48216 Real Estate Market Overview

Could Detroit, MI 48216 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 48216. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near 48216 such as Grosse... Pointe Farms and Redford. When you’re ready, Trulia has 6 resale and new homes in 48216 lined up for you, including open houses, and 8 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$81,500

Median Sales Price

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$35

Price Per Sqft

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$1,150

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in 48216 show a -9% year-over-year drop in median sales price and a 5% rise in median rent per month.

Median Sales Price
The median sales price for homes in 48216 for Jan 7 to Apr 6 was $81,500 based on 2 home sales.
Price Per Square Ft.
Average price per square foot for 48216 was $35, a decrease of -61% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in 48216 for Mar 7 to Apr 7 was $1,150.

Crime

Most frequent crimes in the past year

48216 has very low crime relative to the rest of Wayne County.

Knowing more about crime activity in 48216 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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550

Counts of Theft

107

Counts of Assault

57

Counts of Burglary


Best Schools in 48216

There are 2 schools in 48216.

Elementary Schools

There are no elementary schools in 48216.

Middle Schools
2

Voyageur Consortium High School

Public, 7 - 12

High Schools
5

Casa Richard Academy

Public, 9 - 12

2

Voyageur Consortium High School

Public, 7 - 12


Demographics

Get to know your neighbors in 48216 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
46%
Single residents
Home owners
35%
Home owners
Median age
34
Median age
Household income
$25,076
Median household income
College educated
19%
College educated

Commute

Most people in 48216 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
82% commute by car
1% commute by bike
7% commute by public transportation
8% commute by foot

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