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market report · 48234
Detroit, MI · 48234
61 active listings$70,000 median ask$1,391 est. rent2% price/rent
$70,000
Median list price
$1,391/mo
Estimated rent
2%
Price / rent ratio
61
Listings
FHFA home price index · 2015–2025
47.1% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.41
Median rent / sqft
59 comps
$70.22
Median sold / sqft
59 comps
—
Walkability
6.4%
Area unemployment
BLS LAUS
Median household income $35,322 · median home value $61,200 · ACS 2024.
Natural-hazard risk Relatively Moderate (FEMA NRI score 61).
30 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
18452 Caldwell St, Detroit, MI 48234
Detroit, MI
$24,900$1,250/mo5%
7622 Quinn St, Detroit, MI 48234
Detroit, MI
$18,000$881/mo4.9%
8177 Molena St, Detroit, MI 48234
Detroit, MI
$45,000$1,727/mo3.8%
18965 Beland St, Detroit, MI 48234
Detroit, MI
$40,000$1,458/mo3.6%
8155 Molena St, Detroit, MI 48234
Detroit, MI
$45,000$1,627/mo3.6%
18839 Anglin St, Detroit, MI 48234
Detroit, MI
$40,000$1,392/mo3.5%