48207 Real Estate Market Overview

Could Detroit, MI 48207 be your next home? Kick-start your search with Trulia’s real estate guide and home search. With interactive maps and charts, Trulia provides a comprehensive overview of market trends, schools, demographics, and lifestyle data to help you learn all about 48207. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near 48207 such as Grosse... Pointe Farms and Redford. When you’re ready, Trulia has 49 resale and new homes in 48207 lined up for you, including open houses, and homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$140,000

Median Sales Price

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$40

Price Per Sqft

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$1,550

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in 48207 show a 1% year-over-year rise in median sales price and a 9% rise in median rent per month.

Median Sales Price
The median sales price for homes in 48207 for May 24 to Aug 23 was $140,000 based on 4 home sales.
Price Per Square Ft.
Average price per square foot for 48207 was $40, a decrease of -74% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in 48207 for Jul 24 to Aug 24 was $1,550.

Crime

Most frequent crimes in the past year

48207 has low crime relative to the rest of Wayne County.

Knowing more about crime activity in and around 48207 can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.

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1,018

Counts of Theft

530

Counts of Assault

264

Counts of Vandalism


Best Schools in 48207

There are 32 schools in 48207.

Elementary Schools
6

Chrysler Elementary School

Public, K-5

6

Edison Public School Academy

Charter, K-12

5

Foreign Language Immersion And Cultural Studies

Public, K-8

Middle Schools
6

Edison Public School Academy

Charter, K-12

5

Foreign Language Immersion And Cultural Studies

Public, K-8

5

Nichols Elementary-Middle School

Public, K-8

High Schools
7

Cass Technical High School

Public, 9-12

6

Edison Public School Academy

Charter, K-12

5

Communication And Media Arts High School

Public, 9-12


Demographics

Get to know your neighbors in 48207 by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.

Single residents
55%
Single residents
Home owners
42%
Home owners
Median age
47
Median age
Household income
$21,276
Median household income
College educated
17%
College educated

Commute

Most people in 48207 commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.

Commute Type
85% commute by car
0% commute by bike
10% commute by public transportation
4% commute by foot

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