The story of this market
The typical home in ZIP 48216 sells for about $125,000, or $157 per square foot.
Prices are roughly flat from a year ago (0%), a market in balance. Homes take about 100 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $988 a month.
ZIP 48216 — Detroit
The 48216 housing market in Detroit shows a median listing price of $125,000 with approximately 95 active listings. Market activity is characterized by a high median days on market of 100 days, reflecting a slow turnover rate. Data is limited for specific sales volume and tax metrics at the ZIP level.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 100 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 9.4% · poverty 30.3% — elevated distress and economic pressure.
Built from 46 recorded sales in the last 24 months against HUD 3-bedroom fair market rents. The location premium is the part of the price that rent, income, education, employment, vacancy, price trend, hazard, lending and flood risk don't explain. It usually reflects amenities, schools and scarcity. It's area context and does not change this ZIP's home value estimates.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 48216
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Data sourced from MapOfZipCodes and IncomeByZipCode
- Dave & Buster's Livonia419.1 mi
- Adventure Bay Family Water Park Presented by WFCU Credit Union4.41.7 mi
- Red Oaks Waterpark4.413.5 mi
- Urban Air Trampoline and Adventure Park3.613.9 mi
- Big Time Entertainment4.43.6 mi
- Little Caesars Arena4.61.4 mi
- Comerica Park4.71.5 mi
- Ford Field4.61.7 mi
- Huntington Place4.51.2 mi
- Masonic Temple4.41.2 mi
- Ambassador Bridge41.2 mi
- Comerica Park4.71.5 mi
- Henry Ford Museum of American Innovation4.88.4 mi
- Detroit Zoo4.511 mi
- Detroit Institute of Arts4.82.3 mi
- Henry Ford Museum of American Innovation4.88.4 mi
- Detroit Institute of Arts4.82.3 mi
- Greenfield Village4.88.2 mi
- Michigan Central4.80.2 mi
- Motown Museum4.72.7 mi
- Campus Martius Park4.71.4 mi
- Detroit Riverwalk4.82.1 mi
- Heritage Park4.712 mi
- Riverside Park4.51.1 mi
- Ford Field Park4.68.9 mi
- Detroit Yacht Club4.65.3 mi
- Sindbad's Restaurant and Marina4.25.5 mi
- Riverside Marina4.45.8 mi
- Bayview Yacht Club4.76.5 mi
- Safe Harbor Detroit River4.55.6 mi
- Big Time Entertainment4.43.6 mi
- Western Golf & Country Club4.612.4 mi
- Rackham Golf Course3.811.3 mi
- Seven Lakes Golf Course Ltd4.27.8 mi
- Ambassador Golf Club4.55.1 mi
- Devonshire Mall4.35.1 mi
- Fairlane Town Center4.17.7 mi
- Windsor Crossing Premium Outlets4.26.8 mi
- Meijer48.4 mi
- Tecumseh Mall3.97.1 mi
- Detroit Metropolitan Wayne County Airport4.316.3 mi
- Windsor International Airport4.27.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.