The story of this market
The typical home in ZIP 48141 sells for about $165,000, or $135 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $1,170 a month.
ZIP 48141 — Inkster
The housing market in 48141 is experiencing steady price appreciation driven by low inventory and demand for affordable entry-level homes. While the area faces economic challenges, its strategic location near major Detroit-area employers continues to support market stability. Current conditions reflect a balanced environment for buyers and investors looking for long-term value.
This ZIP is well-suited for budget-conscious family buyers and renters seeking proximity to Detroit-area employment centers without the higher price points of neighboring suburbs.
Median prices moved up 4.2% year over year.
Homes spend a median of 48 days on market with 2.8 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 14.4% · poverty 35.2% — elevated distress and economic pressure.
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 12.0%/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 7.5%/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 48141, Wayne County MI
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in Inkster remain higher than the national average, with property and violent crime being primary concerns for local law enforcement compared to surrounding Wayne County municipalities.
Public schools serving the area are primarily part of the Inkster-area districts, which have historically faced significant challenges in academic performance and funding stability.
The area is generally low-risk for major natural disasters, though localized urban flooding can occur during heavy rain events due to aging infrastructure.
Economic momentum is modest, with the area benefiting from its proximity to the broader Detroit-Warren-Dearborn industrial and automotive employment corridor.
Property taxes are levied by Wayne County and local municipal authorities, with rates reflecting standard Michigan millage structures; no special MUD/PID districts are prevalent.
Residents primarily rely on personal vehicles for commuting, with convenient access to I-94 and US-12 providing direct routes to Detroit and Dearborn employment hubs.
Local amenities include several neighborhood parks and proximity to the larger green spaces and recreational facilities found in neighboring Dearborn and Westland.
The rental market is characterized by high demand for affordable housing, with limited new supply keeping vacancy rates low and rent growth steady.
The local economy is heavily influenced by the automotive manufacturing and logistics sectors prevalent throughout the Detroit metropolitan area.
The area is served by major highway corridors including I-94, facilitating regional transit, though public transit options remain limited.
Development is currently focused on small-scale commercial revitalization and the rehabilitation of existing residential housing stock.
The Wayne County assessment regime follows standard state-mandated property valuation cycles based on market sales data.
Parcels are subject to standard school district and municipal tax levies; no specialized utility or hospital districts are noted.
Property insurance premiums are consistent with the broader Southeast Michigan market, with standard coverage for fire and wind.
Michigan is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Michigan law requires sellers to provide a written disclosure statement regarding the condition of the property to potential buyers.
Data retrieved from US Census Bureau ZCTA-level profiles.
- Little Caesars Arena4.614.3 mi
- Comerica Park4.714.5 mi
- Ford Field4.614.7 mi
- Huntington Place4.514.4 mi
- Vibe Credit Union Showplace4.316.5 mi
- Ambassador Bridge413 mi
- Henry Ford Museum of American Innovation4.84.8 mi
- Greenfield Village4.84.9 mi
- Michigan Central4.813 mi
- Emagine Canton4.65.8 mi
- Henry Ford Museum of American Innovation4.84.8 mi
- Detroit Institute of Arts4.814.2 mi
- Greenfield Village4.84.9 mi
- Michigan Central4.813 mi
- Motown Museum4.713.2 mi
- Lower Huron Metropark - Turtle Cove Family Aquatic Center4.59.3 mi
- Heritage Park4.76.2 mi
- Ford Field Park4.64.3 mi
- Heritage Park4.68.6 mi
- Riverside Park4.512.7 mi
- Sandy's Marina4.48 mi
- Western Golf & Country Club4.67.4 mi
- Lakes of Taylor Golf Course4.35.8 mi
- Oasis Golf Center49.3 mi
- Fellows Creek Golf Club & Banquet Center4.25.8 mi
- Rouge Park Golf Course4.27.1 mi
- Fairlane Town Center4.15.6 mi
- Meijer4.16.2 mi
- Meijer4.211.7 mi
- Cantoro's Italian Market - Plymouth4.79.5 mi
- Southland Center4.27.1 mi
- Detroit Metropolitan Wayne County Airport4.35.4 mi
- Windsor International Airport4.219.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local community park providing green space and playground facilities.
Community resource center serving the local population.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.