The story of this market
The typical home in ZIP 48195 sells for about $205,000, or $179 per square foot.
Prices are up +10.8% from a year ago, so sellers still have some momentum. Homes take about 36 days to sell. HUD's fair market rent for a two-bedroom is $1,120 a month.
ZIP 48195 — Southgate
The 48195 housing market is experiencing moderate price growth with a median sale price of $205,000. Market conditions remain somewhat competitive, though inventory levels are relatively low. Several metrics, including specific tax rates and detailed school performance, were not available at the ZIP level.
This area is well-suited for family buyers and commuters seeking a suburban environment with proximity to regional employment centers.
Median prices moved up 10.8% year over year.
Homes spend a median of 36 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 9.4% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 48195, 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.
The rental market shows a median asking rent of $1,672 per month with stable demand.
The local economy is supported by a mix of residential and commercial activity within the broader Wayne County industrial and service sectors.
Data retrieved from Census ACS and Point2Homes profiles.
- Little Caesars Arena4.612.1 mi
- Comerica Park4.712.1 mi
- Ford Field4.612.3 mi
- Huntington Place4.511.4 mi
- Masonic Temple4.411.9 mi
- Ambassador Bridge49.8 mi
- Comerica Park4.712.1 mi
- Henry Ford Museum of American Innovation4.87.3 mi
- Detroit Institute of Arts4.812.8 mi
- Greenfield Village4.87.3 mi
- Henry Ford Museum of American Innovation4.87.3 mi
- Detroit Institute of Arts4.812.8 mi
- Greenfield Village4.87.3 mi
- Michigan Central4.810.7 mi
- Motown Museum4.712.5 mi
- Campus Martius Park4.711.8 mi
- Detroit Riverwalk4.812.2 mi
- Lower Huron Metropark - Turtle Cove Family Aquatic Center4.512 mi
- Heritage Park4.73 mi
- Ford Field Park4.67.9 mi
- Motor City Marina4.53.1 mi
- Ford Yacht Club4.77.9 mi
- Elizabeth Park Marina4.65.2 mi
- Wyandotte Boat Club4.62.4 mi
- Humbug Marina of Gibraltar4.57.4 mi
- Big Time Entertainment4.410.6 mi
- Lakes of Taylor Golf Course4.34.4 mi
- Seven Lakes Golf Course Ltd4.28.8 mi
- Ambassador Golf Club4.57 mi
- Rouge Park Golf Course4.212.1 mi
- Devonshire Mall4.311.1 mi
- Fairlane Town Center4.18 mi
- Windsor Crossing Premium Outlets4.29.8 mi
- Meijer4.15.3 mi
- Southland Center4.22.9 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 prior refresh cycle (within 12.5%).