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 48226 — Detroit
The Downtown Detroit housing market is currently in a balanced state, characterized by softening prices and increased inventory. While demand remains steady, the year-over-year price decline reflects a cooling trend as buyers gain more negotiating power. The market is currently driven by a mix of luxury condo sales and ongoing urban redevelopment projects.
This ZIP is ideal for young professionals, urban commuters, and investors seeking proximity to the city's core business and entertainment districts.
Median prices moved down 18.9% year over year.
Homes spend a median of 103 days on market with 4.8 months of supply — a balanced-paced market.
50% of listings have cut prices · homes sell at 102.75% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.0% · poverty 17.2% — a stable, low-distress profile.
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 6.0%/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 4.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 48226, 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 Downtown Detroit have shown a downward trend in recent years, though they remain higher than the national average and vary significantly by specific blocks.
Public schools serving 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 low wildfire risk, though it faces standard urban flood risks associated with aging infrastructure and heavy precipitation events.
Downtown Detroit is experiencing significant economic momentum driven by corporate headquarters, major sports venues, and ongoing mixed-use residential and commercial redevelopment.
Property taxes in Detroit are subject to the city's millage rates, which are among the highest in the state, though various tax abatements exist for specific residential developments.
The area is highly walkable and serves as the primary employment hub for the region, with extensive access to major highways and public transit corridors.
Residents have access to the Detroit Riverwalk, Campus Martius Park, and numerous museums, theaters, and professional sports stadiums within walking distance.
The rental market is robust with high demand for luxury condos and lofts, though vacancy pressure has increased slightly as new inventory enters the market.
The economy is anchored by automotive, finance, and technology sectors, with major employers including General Motors and Quicken Loans.
The area is served by the QLINE streetcar, DDOT bus system, and major regional highway interchanges.
Significant ongoing investment in downtown infrastructure and residential density continues to reshape the urban core.
The Wayne County Assessor manages property valuations, which are subject to annual adjustments based on market conditions.
Parcels are subject to city, county, and school district taxes, with some areas falling under specific Downtown Development Authority zones.
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 Bureau ZCTA-level tables.
A central public space hosting seasonal events and ice skating.
A scenic waterfront path connecting various parks and attractions.
Home to the Detroit Red Wings and Pistons, located nearby.
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.
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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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