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Area data

Detroit, MI — ZIP 48235

Population: 45,600 (Census ACS)

Home values & appreciation

Median home value
$93,938
1-year appreciation
-2.3%
3-year appreciation
+10.0%
5-year appreciation
+13.0%
10-year appreciation
+196.0%
All-time peak (2025-08)
$96,548
House Price Index
387.5 (+5.5% YoY)

Market activity

Median sale price
$124,950
Median list price
$130,000
Median days on market
54 days
Sale-to-list ratio
97.7%
Active listings
154
1-year forecast
+0.8%
Days to pending
55 days
New listings (monthly)
54

Rents

Typical rent
$1,316/mo
1-year rent change
+7.2%
1BR fair-market rent
$1,060/mo
3BR fair-market rent
$1,620/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
17
Elementary schools
8
Middle schools
1
High schools
6
Charter schools
11

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)

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
12.2 / 20
Transit service frequency
406

Amenities

National parks within ~60 mi
2
Nearest national park
River Raisin National Battlefield Park (37 mi)
Nearest airport
Oakland Troy Airport (8 mi)
Nearest major airport
Coleman A. Young Municipal Airport (DET) (10 mi)
Hospitals nearby (~15 mi)
1
Avg hospital rating
1.0 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Migration

Net migration
-7,068 tax filers

Housing stock

Median year housing built
1,953
Median annual property tax
$1,522
Mean commute to work
22 min
Households with broadband internet
73.1%

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