Detroit, 48223 Market Trends


Median Sales Price in Detroit, 48223

 

1 yr 5 yr Max
Detroit, 48223 median sales prices
Number of sold homes in Detroit, 48223
Location Jan - Apr '15 y-o-y 3 months prior 1 year prior 5 years prior
48223 $60,000 +87.5% $47,000 $32,000 $38,800
Detroit $41,423 +11.3% $40,000 $37,226 $35,000
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Summary for Detroit, 48223


The median sales price for homes in ZIP code 48223 for Jan 15 to Apr 15 was $60,000. This represents an increase of 27.7%, or $13,000, compared to the prior quarter and an increase of 87.5% compared to the prior year. Sales prices have appreciated 54.6% over the last 5 years in 48223, Detroit. The median sales price of $60,000 for 48223 is 44.85% higher than the median sales price for Detroit MI. Average listing price for homes on Trulia in ZIP code 48223 was $47,743 for the week ending Apr 15, which represents a decline of 5.6%, or $2,826 compared to the prior week and a decline of 0.4%, or $207, compared to the week ending Mar 25. Average price per square foot for homes in 48223 was $51 in the most recent quarter, which is 37.84% higher than the average price per square foot for homes in Detroit.

Average Listing Price in Detroit, 48223

 

Detroit, 48223 average property price
Detroit, 48223 – number of properties
Location Week ending
Apr 15
w-o-w Week ending
Apr 8
Week ending
Apr 1
Week ending
Mar 25
48223 $47,743 -5.6% $50,569 $50,150 $47,950
Detroit $50,594 +9.3% $46,278 $47,397 $46,382
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Average Price Per Sqft. for Homes in Detroit, 48223

 

1 yr 5 yr Max
Detroit, 48223 average price per square foot
Location Jan - Apr '15 y-o-y 3 months prior 1 year prior 5 years prior
48223 $51 +75.9% $38 $29 $31
Detroit $37 +5.7% $37 $35 $37
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Popular Zips in Detroit


Zips Week ending
Apr 15
w-o-w Week ending
Apr 8
Week ending
Mar 25
48221 1 1 1
48219 2 2 3
48224 3 3 2
48214 4 +2 6 6
48235 5 -1 4 4
48207 6 +3 9 7
Stats & Trends
Homes for Sale in 48223
View all 48223 Homes for Sale