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Area data

Detroit, MI — ZIP 48202

Population: 15,780 (Census ACS)

Home values & appreciation

Median home value
$180,552
1-year appreciation
-14.1%
3-year appreciation
-12.1%
5-year appreciation
-20.2%
10-year appreciation
+35.8%
All-time peak (2022-06)
$246,849
House Price Index
387.5 (+5.5% YoY)

Market activity

Median sale price
$158,750
Median list price
$339,000
Median days on market
225.5 days
Sale-to-list ratio
88.8%
Active listings
18
1-year forecast
+1.5%
New listings (monthly)
21

Rents

Typical rent
$1,323/mo
1-year rent change
+2.3%
1BR fair-market rent
$1,030/mo
3BR fair-market rent
$1,580/mo

Affordability

Cost of living index (Below Average)
92.0 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
8
Elementary schools
4
Middle schools
2
High schools
2
Charter schools
7

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
coldWave, iceStorm, inlandFlooding, lightning, strongWind
FEMA flood zone
A03
Flood risk level
High

Climate (30-year normals)

Average annual temperature
52.0°F
Average high
61.0°F
Average low
43.0°F
Annual precipitation
38.4 in
Annual snowfall
24.7 in

Air quality

Air quality rating
Moderate
Median AQI (annual)
61
Days with Good air quality
70
Days with Unhealthy air quality
3

Walkability & transit

Walkability index
13.7 / 20
Transit service frequency
0

Amenities

National parks within ~60 mi
2
Nearest national park
River Raisin National Battlefield Park (35 mi)
Nearest airport
Coleman A. Young Municipal Airport (DET) (4 mi)
Nearest major airport
Coleman A. Young Municipal Airport (DET) (4 mi)
Hospitals nearby (~15 mi)
1
Avg hospital rating
3.0 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Migration

Net migration
-7,068 tax filers

Housing stock

Median year housing built
1,938
Median annual property tax
$1,805
Mean commute to work
19 min
Households with broadband internet
64.8%

Employment & development

Total county employment
638,129
Average weekly wage
$1,426
Top industries (by employment)
Health Care, Accommodation & Food, Professional Services
Annual residential building permits (county)
955

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents