The story of this market
The typical home in ZIP 48138 sells for about $345,000, or $205 per square foot.
Prices are up +4.5% from a year ago, so sellers still have some momentum. Homes take about 28 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,414 a month.
ZIP 48138 — Grosse Ile Township
The 48138 housing market remains competitive with steady price appreciation and low inventory levels. Demand is driven by the area's strong school districts and stable employment base, keeping the market in a seller-favorable position.
This ZIP is ideal for families and professionals seeking a suburban lifestyle with convenient access to major employment hubs and recreational amenities.
Median prices moved up 4.5% year over year.
Homes spend a median of 28 days on market with 2.1 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 99.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.6% · poverty 4.1% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 48138, Wayne County MI
Crime rates in the area are generally lower than the national average, with property crime being the most frequently reported incident type.
The area is served by highly-rated public school districts that are frequently recognized for academic performance and extracurricular programs.
The region faces moderate risks related to severe weather events, including high winds and occasional flooding in low-lying areas near the riverfront.
Economic momentum is driven by proximity to major automotive and manufacturing hubs in the Detroit metro area, with steady residential development.
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.
Residents primarily commute by car to employment centers in Detroit and Dearborn, with average commute times reflecting regional traffic patterns.
The area features extensive access to waterfront parks along the Detroit River, local golf courses, and community shopping centers.
The rental market is characterized by low vacancy rates and steady demand, with a mix of single-family rentals and apartment complexes.
The local economy is anchored by manufacturing, healthcare, and professional services, benefiting from its location within the broader Detroit industrial corridor.
The area is served by major highway corridors providing access to the regional transit network, though public transit options are limited.
Development is focused on infill projects and the modernization of existing commercial and residential infrastructure.
The county appraisal district conducts annual assessments based on market value, with adjustments for local economic conditions.
Parcels are subject to local school district taxes and municipal service levies.
Property insurance premiums are influenced by regional weather risks and proximity to the riverfront.
Data retrieved from data.census.gov ZCTA-level tables.
- Little Caesars Arena4.614.8 mi
- Comerica Park4.714.7 mi
- Ford Field4.614.9 mi
- Huntington Place4.513.9 mi
- Masonic Temple4.414.7 mi
- Ambassador Bridge412.4 mi
- Henry Ford Museum of American Innovation4.812 mi
- Greenfield Village4.812 mi
- MJR Southgate Cinema4.54.2 mi
- Heritage Park4.77.2 mi
- Henry Ford Museum of American Innovation4.812 mi
- Detroit Institute of Arts4.815.8 mi
- Greenfield Village4.812 mi
- Michigan Central4.813.6 mi
- Motown Museum4.715.8 mi
- Heritage Park4.77.2 mi
- Riverside Park4.512.5 mi
- Lake Erie Metropark4.65.3 mi
- Ford Field Park4.612.6 mi
- Jackson Park4.712.6 mi
- Detroit Yacht Club4.617.1 mi
- Sindbad's Restaurant and Marina4.217.6 mi
- Riverside Marina4.417.7 mi
- Bayview Yacht Club4.718.1 mi
- River Raisin Marina & Campground4.119.5 mi
- Big Time Entertainment4.412.2 mi
- Lakes of Taylor Golf Course4.38.2 mi
- Seven Lakes Golf Course Ltd4.28.5 mi
- Ambassador Golf Club4.58.7 mi
- TPC Michigan4.611.7 mi
- Devonshire Mall4.312 mi
- Fairlane Town Center4.112.7 mi
- Windsor Crossing Premium Outlets4.210 mi
- Meijer4.19.9 mi
- Southland Center4.26.6 mi
- Detroit Metropolitan Wayne County Airport4.311.3 mi
- Windsor International Airport4.214.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A large waterfront park offering trails, fishing, and picnic areas.
A local course serving the community with recreational facilities.
Key-figure check: median price diverges 17.4% from the nearest retained anchor (published ten-year series (2024)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Research outlier held out — this pass returned a median of $405,000 (17.4% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration. Validation: the flagged $405,000 (+17.4% vs the published ten-year series (2024)) failed independent re-validation and was reverted to the prior cycle value; the case is under review in the Command Center.