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Detroit, 48202 Real Estate Overview

Today, December 6, 2009

Avg. Listing Price $119,757 Wk ending Nov 25

-$955
-0.8%
w-o-w

Median Sales Price $74,500 Aug '09 - Oct '09

-$56,096
-43.0%
y-o-y

63	Homes For Sale	0	Open Homes
56	Recently Sold	69	Foreclosures

Average Listing Price

$119,757

-0.8%

w-o-w

Median Sales Price

$74,500

-43%

y-o-y

Average price/sqft

$51

+70%

y-o-y

Number of Sales

+94.1%

y-o-y

More 48202 Market Trends

Select chart to embed:

Most popular
zip codes

Avg. listing price
Week ending Nov 25

w-o-w

48214

$153,568

+1.4%

48224

$45,102

-1.5%

48221

$77,251

+1.4%

48206

$53,990

+1.2%

48203

$111,337

+2.0%

Movers & Shakers

Avg. listing price
Week ending Nov 25

w-o-w

48215

$183,614

+7.0%

48216

$109,081

+3.7%

48201

$180,181

-3.5%

48209

$45,569

-3.3%

48208

$66,579

-3.2%

View Detroit Home Prices Map

The median sales price for homes in ZIP code 48202 in Detroit from Aug 09 to Oct 09 was $74,500 based on 33 sales. Compared to the same period one year ago, the median sales price decreased 43%, or $56,096, and the number of sales increased 94.1%. Average price per square foot for homes in 48202 was $51, an increase of 70% compared to the same period last year.

There are currently 63 resale and new homes in ZIP code 48202 on Trulia, including 69 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in 48202 was $119,757 for the week ending Nov 25, which represents a decrease of 0.8%, or $955, compared to the prior week. Popular ZIP codes in Detroit include 48214 and 48224, with average listing prices of $153,568 and $45,102.

DISTRICT

TYPE

GRADES

SCHOOLS

STUDENTS

Michigan State Department Of Education

Public

—

281

92,052

Detroit Public School District

Public

PK - 12

217

116,212

SCHOOL NAME

SCHOOL TYPE

GRADES

PARENT RATING

Coleman A Young Elementary School

Public

PK - 5

Webster Elementary School

Public

PK - 5

Erma Henderson Lower School

Public

K - 4

Please consult with the school district or a local real estate pro to confirm your eligibility to enroll with a particular district or school.

View all Detroit Schools

86 Bethune…

$56,000

2 br 2 ba

712 Atkins…

$19,999

5 br 3 ba

7601 Woodw…

$64,900

2 br 2 ½ ba

120 Seward…

$17,500

1 br 1 ba

50 Westmin…

$249,900

6 ba

668 Pallis…

$87,900

4 br 2 ½ ba

View all 48202 Homes for Sale

Cities

Median
sales price

Average
listing price

River Rouge

$54,078

$34,958

Hamtramck

$46,940

$45,972

Highland Park

$76,940

$44,041

Grosse Pointe Park

$167,346

$559,139

Dearborn

$70,000

$116,593

Melvindale

$45,000

$83,332

Local Spotlight

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Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.

Homes for Sale includes resale and new homes on Trulia.

Recently Sold is a count of all known arms-length residential sales in the last 9 months according to public records.

Open Homes refers to listings on Trulia with scheduled open house times.

Foreclosures includes properties in the pre-foreclosure, auction, and bank-owned stages of the foreclosure process.

Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. All sales figures are compared to the same period one year prior.

About this Info Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website. Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price. Close

Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website.

Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price.

These reviews include feedback from parents, students, former students, administrators and other staff. This feedback may help you further evaluate and compare schools, along with other information such as test scores, academic programs, school resources, classroom and teacher ratios, etc. The reviews are provided by GreatSchools.

Ask a question about this school on Trulia Voices to learn more about this school or district from residents and other local experts.

Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report.

Detroit, 48202 Real Estate Overview

Market View for 48202

Market Trends for 48202

Home Prices for Detroit

Detroit, 48202 Summary

Schools in Detroit

Community Info for Detroit

Homes for Sale in 48202

Recent Q&A in Detroit, MI

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Nearby Cities Sold Homes

Nearby Cities Home Prices

48202 Stats & Trends

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About this Info Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report. Close