Detroit, 48227 Real Estate Overview


  • Crime
  • Schools
  • Commute
  • Amenities
  • Affordability
  • Demographics
  • Hazards

Average Listing Price

  • $251,778
  • for week ending Mar 04
  • +$225,058
  • +842.3%
  • w-o-w

Median Sales Price

  • $38,396
  • Dec '14 - Mar '15
  • +$1,395
  • +3.8%
  • y-o-y

Average Listing Price $251,778 +842.3% w-o-w
Median Sales Price $38,396 +3.8% y-o-y
Average Price/sqft $32 +14.3% y-o-y
Number of Sales 14 +7.7 % y-o-y

Most popular zip codes Avg. listing Price
Week ending Mar 4
w-o-w
48009 $950,977 -3.5%
48067 $296,495 -1.7%
48073 $224,607 +0.6%
48178 $439,896 -0.4%
48322 $386,757 -1.6%
Movers & Shakers Avg. listing price
Week ending Mar 4
w-o-w
48227 $251,778 +842.3%
48240 $96,880 +18.9%
48234 $28,502 +10.0%
48329 $300,328 -5.6%
48084 $545,657 -5.5%
View Oakland County Home Prices Map

Summary for Detroit, 48227


The median sales price for homes in ZIP code 48227 in Detroit from Dec 14 to Mar 15 was $38,396 based on 14 sales. Compared to the same period one year ago, the median sales price increased 3.8%, or $1,395, and the number of sales increased 7.7%. Average price per square foot for homes in 48227 was $32, an increase of 23.1% compared to the same period last year. There are currently 115 resale and new homes in ZIP code 48227 on Trulia, including 126 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in 48227 was $251,778 for the week ending Mar 04, which represents an increase of 842.3%, or $225,058, compared to the prior week. Popular ZIP codes in Detroit include 48221 and 48214, with average listing prices of $43,368 and $248,097.


District Type Grades Schools Students
Detroit Public Schools Public K - 12 189 97,224
University Preparatory Academy (psad) Public K - 12 4
School Name School Type Grades Parent Rating
Edison Elementary School Public K - 5
Coleman A. Young Elementary School Public PK - 5
Communication And Media Arts High School Public 9 - 12
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Stats & Trends
Homes for Sale in 48227
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