The story of this market
The typical home in ZIP 48182 sells for about $286,644, or $161 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $875 a month.
ZIP 48182 — Temperance
The 48182 housing market is currently characterized as a seller's market with 3.45 months of inventory, reflecting steady demand for single-family homes. Prices have seen a modest year-over-year increase of 3.2%, supported by the area's affordability relative to broader regional benchmarks. While rental data is limited, the market remains stable with a high owner-occupancy rate.
This ZIP is well-suited for families and commuters seeking a suburban lifestyle with proximity to the Toledo metro area, offering a balance of affordability and established residential neighborhoods.
Median prices moved up 3.2% year over year.
Homes spend a median of 45 days on market with 3.5 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 5.8% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 48182, Monroe County MI
The area is served by Bedford Public Schools, which is generally regarded as a stable district for the community.
The region is subject to standard Midwestern weather risks, including seasonal wind and storm events; flood risk is generally low but varies by specific parcel location.
Economic momentum is driven by its proximity to the Toledo, Ohio employment hub and local residential development in Bedford Township.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Michigan) — Disabled Veterans Homestead Exemption: Provides an exemption from property taxes levied for school operating purposes and potentially other local taxes depending on eligibility. State (Michigan) — General Property Tax Act: Property is assessed at 50% of true cash value (State Equalized Value). Taxable value is capped at the lesser of the state equalized value or the previous year's taxable value adjusted by the consumer price index (up to 5%), unless a transfer of ownership occurs.
Residents primarily commute via US-23 and local arterial roads toward the Toledo, Ohio metropolitan area for employment.
The area features local community parks and proximity to regional outdoor recreation, with basic retail and dining options located along the primary corridors.
The rental market is characterized by a high share of single-family homes and duplexes, with moderate vacancy pressure and limited new multi-family supply.
The economy is largely integrated with the Toledo, Ohio labor market, with local employment concentrated in retail, education, and small-scale manufacturing.
Transportation is heavily reliant on private vehicle use, with US-23 serving as the primary north-south corridor for regional access.
Development is focused on low-density residential growth and minor commercial infill along major thoroughfares.
The Monroe County Equalization Department oversees property assessments, utilizing a mass appraisal system to determine taxable values.
Parcels are subject to Bedford Public Schools district taxes and local township millages.
Property insurance markets remain stable, though premiums are influenced by regional exposure to severe weather events.
Data retrieved from U.S. Census Bureau ZCTA profile for 48182.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
Provides local green space and recreational facilities for residents.
A regional attraction located in the vicinity offering wildlife education.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.