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 48209 — Detroit
The 48209 housing market is showing signs of recovery with a year-over-year price increase of 5.2% and a steady volume of closed sales. While inventory remains tight, the market is attracting interest from investors and first-time buyers drawn by the relatively low entry price point compared to the broader Detroit metro area.
This ZIP is well-suited for budget-conscious family buyers and investors looking for entry-level housing opportunities in an urban setting with proximity to Detroit's core.
Median prices moved up 5.2% year over year.
Homes spend a median of 34 days on market with 4.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 11.5% · poverty 28.5% — 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 5.3%/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 48209, 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 the 48209 area remain elevated compared to the national average, with property and violent crime trends consistent with broader urban patterns in Detroit.
Public schools serving the area generally receive lower performance ratings, with many local families seeking alternative charter or magnet options within the Detroit Public Schools Community District.
The area faces standard urban environmental risks, including potential for localized flooding during heavy rain events and typical industrial-zone air quality considerations.
Economic momentum is driven by proximity to Detroit's industrial corridors and ongoing revitalization efforts in the Springwells neighborhood, though large-scale commercial development remains limited.
Property taxes are assessed by Wayne County and the City of Detroit, with rates reflecting the city's millage structure; exemptions are available for primary residences under the Michigan Homestead Property Tax Credit.
Residents benefit from direct access to I-75 and I-94, providing relatively efficient transit to downtown Detroit and major regional employment hubs.
The area features local neighborhood parks and is within a short drive of the Detroit River waterfront, offering access to regional trails and recreational facilities.
The rental market is characterized by high demand for affordable housing, with limited vacancy pressure and a significant presence of small-scale individual investors.
The local economy is anchored by manufacturing, logistics, and service-sector employment, with significant influence from the broader Detroit automotive and industrial base.
The area is served by major highway corridors including I-75, facilitating regional connectivity for commuters.
Development is largely focused on small-scale infill and residential renovation projects within the existing urban grid.
The Wayne County assessment regime follows state-mandated equalization processes, with annual adjustments based on market sales data.
Parcels are subject to Detroit Public Schools Community District levies and standard municipal utility service districts.
Property insurance premiums in Detroit are generally higher than the national average due to regional risk factors and urban density.
Michigan utilizes a non-judicial foreclosure process for mortgages, with specific notice and redemption periods defined by state law.
Michigan law requires sellers to provide a written disclosure statement regarding the condition of the property at the time of sale.
Data retrieved from data.census.gov ZCTA 48209 profile.
Local community green space serving the neighborhood.
Regional attraction offering trails and recreational access.
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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