The story of this market
The typical home in ZIP 48218 sells for about $56,100, or $95 per square foot.
Prices are up +5.2% from a year ago, so sellers still have some momentum. Homes take about 44 days to sell. HUD's fair market rent for a two-bedroom is $839 a month.
ZIP 48218 — River Rouge
The 48218 housing market is showing signs of modest price appreciation driven by low entry-level price points and demand for affordable housing. While inventory remains tight, the market is benefiting from regional economic interest in the Detroit River corridor. Note that some specific metrics like median sale price and days on market are based on current listing data as official closed-sale reports for this specific ZIP are limited.
This ZIP is primarily suited for budget-conscious buyers and investors looking for entry-level housing opportunities in an industrial-adjacent setting.
Median prices moved up 5.2% year over year.
Homes spend a median of 44 days on market with 3.2 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 11.4% · poverty 39.8% — 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 5.6%/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 48218, Wayne County, MI
Crime rates in River Rouge are significantly higher than the national average, with property and violent crime being primary concerns for the area.
Public schools serving the area generally receive low performance ratings, reflecting challenges within the local district.
The area faces moderate flood risks due to its proximity to the Detroit River and industrial zones, requiring careful insurance consideration.
Economic momentum is tied to the industrial corridor along the Detroit River, with ongoing efforts to revitalize former manufacturing sites.
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 by car to employment hubs in Detroit and Dearborn, with limited public transit options available.
The area features local parks and access to the Detroit River waterfront, though major regional shopping and entertainment are located outside the immediate ZIP.
The rental market is characterized by high demand for affordable units, with a significant portion of the housing stock being renter-occupied.
The local economy is heavily influenced by the manufacturing and logistics sectors located along the Detroit River industrial corridor.
The area is served by major highway corridors providing access to the broader Detroit metropolitan region.
Development planning is focused on brownfield remediation and the conversion of industrial land for mixed-use or recreational purposes.
The Wayne County assessment regime follows state-mandated property valuation cycles with annual adjustments based on market sales.
Parcels are subject to local school district taxes and county-wide special assessments for infrastructure and public services.
Property insurance premiums are influenced by the area's industrial history and flood zone designations.
Net domestic migration has been stable with a slight trend toward urban core revitalization.
Michigan operates as a non-judicial foreclosure state, with specific notice and redemption periods for residential properties.
Sellers are required to provide a comprehensive property disclosure statement covering known defects and material conditions.
Data retrieved from US Census Bureau ZCTA 48218 profile.
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 Arena4.66.1 mi
- Comerica Park4.76.1 mi
- Ford Field4.66.3 mi
- Huntington Place4.55.5 mi
- Masonic Temple4.45.9 mi
- Ambassador Bridge43.9 mi
- Comerica Park4.76.1 mi
- Henry Ford Museum of American Innovation4.85.9 mi
- Detroit Institute of Arts4.86.9 mi
- Greenfield Village4.85.8 mi
- Henry Ford Museum of American Innovation4.85.9 mi
- Detroit Institute of Arts4.86.9 mi
- Greenfield Village4.85.8 mi
- Michigan Central4.84.7 mi
- Motown Museum4.76.7 mi
- Campus Martius Park4.75.9 mi
- Detroit Riverwalk4.86.3 mi
- Heritage Park4.77.5 mi
- Ford Field Park4.66.6 mi
- Riverside Park4.53.7 mi
- Motor City Marina4.53.2 mi
- Wyandotte Boat Club4.65.3 mi
- Boaters Value Store4.73.3 mi
- Ecorse Boat Ramp3.82.7 mi
- Seaway Boat Club4.83.3 mi
- Big Time Entertainment4.45.4 mi
- Western Golf & Country Club4.612.2 mi
- Seven Lakes Golf Course Ltd4.26.2 mi
- Lakes of Taylor Golf Course4.39 mi
- Ambassador Golf Club4.52.7 mi
- Devonshire Mall4.36.3 mi
- Fairlane Town Center4.15.8 mi
- Windsor Crossing Premium Outlets4.26.2 mi
- Tecumseh Mall3.910.3 mi
- Meijer412 mi
- Detroit Metropolitan Wayne County Airport4.312.2 mi
- Windsor International Airport4.29.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides waterfront access and recreational space along the Detroit River.
Serves as a local hub for educational and community resources.
Key-figure check: median price diverges 104.8% from the nearest retained anchor (published ten-year series (2025)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Research outlier held out — this pass returned a median of $114,900 (104.8% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration. Coherence hold-out: this pass's median price ($56,100) sat outside the 0.25–4× band around Wayne County's retained level and was not stored. Validation: the flagged $114,900 (+104.8% vs the published ten-year series (2025)) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.