The story of this market
The typical home in ZIP 48238 sells for about $80,000, or $78 per square foot.
Prices are up +17.3% from a year ago, so sellers still have some momentum. Homes take about 65 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,010 a month.
ZIP 48238 — Detroit
The 48238 housing market is characterized by high affordability and low entry prices, attracting investors and first-time buyers. While the market is somewhat competitive, listing times remain elevated compared to national averages, reflecting a steady but slow-moving environment.
This area is primarily suited for entry-level buyers and investors seeking low-cost housing opportunities in the Detroit market.
Median prices moved up 17.3% year over year.
Homes spend a median of 65 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 95% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 19.2% · poverty 35.0% — elevated distress and economic pressure.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 48238, 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 local economy is tied to the broader Detroit-Warren-Dearborn metro area, which features a mix of manufacturing, automotive, and service-sector employment.
Data retrieved from Census Reporter profile for ZCTA 48238.
- Dave & Buster's Livonia414.7 mi
- Dave & Buster's Utica4.117.2 mi
- Adventure Bay Family Water Park Presented by WFCU Credit Union4.47.4 mi
- Urban Air Trampoline and Adventure Park4.216.8 mi
- Red Oaks Waterpark4.48.8 mi
- Little Caesars Arena4.65.8 mi
- Comerica Park4.76.2 mi
- Ford Field4.66.3 mi
- Huntington Place4.56.8 mi
- Vibe Credit Union Showplace4.319.6 mi
- Ambassador Bridge47 mi
- Comerica Park4.76.2 mi
- Henry Ford Museum of American Innovation4.88.3 mi
- Detroit Zoo4.55.4 mi
- Detroit Institute of Arts4.84.7 mi
- Henry Ford Museum of American Innovation4.88.3 mi
- Detroit Institute of Arts4.84.7 mi
- Greenfield Village4.88.1 mi
- Michigan Central4.85.8 mi
- Motown Museum4.73.5 mi
- Campus Martius Park4.76.6 mi
- Detroit Riverwalk4.87.2 mi
- Red Oaks Waterpark4.48.8 mi
- Cranbrook House & Gardens4.812.9 mi
- Ford Field Park4.68.3 mi
- Big Time Entertainment4.49.6 mi
- Western Golf & Country Club4.68.3 mi
- Rackham Golf Course3.85.4 mi
- Maple Lane Golf Club and Driving Range411.6 mi
- Rouge Park Golf Course4.25.9 mi
- Somerset Collection4.611.3 mi
- Devonshire Mall4.311 mi
- Oakland Mall4.19.6 mi
- Fairlane Town Center4.17.2 mi
- Windsor Crossing Premium Outlets4.212.8 mi
- Detroit Metropolitan Wayne County Airport4.316.9 mi
- Windsor International Airport4.213.1 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.