The story of this market
The typical home in ZIP 48122 sells for about $144,351, or $169 per square foot.
Prices are up +1.9% from a year ago, so sellers still have some momentum. Homes take about 18 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,110 a month.
ZIP 48122 — Melvindale
The 48122 housing market is characterized by low inventory and competitive conditions, with a median home value of approximately $144,351. Several requested metrics, including specific tax rates, school ratings, and detailed demographic breakdowns, were not available at the ZIP level and are omitted. The market shows modest year-over-year price appreciation.
Median prices moved up 1.9% year over year.
Homes spend a median of 18 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.1% · poverty 39.1% — a mixed stability profile.
versus the prior ACS vintage
ZCTA 48122, Wayne County MI
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Michigan) — Disabled Veterans Homestead Exemption: Provides an exemption from property taxes levied for school operating purposes and potentially other local taxes depending on eligibility. State (Michigan) — General Property Tax Act: Property is assessed at 50% of true cash value (State Equalized Value). Taxable value is capped at the lesser of the state equalized value or the previous year's taxable value adjusted by the consumer price index (up to 5%), unless a transfer of ownership occurs.
Data sourced from Wikipedia/Census 2020 and IncomeByZipCode.com
- Little Caesars Arena4.67.6 mi
- Comerica Park4.77.7 mi
- Ford Field4.67.9 mi
- Huntington Place4.57.3 mi
- Masonic Temple4.47.3 mi
- Ambassador Bridge45.8 mi
- Comerica Park4.77.7 mi
- Henry Ford Museum of American Innovation4.83 mi
- Detroit Institute of Arts4.87.9 mi
- Greenfield Village4.82.9 mi
- Henry Ford Museum of American Innovation4.83 mi
- Detroit Institute of Arts4.87.9 mi
- Greenfield Village4.82.9 mi
- Michigan Central4.86.1 mi
- Motown Museum4.77.2 mi
- Campus Martius Park4.77.6 mi
- Detroit Riverwalk4.88.2 mi
- Heritage Park4.76 mi
- Ford Field Park4.63.8 mi
- Riverside Park4.55.5 mi
- Motor City Marina4.54.2 mi
- Wyandotte Boat Club4.66.3 mi
- Boaters Value Store4.74.3 mi
- Ecorse Boat Ramp3.83.7 mi
- Seaway Boat Club4.84.4 mi
- Big Time Entertainment4.48 mi
- Western Golf & Country Club4.69.7 mi
- Lakes of Taylor Golf Course4.37.3 mi
- Seven Lakes Golf Course Ltd4.29 mi
- Rouge Park Golf Course4.27 mi
- Devonshire Mall4.39.1 mi
- Fairlane Town Center4.13.1 mi
- Windsor Crossing Premium Outlets4.29.1 mi
- Meijer411.5 mi
- Meijer4.11.2 mi
- Detroit Metropolitan Wayne County Airport4.310.1 mi
- Windsor International Airport4.212.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).