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market report · 48227
Detroit, MI · 48227
60 active listings$99,950 median ask$1,494 est. rent1.5% price/rent
$99,950
Median list price
$1,494/mo
Estimated rent
1.5%
Price / rent ratio
60
Listings
FHFA home price index · 2016–2025
69.6% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.23
Median rent / sqft
59 comps
$77.76
Median sold / sqft
59 comps
—
Walkability
6.4%
Area unemployment
BLS LAUS
Median household income $36,527 · median home value $75,100 · 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
15384 Lesure St, Detroit, MI 48227
Detroit, MI
$14,900$1,351/mo9.1%
11354 Steel St, Detroit, MI 48227
Detroit, MI
$15,000$1,167/mo7.8%
12016 Forrer St, Detroit, MI 48227
Detroit, MI
$58,000$1,705/mo2.9%
12032 Asbury Park, Detroit, MI 48227
Detroit, MI
$65,000$1,768/mo2.7%
14904 Appoline St, Detroit, MI 48227
Detroit, MI
$54,900$1,396/mo2.5%
14954 Steel St, Detroit, MI 48227
Detroit, MI
$60,000$1,495/mo2.5%