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market report · 48208
Detroit, MI · 48208
12 active listings$20,000 median ask$3,272 est. rent16.4% price/rent
$20,000
Median list price
$3,272/mo
Estimated rent
16.4%
Price / rent ratio
12
Listings
FHFA home price index · 2013–2022
185.8% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.43
Median rent / sqft
4 comps
$216.92
Median sold / sqft
4 comps
—
Walkability
6.4%
Area unemployment
BLS LAUS
Median household income $36,194 · median home value $176,400 · ACS 2024.
Natural-hazard risk Relatively Low (FEMA NRI score 35).
37 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
2633 W Grand Blvd, Detroit, MI 48208
Detroit, MI
$179,000$3,075/mo1.7%
4157 Trumbull St, Detroit, MI 48208
Detroit, MI
$499,000$4,779/mo1%
1361 Canfield St, Detroit, MI 48208
Detroit, MI
$670,000$3,468/mo0.5%
3305 Cochrane St, Detroit, MI 48208
Detroit, MI
$450,000$2,295/mo0.5%