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market report · 48206
Detroit, MI · 48206
51 active listings$174,900 median ask$1,728 est. rent1% price/rent
$174,900
Median list price
$1,728/mo
Estimated rent
1%
Price / rent ratio
51
Listings
FHFA home price index · 2016–2025
94.1% cumulative change over the window. Source: FHFA ZIP-level HPI.
$0.75
Median rent / sqft
47 comps
$80.24
Median sold / sqft
47 comps
—
Walkability
6.4%
Area unemployment
BLS LAUS
Median household income $45,046 · median home value $116,300 · ACS 2024.
Natural-hazard risk Relatively Low (FEMA NRI score 35).
25 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
2262 Taylor St, Detroit, MI 48206
Detroit, MI
$25,000$2,078/mo8.3%
1544 W Philadelphia St, Detroit, MI 48206
Detroit, MI
$18,000$1,217/mo6.8%
3200 Virginia Park St, Detroit, MI 48206
Detroit, MI
$30,000$1,225/mo4.1%
3213 Virginia Park St, Detroit, MI 48206
Detroit, MI
$30,000$1,101/mo3.7%
2305 Richton St, Detroit, MI 48206
Detroit, MI
$39,900$1,299/mo3.3%
2654 Tuxedo St, Detroit, MI 48206
Detroit, MI
$69,000$1,900/mo2.8%