The story of this market
The typical home in ZIP 48193 sells for about $253,391, or $155 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,121 a month.
ZIP 48193 — Riverview
The 48193 housing market remains stable with moderate price appreciation and consistent demand. Current conditions are driven by a limited inventory of single-family homes and steady interest from local buyers, though the market is not seeing the rapid growth found in more urbanized sectors of the metro area.
This ZIP code is well-suited for family buyers and long-term residents seeking a stable, suburban environment with proximity to Detroit's industrial employment centers.
Median prices moved up 2.1% year over year.
Homes spend a median of 45 days on market with 3.2 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.9% · poverty 8.3% — 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 6.4%/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 5.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 48193, Wayne County MI
Crime rates in the Riverview area are generally reported as lower than the broader Wayne County and Detroit-Warren-Dearborn metro averages.
Schools serving the 48193 ZIP code are primarily part of the Riverview Community School District, which maintains a stable reputation within the Downriver region.
The area faces standard regional risks for severe weather, including wind and occasional heavy precipitation, with specific flood-plain management overseen by local municipal authorities.
Economic momentum is driven by the industrial and manufacturing base of the Downriver Detroit area, with ongoing maintenance of local infrastructure and residential stability.
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 via I-75 and Fort Street, providing direct access to the Detroit employment core and surrounding industrial hubs.
The area features access to the Detroit River waterfront, several local municipal parks, and proximity to regional golf courses and shopping centers along the Fort Street corridor.
The rental market is characterized by moderate vacancy pressure and steady demand, with a significant portion of the housing stock occupied by long-term residents.
The local economy is anchored by manufacturing, logistics, and regional services, benefiting from its strategic location along the Detroit River industrial corridor.
Transportation is heavily reliant on private vehicles, with I-75 serving as the primary artery for regional connectivity.
Development is focused on infill residential projects and the maintenance of existing commercial corridors along Fort Street.
The Wayne County assessment regime follows standard Michigan property tax law, with assessments based on state-equalized value.
Parcels are served by the Riverview Community School District and standard municipal utility districts.
Property insurance premiums are consistent with regional Michigan averages, reflecting moderate risk for wind and storm-related damage.
Data retrieved from Census Reporter and ACS ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Little Caesars Arena4.613.2 mi
- Comerica Park4.713.2 mi
- Ford Field4.613.3 mi
- Huntington Place4.512.5 mi
- Masonic Temple4.413.1 mi
- Ambassador Bridge410.9 mi
- Henry Ford Museum of American Innovation4.89.4 mi
- Greenfield Village4.89.4 mi
- Windsor-Detroit Tunnel4.312.8 mi
- Michigan Central4.811.9 mi
- Henry Ford Museum of American Innovation4.89.4 mi
- Detroit Institute of Arts4.814.1 mi
- Greenfield Village4.89.4 mi
- Michigan Central4.811.9 mi
- Motown Museum4.713.9 mi
- Campus Martius Park4.712.8 mi
- Heritage Park4.74.7 mi
- Lower Huron Metropark - Turtle Cove Family Aquatic Center4.512.8 mi
- Ford Field Park4.610 mi
- Riverside Park4.510.8 mi
- Ford Yacht Club4.75.8 mi
- Motor City Marina4.54.1 mi
- Elizabeth Park Marina4.63.1 mi
- Wyandotte Boat Club4.62.2 mi
- Humbug Marina of Gibraltar4.55.5 mi
- Big Time Entertainment4.411.2 mi
- Lakes of Taylor Golf Course4.35.9 mi
- Seven Lakes Golf Course Ltd4.28.4 mi
- Ambassador Golf Club4.57.5 mi
- TPC Michigan4.69.2 mi
- Devonshire Mall4.311.4 mi
- Fairlane Town Center4.110.1 mi
- Windsor Crossing Premium Outlets4.29.7 mi
- Meijer4.17.3 mi
- Southland Center4.24.2 mi
- Detroit Metropolitan Wayne County Airport4.39.3 mi
- Windsor International Airport4.213.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A central community park featuring sports fields and walking paths.
A prominent local public golf facility serving the Downriver area.
Provides recreational access and scenic views along the eastern border of the ZIP.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).