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 48235 — Detroit
The 48235 housing market is currently experiencing a period of price adjustment with a median sale price of $96,000, reflecting a 4% year-over-year decline. While inventory remains available, the market pace has slowed compared to the previous year, indicating a balanced but cautious environment for buyers and sellers. The area continues to serve as an affordable entry point within the Detroit metro region.
This ZIP is primarily suited for budget-conscious buyers and investors seeking entry-level housing in an urban setting, as well as long-term renters.
Median prices moved down 4.0% year over year.
Homes spend a median of 55 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 13.2% · poverty 31.5% — 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 -1.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 48235, 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.
The area is served by Detroit Public Schools Community District, which faces ongoing challenges with academic performance and resource allocation.
The area is primarily residential with limited new commercial development; economic momentum is tied to the broader Detroit recovery efforts.
Property taxes are assessed by Wayne County and the City of Detroit, with rates reflecting local millage for municipal services and school districts.
Residents typically commute by car to employment centers in Detroit and the surrounding metro area, with a mean travel time of approximately 24.4 minutes.
The area features local neighborhood parks and is within reach of broader Detroit recreational amenities, shopping, and dining districts.
The rental market is characterized by a high renter share of approximately 46%, with recent data suggesting a moderation in rent prices.
The local economy is integrated into the Detroit-Warren-Dearborn metro area, with a mix of service, manufacturing, and public sector employment.
The area relies on a network of major surface streets and highway corridors connecting to the Detroit urban core.
Wayne County assessments are managed by the local appraisal district, which periodically updates property values for tax purposes.
Parcels are subject to Detroit Public Schools Community District and various municipal utility and service districts.
Data retrieved from Census Reporter and Data Commons.
A notable magnet school serving the area.
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.
Upgrade to Investor — $249/mo