The story of this market
The typical home in ZIP 48228 sells for about $67,605, or $65 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 58 days to sell. HUD's fair market rent for a two-bedroom is $1,109 a month.
ZIP 48228 — Detroit
The 48228 housing market shows signs of modest price appreciation and increased buyer interest, though it remains one of the most affordable areas in the Detroit metro. Market conditions are driven by low entry prices and steady demand for affordable single-family homes. Some data points, such as specific months of supply and sale-to-list ratios, are estimated based on regional trends as precise ZIP-level figures are not published.
This ZIP code is primarily suited for budget-conscious families and long-term residents seeking affordable housing options within the Detroit city limits.
Median prices moved up 2.1% year over year.
Homes spend a median of 58 days on market with 5.1 months of supply — a balanced-paced market.
18% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 12.7% · poverty 41.8% — elevated distress and economic pressure.
Built from 477 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.
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 6.6%/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 3.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 48228, Wayne County MI
Crime rates in the 48228 area remain elevated compared to regional and national averages, with property and violent crime being primary concerns for local law enforcement.
Public schools serving the area are primarily part of the Detroit Public Schools Community District, which faces ongoing challenges regarding academic performance and resource allocation.
The area is primarily urban with standard risks for structural fire and localized urban flooding; it is not located in a high-risk wildfire zone.
Economic momentum is tied to broader Detroit revitalization efforts, though 48228 remains largely residential with limited large-scale commercial development.
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 typically rely on personal vehicles for commuting to downtown Detroit or nearby industrial hubs, with limited high-frequency public transit options.
The area features several local neighborhood parks and is within driving distance of larger regional recreational facilities and shopping centers in Dearborn.
The rental market is characterized by high demand for affordable housing, with a significant portion of the housing stock managed by individual investors.
The local economy is heavily influenced by the broader Detroit manufacturing and service sectors, with many residents commuting to nearby automotive facilities.
The area is served by major arterial roads connecting to I-96 and I-94, facilitating regional travel.
Development is largely focused on infill housing and the rehabilitation of vacant properties.
The Wayne County assessment regime follows state-mandated property tax caps and equalization processes.
Parcels are subject to Detroit Public Schools Community District and Wayne County community college district taxes.
Property insurance premiums in Detroit are generally higher than the national average due to urban risk factors.
Michigan is a judicial foreclosure state with specific notice and redemption periods for homeowners.
Michigan law requires sellers to provide a written disclosure statement regarding the condition of the property.
Data retrieved from census.gov ZCTA profiles.
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.
- Little Caesars Arena4.68.1 mi
- Comerica Park4.78.4 mi
- Ford Field4.68.6 mi
- Huntington Place4.58.6 mi
- Vibe Credit Union Showplace4.317.4 mi
- Ambassador Bridge47.8 mi
- Comerica Park4.78.4 mi
- Henry Ford Museum of American Innovation4.83.7 mi
- Detroit Zoo4.59 mi
- Detroit Institute of Arts4.87.6 mi
- Henry Ford Museum of American Innovation4.83.7 mi
- Detroit Institute of Arts4.87.6 mi
- Greenfield Village4.83.7 mi
- Michigan Central4.87.2 mi
- Motown Museum4.76.4 mi
- Campus Martius Park4.78.7 mi
- Detroit Riverwalk4.89.4 mi
- Heritage Park4.79.8 mi
- Ford Field Park4.63.5 mi
- Riverside Park4.57.4 mi
- Western Golf & Country Club4.65.2 mi
- Big Time Entertainment4.410.6 mi
- Rackham Golf Course3.88.7 mi
- Lakes of Taylor Golf Course4.310.7 mi
- Oasis Golf Center411.6 mi
- Devonshire Mall4.312.1 mi
- Fairlane Town Center4.12.7 mi
- Windsor Crossing Premium Outlets4.213 mi
- Meijer47.8 mi
- Meijer4.15.3 mi
- Detroit Metropolitan Wayne County Airport4.312.1 mi
- Windsor International Airport4.214.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A large regional park offering trails and green space serving the western edge of the city.
A historic residential area with local community centers and small-scale retail.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).