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market report · 48238
Detroit, MI · 48238
73 active listings$119,000 median ask$1,545 est. rent1.3% price/rent
$119,000
Median list price
$1,545/mo
Estimated rent
1.3%
Price / rent ratio
73
Listings
FHFA home price index · 2015–2025
149.2% cumulative change over the window. Source: FHFA ZIP-level HPI.
$0.99
Median rent / sqft
69 comps
$69.23
Median sold / sqft
69 comps
—
Walkability
6.4%
Area unemployment
BLS LAUS
Median household income $33,315 · median home value $64,800 · ACS 2024.
Natural-hazard risk Relatively Low (FEMA NRI score 34).
21 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
13949 Cherrylawn St, Detroit, MI 48238
Detroit, MI
$20,000$1,280/mo6.4%
13166 Montville Pl, Detroit, MI 48238
Detroit, MI
$17,400$1,097/mo6.3%
12725 Northlawn St, Detroit, MI 48238
Detroit, MI
$21,400$1,189/mo5.6%
13606 Wisconsin St, Detroit, MI 48238
Detroit, MI
$25,000$1,320/mo5.3%
15868 Parkside St, Detroit, MI 48238
Detroit, MI
$28,000$1,191/mo4.3%
15727 Parkside St, Detroit, MI 48238
Detroit, MI
$35,000$1,348/mo3.9%