The story of this market
The typical home in ZIP 48224 sells for about $91,954, or $80 per square foot.
Prices are down 3.2% from a year ago, which gives buyers more room to negotiate. Homes take about 61 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,224 a month.
ZIP 48224 — Detroit
The 48224 housing market is characterized by high affordability with a median sale price of approximately $92,000. Market activity shows a slight year-over-year decline in prices, though the area remains a target for entry-level buyers and investors.
The area is primarily suited for first-time buyers and investors looking for entry-level, affordable housing options in Detroit.
Median prices moved down 3.2% year over year.
Homes spend a median of 61 days on market with 0.0 months of supply — a balanced-paced 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 15.3% · poverty 33.5% — elevated distress and economic pressure.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 48224
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
not determinable
- C.J. Barrymore's4.415.4 mi
- Dave & Buster's Utica4.115.8 mi
- Adventure Bay Family Water Park Presented by WFCU Credit Union4.48 mi
- Urban Air Trampoline and Adventure Park4.215.3 mi
- Red Oaks Waterpark4.410.9 mi
- Little Caesars Arena4.67.2 mi
- Comerica Park4.77.1 mi
- Ford Field4.66.9 mi
- Huntington Place4.57.7 mi
- Masonic Temple4.47.4 mi
- Ambassador Bridge49.4 mi
- Comerica Park4.77.1 mi
- Detroit Zoo4.511.5 mi
- Detroit Institute of Arts4.87 mi
- Windsor-Detroit Tunnel4.37.3 mi
- Henry Ford Museum of American Innovation4.816.4 mi
- Detroit Institute of Arts4.87 mi
- Greenfield Village4.816.3 mi
- Michigan Central4.88.7 mi
- Motown Museum4.77.9 mi
- Campus Martius Park4.77.4 mi
- Detroit Riverwalk4.86.9 mi
- Ford House4.74.9 mi
- Red Oaks Waterpark4.410.9 mi
- Riverside Park4.59.5 mi
- Detroit Yacht Club4.64.3 mi
- Sindbad's Restaurant and Marina4.23.7 mi
- Grosse Pointe Yacht Club4.74.2 mi
- Riverside Marina4.43.7 mi
- Safe Harbor Jefferson Beach4.55.3 mi
- Big Time Entertainment4.49.2 mi
- Rackham Golf Course3.812.1 mi
- Maple Lane Golf Club and Driving Range49.6 mi
- Fern Hill Golf Club4.112.1 mi
- Ambassador Golf Club4.512.6 mi
- Devonshire Mall4.39.7 mi
- Oakland Mall4.112.3 mi
- Windsor Crossing Premium Outlets4.212.1 mi
- Meijer49.3 mi
- Tecumseh Mall3.96.4 mi
- Detroit Metropolitan Wayne County Airport4.324.8 mi
- Windsor International Airport4.29.1 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: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.