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Area data

Detroit, MI — ZIP 48224

Population: 39,668 (Census ACS)

Home values & appreciation

Median home value
$82,380
1-year appreciation
-6.5%
3-year appreciation
+2.2%
5-year appreciation
+7.4%
10-year appreciation
+129.1%
All-time peak (2022-07)
$91,823
House Price Index
387.5 (+5.5% YoY)

Market activity

Median sale price
$92,000
Median list price
$90,000
Median days on market
58 days
Sale-to-list ratio
94.7%
Active listings
258
1-year forecast
+0.4%
Days to pending
88 days
New listings (monthly)
73

Rents

Typical rent
$1,356/mo
1-year rent change
+0.6%
1BR fair-market rent
$1,080/mo
3BR fair-market rent
$1,660/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
9
Elementary schools
5
Middle schools
1
High schools
2
Charter schools
2

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
49.0°F
Average high
57.0°F
Average low
41.0°F
Annual precipitation
36.4 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
11.7 / 20
Transit service frequency
531

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) (4 mi)
Nearest major airport
Coleman A. Young Municipal Airport (DET) (4 mi)
Hospitals nearby (~15 mi)
25
Avg hospital rating
2.4 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Migration

Net migration
-7,068 tax filers

Housing stock

Median year housing built
1,945
Median annual property tax
$1,635
Mean commute to work
24 min
Households with broadband internet
68.0%

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