The story of this market
The typical home in ZIP 48219 sells for about $100,000, or $86 per square foot.
Prices are up +9.05% from a year ago, so sellers still have some momentum. Homes take about 44 days to sell. HUD's fair market rent for a two-bedroom is $1,079 a month.
ZIP 48219 — Detroit
The 48219 housing market is characterized by a median sale price of $100,000 and a year-over-year price increase of 9.05%. Market activity shows a slower selling pace compared to the previous year, with a median sale-to-list ratio of 97%.
This area is primarily suited for budget-conscious buyers and investors looking for entry-level housing, given the lower median home values compared to broader regional averages.
Median prices moved up 9.1% year over year.
Homes spend a median of 44 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 97% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 16.7% · poverty 29.9% — elevated distress and economic pressure.
ZCTA 48219, Wayne County, MI
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.
The rental market shows significant activity with 69 active rental listings, reflecting a 32.5% year-over-year increase in inventory.
The area is part of the Detroit economy, which is historically anchored by automotive manufacturing and is currently seeing diversification into technology and healthcare sectors.
Data sourced from ACS and Census Bureau estimates.
- Little Caesars Arena4.610.9 mi
- Comerica Park4.711.2 mi
- Ford Field4.611.4 mi
- Huntington Place4.511.7 mi
- Vibe Credit Union Showplace4.314.2 mi
- Ambassador Bridge411.4 mi
- Comerica Park4.711.2 mi
- Henry Ford Museum of American Innovation4.88.1 mi
- Detroit Zoo4.56.1 mi
- Detroit Institute of Arts4.89.9 mi
- Henry Ford Museum of American Innovation4.88.1 mi
- Detroit Institute of Arts4.89.9 mi
- Greenfield Village4.88.1 mi
- Michigan Central4.810.4 mi
- Motown Museum4.78.7 mi
- Campus Martius Park4.711.6 mi
- Detroit Riverwalk4.812.3 mi
- Cranbrook House & Gardens4.810.3 mi
- Red Oaks Waterpark4.410.3 mi
- Heritage Park4.78.3 mi
- Western Golf & Country Club4.63.6 mi
- Farmington Hills Golf Club4.210.1 mi
- Rackham Golf Course3.85.5 mi
- Glen Oaks Golf Course4.38.7 mi
- Oasis Golf Center410.1 mi
- Somerset Collection4.610 mi
- Twelve Oaks Mall4.412.7 mi
- Oakland Mall4.110.4 mi
- Fairlane Town Center4.17.2 mi
- Detroit Metropolitan Wayne County Airport4.315.4 mi
- Windsor International Airport4.218.1 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: median price corroborated by the prior refresh cycle (within 12.5%).