Provisional grade — derived from this report's measured data points; the county detector suite has not measured this geography yet. The measured ARED Score replaces it on the suite's next run.
ZIP 48201 — Detroit
The 48201 housing market is currently in a cooling phase as inventory levels rise, providing more options for buyers after a period of tight supply. While median prices remain elevated due to institutional demand in Midtown, the market is shifting toward a more balanced state. Ongoing development in the medical and educational sectors continues to support long-term interest in the area.
This ZIP is ideal for students, young professionals, and urban dwellers who prioritize proximity to universities, hospitals, and downtown cultural amenities over traditional suburban family housing.
Median prices moved up 2.1% year over year.
Homes spend a median of 56 days on market with 5.8 months of supply — a balanced-paced market.
13% of listings have cut prices · homes sell at 98.82% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 11.5% · poverty 43.3% — 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 8.0%/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 2.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 48201, 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.
Public schools in the area are part of the Detroit Public Schools Community District, which faces ongoing challenges with academic performance and resource allocation.
The area is primarily urban with standard municipal fire and emergency services; flood risk is generally low but localized urban drainage issues can occur during heavy rain events.
Midtown Detroit is a hub for institutional growth, anchored by major employers like Wayne State University, the Detroit Medical Center, and Henry Ford Health System.
Property taxes are assessed by the City of Detroit and Wayne County; the effective rate is approximately 1.0%, with various millage rates applied for schools and municipal services.
Residents benefit from proximity to downtown Detroit, with most commutes under 25 minutes via major corridors like I-75 and I-94.
The area features proximity to cultural amenities including the Detroit Institute of Arts, the Detroit Public Library, and various parks like Cass Park and the Midtown greenways.
The rental market is highly active with a high renter share of approximately 89%, driven by the student and young professional population in Midtown.
The economy is heavily driven by healthcare, education, and research, with Wayne State University and the Detroit Medical Center serving as primary economic engines.
The area is served by the QLINE streetcar and extensive bus networks, providing connectivity to downtown and surrounding neighborhoods.
Significant ongoing investment in mixed-use residential and commercial developments continues to reshape the Midtown corridor.
Parcels are subject to Detroit Public Schools Community District taxes and various municipal special assessment districts.
Property insurance premiums in Detroit are generally higher than the national average due to urban risk factors and historical claims data.
Data retrieved from Census Reporter and ACS 5-year profiles.
World-class art museum located in the heart of Midtown.
Historic urban park serving the local community.
Major anchor institution driving local economy and culture.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Forecasts are for speculation only and should not be used as a deciding factor in any transaction. Projections trend strictly from calculable historical values — the platform cannot predict market movements, market sentiment, or the market itself.
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Standard trend model — solid = measured history · dashed = projection anchored at each line's last measured point, following that series' trailing pace (CAGR capped ±12%/yr) or trailing mean · projections are estimates, not measured reads · every charted series runs the standard 5-year historical window with a 1-year forecast, trimmed from the full retained ledger — the forecast always extends into the future year (a lagging ledger bridges to it) and stops there on purpose: authoritative, not wizardry · every price line is county-assessed value from the district CAD — the tier's same-parcel assessment roll-up on the momentum tile, the assessed trajectory in raw dollar levels and as a YoY-chained index (base 100), and the month-over-month pace from nearby comparable sales pooled from the research track; a tier without comps yet keeps its pace story with the assessed trend. Inventory, liquidity, price-cut and foreclosure lines run on the platform's own measured series.
Unlocked in the Investor tier
Aggregate foreclosure counts for this geography — recorded notices, upcoming sales and distress weight against population. The filing-level ledger opens at Investor.
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