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Area data

Detroit, MI — ZIP 48223

Population: 22,622 (Census ACS)

The median home value in ZIP 48223 (Detroit, MI) is $87,028 — down 0.8% over the past year. Homes sell for a median $85,000 after a median 64 days on market. Typical rent runs $1,082/month. 5 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

$87,028

Median home value

-0.8%

1-year change

64

Median days on market

Relatively High

Hazard risk (county)

Home values & appreciation

Median home value
$87,028
1-year appreciation
-0.8%
3-year appreciation
+2.4%
5-year appreciation
+0.7%
10-year appreciation
+127.0%
All-time peak (2022-07)
$96,800
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
$85,000
Median list price
$74,900
Median price per sqft
$60
1-year sale-price change
+193.1%
Median days on market
64 days
Homes sold (recent period)
1
For-sale inventory
115
Sale-to-list ratio
77.3%
1-year forecast
+1.1%
Days to pending
58 days
New listings (monthly)
32

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

Rents

Typical rent
$1,082/mo
Studio fair-market rent
$880/mo
1BR fair-market rent
$980/mo
2BR fair-market rent
$1,230/mo
3BR fair-market rent
$1,500/mo
4BR fair-market rent
$1,630/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
5
Elementary schools
4
Middle schools
0
High schools
1
Charter schools
3
School districts serving the area
Detroit Community Schools, Detroit Leadership Academy, Detroit Public Schools Community District
Schools include
Detroit Community Schools High School, Detroit Community Schools Elementary, Detroit Leadership Academy K8, Cooke STEM Academy, Gompers ElementaryMiddle School

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
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 (16.5 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
37.2 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
9.7 / 20
Transit service frequency
661
Jobs reachable by car (30 min)
156,421
Jobs reachable by transit (45 min)
131,214

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
2
Nearest national park
River Raisin National Battlefield Park (34 mi)
National parks include
River Raisin National Battlefield Park, Perry's Victory & International Peace Memorial
Airports within 30 mi
24
Nearest airport
Oakland Troy Airport (11 mi)
Nearest major airport
Coleman A. Young Municipal Airport (DET) (12 mi)
Hospitals nearby (~15 mi)
31
Hospitals include
ST JOE MERCY HOSPITAL SYSTEM LIVONIA, ASCENSION PROVIDENCE HOSPITAL, SOUTHFIELD AND NOVI, SURGEONS CHOICE MEDICAL CENTER
Avg hospital rating (CMS)
2.3 / 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
1,951
Housing built before 1970
93.5%
Housing built 2000 or later
3.3%
Median annual property tax
$1,879
Mean commute to work
23 min
Households with broadband internet
70.2%

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 48223State medianUS median
Median home value$87,028$246,351$289,727
Median sale price$85,000$265,000$325,000
Median days on market64 days36 days51 days
Typical rent$1,082/mo$1,494/mo$1,808/mo
Median annual property tax$1,879$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 48223?
$87,028.
What is the median sale price in ZIP 48223?
$85,000.
How long do homes take to sell in ZIP 48223?
Median days on market: 64 days.
What is typical rent in ZIP 48223?
Typical rent: $1,082/month.
What is the natural-hazard risk in ZIP 48223?
Overall risk: Relatively High (FEMA NRI, county-level). Top hazards: coldWave, iceStorm, inlandFlooding, lightning, strongWind.
What is the wildfire risk in ZIP 48223?
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 48223?
Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 48223?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve ZIP 48223?
5 schools (4 elementary, 1 high) (NCES, 2022-23).
Is ZIP 48223 walkable?
Walkability index: 9.7/20 (EPA Smart Location Database).
What is the air quality in ZIP 48223?
Moderate. Median AQI: 61. (EPA AQI).
What is the cost of living in ZIP 48223?
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