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Zip 48242 (Detroit, MI) Housing


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Housing in 48242 Detroit, MI is significantly lower than the national median value of $338,100. The median housing price in 48242 Detroit, MI is $164,200 which is less than half of the US median. The one-year house appreciation rate in 48242 Detroit, MI is only 4.30%, compared to 8.27% nationally. This suggests that despite its lower overall cost, investing in housing in 48242 Detroit, MI may not be as lucrative as other areas across the country.
Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingDetroit, MichiganUnited States
  0.0139,647,020.0
  6542
  $164,200$338,100
  9.7%16.6%
  52.6%57.0%
  130.9%101.1%
  $19.03$10.98
Property Taxes Paid 2690
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