48240 Real Estate Details

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48240 Zip Code Real Estate Statistics

Total Properties
196
Avg. Size in Sq. Ft.
1,558
Avg. Age in Years
0.2
Average Days on Site
82
Minimum Price
$7,500
Maximum Price
$1,200,000
Avg. Price
$179,905
Avg. Price per Sq. Ft.
$128
Recently Listed in 48240 Zip Code
$145,000
MiRealSource IDX Logo
3bds 3ba1,184sqftActive
18681 Five Points Street, Redford, MI 48240
MLS #: 70539429
Keller Williams Somerset
$139,900
MichRIC®, LLC IDX Logo
6bds 1ba1,298sqftActive
19303 Negaunee, Redford, MI 48240
MLS #: 26045294
Propel Property Management
$239,000
MiRealSource IDX Logo
3bds 2ba1,896sqftActive
16598 Lexington, Redford, MI 48240
MLS #: 61025430
Real Estate One-Royal Oak
$239,000
RealComp IDX Logo
3bds 2ba1,896sqftActive
16598 Lexington, Redford, MI 48240
MLS #: 20261062484
Real Estate One-Royal Oak
$199,900
MiRealSource IDX Logo
3bds 1ba1,020sqftKeep Showing-contgcy Appl
20619 Woodworth Street, Redford, MI 48240
MLS #: 70545497
Keller Williams Ann Arbor Mrkt
$169,900
MiRealSource IDX Logo
2bds 1ba1,280sqftPending
19919 Gaylord, Redford, MI 48240
MLS #: 61020176
National Realty Centers, Inc
$169,900
RealComp IDX Logo
2bds 1ba1,280sqftPending
19919 Gaylord, Redford, MI 48240
MLS #: 20261063256
National Realty Centers, Inc
$165,000
MiRealSource IDX Logo
3bds 2ba943sqftActive
16625 Beech Daly Road, Redford, MI 48240
MLS #: 61019176
KW Professionals Brighton
$219,900
MiRealSource IDX Logo
4bds 3ba1,997sqftActive
19805 Lexington, Redford, MI 48240
MLS #: 61017795
Remerica Integrity
$165,000
RealComp IDX Logo
3bds 2ba943sqftActive
16625 Beech Daly Road, Redford, MI 48240
MLS #: 20261048692
KW Professionals Brighton
$219,900
RealComp IDX Logo
4bds 3ba1,997sqftActive
19805 Lexington, Redford, MI 48240
MLS #: 20261061008
Remerica Integrity
$150,000
MiRealSource IDX Logo
3bds 1ba2,136sqftActive
18612 Kinloch, Redford, MI 48240
MLS #: 61025698
RE/MAX Dream Properties

Demographic Information

Wayne County

30,519

Populations as of 2026

12,388

Total Labor Force

$49,562

Median Household Income

$25,077

Per Capita Income

39

Median Age

3

Average Household Size

23.1%

High School Graduate

5.7%

Bachelor Degree Or Higher

Population

2026 Estimate (V2026) 30,519

Age Distribution (Years Old)

0 to 4 5.7%
5 to 17 18.6%
18 to 64 59.4%
65 and Older 16.3%

Gender

Male 49.8%
Female 50.2%

Computer and Internet Use

Households with a computer 36.2%
Households with a broadband Internet subscription 36.2%

Language

English or Second Language, Age 5+ 4.7%
English is First Language, Age 5+ 89.6%

Veterans

Veterans 1,480

Housing

Total Housing Units 12,590
Households 11,045
Average Household Size 3 people
Owner-Occupied 23.9%
Multi-Family 0.1%
Owner-Occupied Median Value $149,800
Median selected monthly owner costs - with a mortgage $1,294
Median selected monthly owner costs - without a mortgage $369
Median Gross Rent $839

Year at Residence

1 Year or More 13.7%
Less Than 1 Year 86.3%

Business and Employment

Private non-farm Establishments -
Private non-farm Employment -
Nonemployer Establishments 2,071
Number of Firms -

Business Production

Value of Shipments -
Wholesale Trade -
Retail Trade -
Retail Sales Per Capita -
Accommodation and Food Services -
The American Community Survey (ACS) is an ongoing survey that provides data every year - giving communities the current information they need to plan investments and services. The ACS covers a broad range of topics about social, economic, demographic, and housing characteristics of the U.S. population. Much of the ACS data provided on the Census Bureau's Web site are available separately by age group, race, Hispanic origin, and sex. Summary files, Subject tables, Data profiles, and Comparison Summary read more