The story of this market
The typical home in ZIP 48213 sells for about $104,931, or $68 per square foot.
Prices are down 2.8% from a year ago, which gives buyers more room to negotiate. Homes take about 49 days to sell. HUD's fair market rent for a two-bedroom is $1,200 a month.
This ZIP has no home sales of its own, so its market figures come from Detroit, Michigan (city-level). Population, rents, hazards, lending and amenities are this ZIP's own readings.
ZIP 48213 — Detroit
The 48213 housing market is currently experiencing significant downward pressure on home values, with recent data indicating a sharp year-over-year decline. The market is characterized by low entry prices and high vacancy rates, reflecting a challenging economic environment. Many specific metrics such as sales counts, tax rates, and detailed demographic breakdowns are not currently published for this specific ZIP code.
This area is primarily suited for budget-conscious investors and buyers seeking low-cost housing options, as the market is characterized by very low median home values and a high percentage of vacancies.
Median prices moved down 2.8% year over year.
Homes spend a median of 49 days on market with 3.5 months of supply — a fast-moving market.
34% of listings have cut prices · homes sell at 94.8% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 17.1% · poverty 37.9% — elevated distress and economic pressure.
Built from 314 recorded sales in the last 24 months against HUD 3-bedroom fair market rents. The location premium is the part of the price that rent, income, education, employment, vacancy, price trend, hazard, lending and flood risk don't explain. It usually reflects amenities, schools and scarcity. It's area context and does not change this ZIP's home value estimates.
ZCTA 48213
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.
not determinable
- C.J. Barrymore's4.416.5 mi
- Dave & Buster's Utica4.115.9 mi
- Adventure Bay Family Water Park Presented by WFCU Credit Union4.46.2 mi
- Urban Air Trampoline and Adventure Park4.215.4 mi
- Red Oaks Waterpark4.49.7 mi
- Little Caesars Arena4.65 mi
- Comerica Park4.75 mi
- Ford Field4.64.9 mi
- Huntington Place4.55.8 mi
- Masonic Temple4.45.2 mi
- Ambassador Bridge47.3 mi
- Comerica Park4.75 mi
- Detroit Zoo4.59.3 mi
- Detroit Institute of Arts4.84.4 mi
- Windsor-Detroit Tunnel4.35.5 mi
- Henry Ford Museum of American Innovation4.813.8 mi
- Detroit Institute of Arts4.84.4 mi
- Greenfield Village4.813.7 mi
- Michigan Central4.86.4 mi
- Motown Museum4.75.3 mi
- Campus Martius Park4.75.4 mi
- Detroit Riverwalk4.85.2 mi
- Red Oaks Waterpark4.49.7 mi
- Ford House4.77.4 mi
- Riverside Park4.57.4 mi
- Detroit Yacht Club4.63.8 mi
- Sindbad's Restaurant and Marina4.23.2 mi
- Grosse Pointe Yacht Club4.76.9 mi
- Riverside Marina4.43.4 mi
- Bayview Yacht Club4.74 mi
- Big Time Entertainment4.47.9 mi
- Rackham Golf Course3.89.9 mi
- Maple Lane Golf Club and Driving Range49.5 mi
- Fern Hill Golf Club4.112.8 mi
- Seven Lakes Golf Course Ltd4.212.6 mi
- Devonshire Mall4.38.7 mi
- Oakland Mall4.111 mi
- Fairlane Town Center4.112.8 mi
- Windsor Crossing Premium Outlets4.211.2 mi
- Meijer46.9 mi
- Detroit Metropolitan Wayne County Airport4.322.3 mi
- Windsor International Airport4.29.1 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: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass. Coherence hold-out: this pass's median price ($46,649) sat outside the 0.25–4× band around Wayne County's retained level and was not stored.