Detroit, 48228 Market Trends


Median Sales Price in Detroit, 48228

 

1 yr 5 yr Max
Detroit, 48228 median sales prices
Number of sold homes in Detroit, 48228
Location Jan - Apr '14 y-o-y 3 months prior 1 year prior 5 years prior
48228 $32,000 -19.4% $29,000 $39,709 $77,000
Detroit $38,200 +0.5% $42,000 $38,000 $50,380
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Summary for Detroit, 48228


The median sales price for homes in ZIP code 48228 for Jan 14 to Apr 14 was $32,000. This represents an increase of 10.3%, or $3,000, compared to the prior quarter and a decrease of 19.4% compared to the prior year. Sales prices have depreciated 58.4% over the last 5 years in 48228, Detroit. The median sales price of $32,000 for 48228 is 16.23% lower than the median sales price for Detroit MI. Average listing price for homes on Trulia in ZIP code 48228 was $20,715 for the week ending Apr 09, which represents an increase of 0.2%, or $46 compared to the prior week and an increase of 1.3%, or $273, compared to the week ending Mar 19. Average price per square foot for homes in 48228 was $36 in the most recent quarter, which is 0.00% higher than the average price per square foot for homes in Detroit.

Average Listing Price in Detroit, 48228

 

Detroit, 48228 average property price
Detroit, 48228 – number of properties
Location Week ending
Apr 9
w-o-w Week ending
Apr 2
Week ending
Mar 26
Week ending
Mar 19
48228 $20,715 +0.2% $20,669 $20,866 $20,442
Detroit $50,555 +5.4% $47,969 $45,738 $44,593
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Average Price Per Sqft. for Homes in Detroit, 48228

 

1 yr 5 yr Max
Detroit, 48228 average price per square foot
Location Jan - Apr '14 y-o-y 3 months prior 1 year prior 5 years prior
48228 $36 +5.9% $39 $34 $75
Detroit $36 +9.1% $53 $33 $55
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Popular Zips in Detroit


Zips Week ending
Apr 9
w-o-w Week ending
Apr 2
Week ending
Mar 26
48221 1 1 1
48224 2 2 3
48214 3 3 2
48227 4 4 10
48206 5 5 4
48219 6 6 5
Stats & Trends
Homes for Sale in 48228
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