Homes For Sale & Real Estate in 48216

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United StatesMichiganDetroit48216

48216 Real Estate Insights

ZIP code 48216 is located in Detroit, Michigan.

Those who love to eat will always have exciting dining options in ZIP code 48216 as there are great restaurants with many styles of cuisine like buffets, delis and Mexican. The nightlife in this location has a lot to offer; there is always a good place to start for a fun night out with friends. Featuring venues such as music halls, cultural centers and performing arts spots, there are plenty of arts and entertainment venues around ZIP code 48216 that offer something for everyone. It's easy to see why this is such a great shopping destination; shops like uniform stores, art galleries and wholesale stores offer good variety in one location. Say hello to those walking shoes and a fitter you because walking is a great way to get to work around ZIP code 48216.

There are many homes at ZIP code 48216 that are not occupied by owners. Married couples may find themselves struggling to find double dates, since this area is home to many bachelors and single ladies. According to public data, people living in this locale have a lower income than average.

In ZIP code 48216, home prices depreciated prominently by a 14.8 percent year-over-year, providing future buyers with lower budgets a better range of options. The average listing price last year was $191,400. At the same time, number of homes for sale on the market increased noticeably by 20 percent. Inventory in last year hit 5 homes for sale, which extended to 6 in this year, allowing buyers a larger scope of the market in their home searches. This place has some great historic estates so if you move to one of these homes, you'll be inheriting a piece of history.