Detroit, 48227 Real Estate Overview


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  • Amenities
  • Affordability
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Average Listing Price

  • $24,447
  • for week ending Jan 14
  • -$771
  • -3.1%
  • w-o-w

Median Sales Price

  • $40,000
  • Oct '14 - Jan '15
  • $4,500
  • -10.1%
  • y-o-y

Most popular zip codes Avg. listing Price
Week ending Jan 14
w-o-w
48009 $884,754 -0.3%
48067 $278,911 +5.3%
48073 $208,415 +3.5%
48322 $413,275 -0.5%
48306 $793,001 -1.6%
Movers & Shakers Avg. listing price
Week ending Jan 14
w-o-w
48226 $124,540 -43.3%
48208 $50,750 -32.8%
48238 $36,456 +21.2%
48033 $140,441 +16.9%
48375 $263,659 +16.0%
View Oakland County Home Prices Map

Summary for Detroit, 48227


The median sales price for homes in ZIP code 48227 in Detroit from Oct 14 to Jan 15 was $40,000 based on 11 sales. Compared to the same period one year ago, the median sales price decreased 10.1%, or $4,500, and the number of sales decreased 35.3%. Average price per square foot for homes in 48227 was $34, a decrease of 90.6% compared to the same period last year. There are currently 138 resale and new homes in ZIP code 48227 on Trulia, including 143 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 $24,447 for the week ending Jan 14, which represents a decrease of 3.1%, or $771, compared to the prior week. Popular ZIP codes in Detroit include 48221 and 48214, with average listing prices of $43,666 and $324,050.


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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