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market report · 48216
Detroit, MI · 48216
7 active listings$245,000 median ask$2,139 est. rent0.9% price/rent
$245,000
Median list price
$2,139/mo
Estimated rent
0.9%
Price / rent ratio
7
Listings
$1.43
Median rent / sqft
6 comps
$215.13
Median sold / sqft
6 comps
—
Walkability
6.4%
Area unemployment
BLS LAUS
Median household income $44,335 · median home value $242,600 · ACS 2024.
Natural-hazard risk Very Low (FEMA NRI score 8).
32 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
1525 Spruce St, Detroit, MI 48216
Detroit, MI
$150,000$2,370/mo1.6%
3075 23rd St, Detroit, MI 48216
Detroit, MI
$174,900$2,008/mo1.1%
1521 18th St, Detroit, MI 48216
Detroit, MI
$227,000$2,008/mo0.9%
1933 11th St, Detroit, MI 48216
Detroit, MI
$245,000$1,754/mo0.7%
1507 W Fisher Fwy, Detroit, MI 48216
Detroit, MI
$590,000$2,269/mo0.4%
2566 Michigan Ave, Detroit, MI 48216
Detroit, MI
$1,799,900$3,418/mo0.2%