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48133, Erie, MI Housing Market

Hyperlocal market intelligence for ZIP code 48133 in MI. Located in Monroe County, MI. Part of the Monroe, MI metro area.

PropertyIQ Score

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48133, Erie, MI market data

PropertyIQ Score 97A+
Median Price
$253K
Rent (ZORI)
$1K
Median DOM
36 days
YoY
+16.7%
What drives the score
Home value YoY: +16.7%3-mo momentum: +5.6%Days on market: 36 daysPrice-reduced share: 0.0%
Data through Jun 2026 · Source: Zillow, hud_fmr, Realtor.com

48133, Erie, MI Housing Market Overview

ZIP code 48133's median home value is $253K, up 16.7% over the past year. Homes here sell in a median 36 days. Its PropertyIQ Score of 97 sits well above the state average of 50, marking a market positioned to outperform its state over the next three years.

The 48133, Erie, MI housing market operates at a level of granularity that broader geographic analyses miss entirely. PropertyIQ's ZIP-level scoring for 48133 captures neighborhood-specific demand patterns within MI, revealing micro-market trends that metro and county data average away. This hyperlocal intelligence is critical for making precise investment and homebuying decisions.

Midwestern ZIP codes frequently offer entry prices far below national medians, but performance varies dramatically even within the same city. PropertyIQ scores individual ZIP codes to identify which neighborhoods show the demand signals — fast sales, rising price momentum, few price cuts — that predict near-term appreciation. Within the Midwest, ZIP code 48133's PropertyIQ Score of 97 ranks among the Midwest's stronger demand signals.

The PropertyIQ Score for 48133, Erie, MI is built from four inputs measured at the ZIP-code level: Zillow home-value momentum over twelve months, Zillow home-value momentum over three months, the median days listings spend on the market (Realtor.com), and the share of listings with a price cut (Realtor.com). The score runs on a 1 to 99 scale computed across all ZIP codes nationally and calibrated so 50 equals the state average, so a score above 50 points to a micro-market positioned to outperform its state.

Explore 48133, Erie, MI's full market profile including ZIP-level score trends, home value data, and comparisons with neighboring ZIP codes. Use the interactive map to visualize demand signals across the area and identify hyperlocal investment opportunities.

48133, Erie, MI is located in Monroe County, MI.

This ZIP code is part of the Monroe, MI metro area.

Market data through June 2026. Sourced from Zillow, Realtor.com, Redfin, U.S. Census Bureau, FRED, BLS, and BEA. Per-statistic source and date shown above.