Detroit, 48208 Market Trends


Median Sales Price in Detroit, 48208

 

1 yr 5 yr Max
Detroit, 48208 median sales prices
Number of sold homes in Detroit, 48208
Location Dec - Mar '15 y-o-y 3 months prior 1 year prior 5 years prior
48208 $34,500 -59.4% $132,500 $85,000 $61,250
Detroit $40,000 +4.7% $40,000 $38,200 $36,500
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Summary for Detroit, 48208


The median sales price for homes in ZIP code 48208 for Dec 14 to Mar 15 was $34,500. This represents a decline of 74%, or $98,000, compared to the prior quarter and a decrease of 59.4% compared to the prior year. Sales prices have depreciated 43.7% over the last 5 years in 48208, Detroit. The median sales price of $34,500 for 48208 is 13.75% lower than the median sales price for Detroit MI. Average price per square foot for homes in 48208 was $4 in the most recent quarter, which is 89.47% lower than the average price per square foot for homes in Detroit.

Average Price Per Sqft. for Homes in Detroit, 48208

 

1 yr 5 yr Max
Detroit, 48208 average price per square foot
Location Dec - Mar '15 y-o-y 3 months prior 1 year prior 5 years prior
48208 $4 -97.0% $107 $133 $37
Detroit $38 +8.6% $37 $35 $39
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Popular Zips in Detroit


Zips Week ending
Mar 4
w-o-w Week ending
Feb 18
Week ending
Feb 11
48221 1 1 1
48214 2 2 2
48224 3 3 4
48219 4 4 3
48227 5 +2 7 6
48235 6 -1 5 7
Stats & Trends
Homes for Sale in 48208
View all 48208 Homes for Sale