Shelby Township, MI 48315 Housing Market
- Active listings42currently for sale
- Pending sales3under contract
- Median asking price$627,695current listings
- Listing age82 daysmedian time Resideline has been seeing the current listings
- Closed sales tracked (6 mo)284a tracked sample, not a market total
- Median sold price$497,500last 6 months
- Middle half of sold prices$280k to $645k25th to 75th percentile
What the numbers say
As of October 26, 2026, Resideline is tracking 42 active listings and 3 pending sales in ZIP code 48315. That pending-to-active ratio of 0.07 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.
The median asking price of current listings is $627,695, while the median of the 284 closed sales Resideline tracked over the last six months was $497,500. 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 48315 for 82 days.
Frequently asked questions
What is the median home price in 48315?
The median closed sale price in Shelby Township, MI 48315 was $497,500 over the last six months, based on 284 closed sales tracked by Resideline. The middle half of those sales ranged from $280,000 to $645,000.
Is 48315 a buyer's or seller's market?
Resideline is currently tracking 3 pending sales against 42 active listings in 48315, a pending-to-active ratio of 0.07. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 48315 is currently a typical-pace market.
Nearby ZIP code market data
- 48316 Shelby Township, MI
- 48439 Grand Blanc, MI
- 48843 Howell, MI
- 48038 Clinton Township, MI
- 48178 South Lyon, MI
- 48103 Ann Arbor, MI
- 49684 Traverse City, MI
- 49685 Traverse City, MI
- 49686 Traverse City, MI
- 49735 Gaylord, MI
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