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 48221 — Detroit
The 48221 housing market is showing signs of stability with modest year-over-year price appreciation and steady demand for affordable single-family homes. Market activity is driven by buyers seeking value in established neighborhoods, though inventory remains constrained. Overall sentiment is cautiously optimistic as local revitalization efforts continue to influence neighborhood desirability.
This ZIP is well-suited for budget-conscious family buyers and investors looking for value in established neighborhoods with historic housing stock.
Median prices moved up 4.2% year over year.
Homes spend a median of 45 days on market with 3.4 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 96% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 12.5% · poverty 22.3% — 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 9.7%/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 2.5%/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 48221, Wayne County MI
Crime rates in the area remain a significant concern, with reported incidents consistently higher than both state and national averages.
Public schools serving the area generally face challenges with performance metrics, often trailing district and state averages.
The area faces standard urban environmental risks, including potential for localized flooding during heavy rain events and aging infrastructure.
Economic momentum is driven by proximity to Detroit's central business district and ongoing revitalization efforts in surrounding neighborhoods.
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 benefit from proximity to major thoroughfares like the Lodge Freeway (M-10) and Woodward Avenue, providing direct access to downtown Detroit.
The area features several local parks and is within a short drive of the Palmer Park area, offering green space and community amenities.
The rental market is characterized by high demand for affordable housing, with a mix of long-term residents and some investor-owned single-family rentals.
The local economy is anchored by the broader Detroit metropolitan employment base, including automotive, healthcare, and education sectors.
The area is served by DDOT bus routes and provides easy access to major highway corridors connecting to the wider metro region.
Development is largely centered on the rehabilitation of historic residential properties and small-scale commercial infill projects.
The Wayne County assessment regime follows state-mandated property tax caps and equalization processes.
Parcels are subject to Detroit Public Schools Community District levies and standard municipal utility districts.
Property insurance premiums in Detroit are generally higher due to regional risk factors and urban density.
Net domestic migration in Michigan has shown stabilization with urban centers seeing varied patterns of movement.
Michigan operates primarily as a non-judicial foreclosure state with specific notice and redemption periods.
Sellers are required to provide a comprehensive property disclosure statement covering known material defects.
Data retrieved from US Census Bureau and Niche demographic profiles.
Large public park offering trails, a lake, and recreational facilities.
Known as the Avenue of Fashion, featuring local boutiques and restaurants.
Key-figure check: median price diverges 14.5% from the nearest retained anchor (prior refresh cycle) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: the flagged $156,900 (-14.5% vs the prior refresh cycle) failed independent re-validation and was reverted to the prior cycle value; the case is under review in the Command Center.
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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