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Area data

Detroit, MI — ZIP 48216

Population: 5,865 (Census ACS)

The median home value in ZIP 48216 (Detroit, MI) is $186,330 — down 10.8% over the past year. Homes sell for a median $224,018 after a median 56.5 days on market. Typical rent runs $1,779/month. 3 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively High, with coldwave, icestorm, inlandflooding the top-rated hazards. Cost of living is 8.0% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$186,330

Median home value

-10.8%

1-year change

56.5

Median days on market

Relatively High

Hazard risk (county)

Home values & appreciation

Median home value
$186,330
1-year appreciation
-10.8%
3-year appreciation
+2.6%
5-year appreciation
-11.0%
10-year appreciation
+103.8%
All-time peak (2022-07)
$212,557
House Price Index (state)
387.5 (+5.5% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$224,018
Median list price
$299,900
Median price per sqft
$124
1-year sale-price change
+40.9%
Median days on market
56.5 days
Homes sold (recent period)
6
For-sale inventory
27
Sale-to-list ratio
91.0%
Active listings
25
1-year forecast
-0.4%
New listings (monthly)
5

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$1,779/mo
1-year rent change
+0.3%
Studio fair-market rent
$810/mo
1BR fair-market rent
$900/mo
2BR fair-market rent
$1,130/mo
3BR fair-market rent
$1,380/mo
4BR fair-market rent
$1,500/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Below Average)
92.0 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
3
Elementary schools
1
Middle schools
0
High schools
2
Charter schools
3
School districts serving the area
Covenant House Academy Detroit, Escuela Avancemos, Detroit Public Safety Academy
Schools include
Covenant House Academy Detroit Southwest Site, Escuela Avancemos, Detroit Public Safety Academy

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively High
Top hazards (county)
coldWave, iceStorm, inlandFlooding, lightning, strongWind
Notable hazard ratings (county)
coastalFlooding: Relatively Low · coldWave: Very High · earthquake: Relatively Moderate · hail: Relatively Low · heatWave: Relatively High · iceStorm: Very High
FEMA flood zone
X
Flood risk level
Minimal
Wildfire risk to homes (county)
Higher than 11% of US counties
Buildings in wildfire direct-exposure zone
4.3%
Radon potential (county)
Low radon potential — EPA Zone 3 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
McLouth Steel Corp (12.4 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Annual precipitation
39.1 in
Annual snowfall
50.3 in
USDA plant hardiness zone
6b (extreme annual low -5 to 0°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Moderate
Median AQI (annual)
61
Days with Good air quality
70
Days with Moderate air quality
272
Days with Unhealthy air quality
3
Highest AQI recorded (year)
226

Source: EPA air quality data (nearest monitoring station, annual)

Walkability & transit

Walkability index
18.2 / 20
Transit service frequency
166
Jobs reachable by car (30 min)
194,251
Jobs reachable by transit (45 min)
141,360

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
2
Nearest national park
River Raisin National Battlefield Park (32 mi)
National parks include
River Raisin National Battlefield Park, Perry's Victory & International Peace Memorial
Airports within 30 mi
17
Nearest airport
Coleman A. Young Municipal Airport (DET) (7 mi)
Nearest major airport
Coleman A. Young Municipal Airport (DET) (7 mi)
Hospitals nearby (~15 mi)
27
Hospitals include
ST JOE MERCY HOSPITAL SYSTEM LIVONIA, ASCENSION PROVIDENCE HOSPITAL, SOUTHFIELD AND NOVI, SURGEONS CHOICE MEDICAL CENTER
Avg hospital rating (CMS)
2.2 / 5
Best hospital rating nearby (CMS)
5.0 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
-7,068 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,938
Housing built before 1970
72.2%
Housing built 2000 or later
19.1%
Median annual property tax
$1,558
Mean commute to work
16 min
Households with broadband internet
69.1%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
638,129
Average weekly wage
$1,426
Top industries (by employment)
Health Care, Accommodation & Food, Professional Services
Annual residential building permits (county)
955

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 48216State medianUS median
Median home value$186,330$246,351$289,727
Median sale price$224,018$265,000$325,000
Median days on market57 days36 days51 days
Typical rent$1,779/mo$1,494/mo$1,808/mo
Median annual property tax$1,558$2,175$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 48216?
$186,330.
What is the median sale price in ZIP 48216?
$224,018.
How long do homes take to sell in ZIP 48216?
Median days on market: 56.5 days.
What is typical rent in ZIP 48216?
Typical rent: $1,779/month.
What is the natural-hazard risk in ZIP 48216?
Overall risk: Relatively High (FEMA NRI, county-level). Top hazards: coldWave, iceStorm, inlandFlooding, lightning, strongWind.
Is ZIP 48216 in a flood zone?
Minimal (FEMA NFIP). FEMA flood zone X.
What is the wildfire risk in ZIP 48216?
Risk to homes is higher than 11% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 48216?
Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 48216?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve ZIP 48216?
3 schools (1 elementary, 2 high) (NCES, 2022-23).
Is ZIP 48216 walkable?
Walkability index: 18.2/20 (EPA Smart Location Database).
What is the air quality in ZIP 48216?
Moderate. Median AQI: 61. (EPA AQI).
What is the cost of living in ZIP 48216?
Regional Price Parity: 92.0 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents