Area data
Detroit, MI — ZIP 48223
Population: 22,622 (Census ACS)
Home values & appreciation
- Median home value
- $87,028
- 1-year appreciation
- -0.8%
- 3-year appreciation
- +2.4%
- 5-year appreciation
- +0.7%
- 10-year appreciation
- +127.0%
- All-time peak (2022-07)
- $96,800
- House Price Index
- 387.5 (+5.5% YoY)
Market activity
- Median sale price
- $85,000
- Median list price
- $74,900
- Median days on market
- 64 days
- Sale-to-list ratio
- 77.3%
- 1-year forecast
- +1.1%
- Days to pending
- 58 days
- New listings (monthly)
- 32
Rents
- Typical rent
- $1,082/mo
- 1BR fair-market rent
- $980/mo
- 3BR fair-market rent
- $1,500/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
- 5
- Elementary schools
- 4
- Middle schools
- 0
- High schools
- 1
- Charter schools
- 3
Natural hazards & flood risk
- Overall hazard risk
- Relatively High
- Top hazards
- coldWave, iceStorm, inlandFlooding, lightning, strongWind
Climate (30-year normals)
- Annual precipitation
- 37.2 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
- 9.7 / 20
- Transit service frequency
- 661
Amenities
- National parks within ~60 mi
- 2
- Nearest national park
- River Raisin National Battlefield Park (34 mi)
- Nearest airport
- Oakland Troy Airport (11 mi)
- Nearest major airport
- Coleman A. Young Municipal Airport (DET) (12 mi)
- Hospitals nearby (~15 mi)
- 31
- Avg hospital rating
- 2.3 / 5
- Solar radiation rating
- Fair (3.8 kWh/m²/day)
Migration
- Net migration
- -7,068 tax filers
Housing stock
- Median year housing built
- 1,951
- Median annual property tax
- $1,879
- Mean commute to work
- 23 min
- Households with broadband internet
- 70.2%
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 →