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Area data

Detroit, MI — ZIP 48205

Population: 34,187 (Census ACS)

Home values & appreciation

Median home value
$51,346
1-year appreciation
-14.1%
3-year appreciation
+1.1%
5-year appreciation
+8.0%
10-year appreciation
+142.4%
All-time peak (2024-10)
$60,206
House Price Index
387.5 (+5.5% YoY)

Market activity

Median sale price
$70,000
Median list price
$115,000
Median days on market
58 days
Sale-to-list ratio
90.7%
Active listings
12
1-year forecast
-0.3%
Days to pending
104 days
New listings (monthly)
62

Rents

Typical rent
$1,298/mo
1-year rent change
+9.2%
1BR fair-market rent
$1,030/mo
3BR fair-market rent
$1,590/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
10
Elementary schools
6
Middle schools
1
High schools
1
Charter schools
3

Natural hazards & flood risk

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

Climate (30-year normals)

Average annual temperature
51.0°F
Average high
59.0°F
Average low
42.0°F
Annual precipitation
31.9 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
13.3 / 20
Transit service frequency
303

Amenities

National parks within ~60 mi
2
Nearest national park
River Raisin National Battlefield Park (41 mi)
Nearest airport
Coleman A. Young Municipal Airport (DET) (2 mi)
Nearest major airport
Coleman A. Young Municipal Airport (DET) (2 mi)
Hospitals nearby (~15 mi)
1
Solar radiation rating
Fair (3.8 kWh/m²/day)

Migration

Net migration
-7,068 tax filers

Housing stock

Median year housing built
1,950
Median annual property tax
$1,280
Mean commute to work
23 min
Households with broadband internet
58.5%

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