Housing market · ZIP 48240

Redford, MI Home Prices & Forecast

Median value and 12-month outlook · as of April 2026

Median home value

$155,335

3-month-0.3%

6-month-0.0%

12-month-0.1%

Touse 12-month forecast

-1.3%

Projected median near $153,354 over the next 12 months

As of April 2026, the median home value in Redford, MI (ZIP 48240) is $155,335. Prices are stable, down 0.1% over the past year. Touse's model projects a -1.3% change over the next 12 months, putting the median near $153,354.

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Nearby areas in Wayne

Allen Park 48101 Belleville 48111 Belleville 48112 Dearborn 48120 Dearborn 48121 Melvindale 48122 Dearborn 48123 Dearborn 48124

Estimates are derived from Zillow Research price history and Touse's forecasting model (LightGBM + Prophet). Forecasts are 12-month projections with inherent uncertainty, not guarantees, and are not financial advice. Confirm with a licensed professional before any decision.