08108
December 2025$470,840$226.51112
November 2025$469,990$217.31121
October 2025$479,790$219.56127
September 2025$505,000$223.75140
August 2025$506,995$238.58148
July 2025$500,000$226.27146
June 2025$496,500$226.89134
May 2025$482,000$217.60126
April 2025$493,000$226.66127
March 2025$450,040$217.72126
February 2025$453,390$219.31115
January 2025$459,890$214.18120
December 2024$489,850$219.31122
November 2024$520,490$216.82131
October 2024$514,000$220.43126

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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