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Harper Woods, MI 48225 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Harper Woods, MI inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.13
ActiveActive listings: 3030PendingPending sales: 44
Harper Woods, MI: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $116k$116kSoldMedian sold price (last 6 months): $126k$126k
What homes actually sell for in Harper Woods, MI
Distribution of 162 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $72k to $189k
$43k to $68k: 30 sales30sales$43k$68k to $92k: 14 sales$92k to $117k: 26 sales$92k$117k to $142k: 10 sales$142k to $166k: 17 sales$142k$166k to $191k: 20 sales$191k to $215k: 17 sales$191k$215k to $240k: 12 salesMedian $126k

What the numbers say

As of September 14, 2026, Resideline is tracking 30 active listings and 4 pending sales in ZIP code 48225. That pending-to-active ratio of 0.13 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $116,500, while the median of the 162 closed sales Resideline tracked over the last six months was $125,800. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 48225 for 61 days.

Frequently asked questions

What is the median home price in 48225?

The median closed sale price in Harper Woods, MI 48225 was $125,800 over the last six months, based on 162 closed sales tracked by Resideline. The middle half of those sales ranged from $72,500 to $189,250.

Is 48225 a buyer's or seller's market?

Resideline is currently tracking 4 pending sales against 30 active listings in 48225, a pending-to-active ratio of 0.13. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 48225 currently looks like a balanced market.

Nearby ZIP code market data

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