48207 Real Estate Market Overview

Could Detroit, MI 48207 be your next home? Kick-start your search with Trulia’s real estate guide and home search. With interactive maps and charts, Trulia provides a comprehensive overview of market trends, schools, demographics, and lifestyle data to help you learn all about 48207. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near 48207 such as Grosse... Pointe Farms and Redford. When you’re ready, Trulia has 30 resale and new homes in 48207 lined up for you, including open houses, and 24 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$39,900

Median Sales Price

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$48

Price Per Sqft

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$700

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in 48207 show a -68% year-over-year drop in median sales price and a -40% drop in median rent per month.

Median Sales Price
The median sales price for homes in 48207 for Feb 19 to May 18 was $39,900 based on 5 home sales.
Price Per Square Ft.
Average price per square foot for 48207 was $48, an increase of 17% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in 48207 for Apr 20 to May 20 was $700.

Crime

Most frequent crimes in the past year

48207 has low crime relative to the rest of Wayne County.

Knowing more about crime activity in 48207 can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.

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1,269

Counts of Theft

467

Counts of Assault

199

Counts of Burglary


Best Schools in 48207

There are 10 schools in 48207.

Elementary Schools
8

Chrysler Elementary School

Public, K - 5

7

Ross/Hill Academy-Elementary

Public, K - 8

6

Edison Public School Academy

Public, PK - 12

Middle Schools
7

Ross/Hill Academy-Elementary

Public, K - 8

6

Edison Public School Academy

Public, PK - 12

3

Bunche Elementary-Middle School

Public, PK - 8

High Schools
6

Edison Public School Academy

Public, PK - 12

2

King High School

Public, 9 - 12

N/A

Douglass Academy For Young Men

Public, 6 - 12


Demographics

Get to know your neighbors in 48207 by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.

Single residents
55%
Single residents
Home owners
51%
Home owners
Median age
47
Median age
Household income
$22,635
Median household income
College educated
17%
College educated

Commute

Most people in 48207 commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.

Commute Type
85% commute by car
0% commute by bike
10% commute by public transportation
3% commute by foot

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