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Detroit, MI 48201 Multi-family Properties For Sale

The median home value in Detroit, MI 48201 is $405,800. This is higher than the county median home value of $150,200. The national median home value is $338,100. The average price of homes sold in Detroit, MI 48201 is $405,800. Approximately 8.72% of Detroit, MI 48201 homes are owned, compared to 71.55% rented, while 19.73% are vacant. Detroit, MI 48201 real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Detroit, MI 48201 real estate agent to arrange a tour today!

Learn More About Detroit, MI 48201 Real Estate

Statistics & facts

15,181 Population
$405K Medium Home Value
7,741 # of Households
19.73% Housing Vacancy
45.94% Future Job Growth
2.40% Unemployment Rate

Andrea Conner, Maryland License 667140, Xome Inc., License 667140, AndreaD.Conner@Xome.com, 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
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© BRIGHT, All Rights Reserved - The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Xome Inc. participates, and is provided by BRIGHT through a licensing agreement. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.


Population

Detroit, MI 48201 has a population of approximately 15,181 and experiences a population change rate of 0.67%. The population density is 7,571.6 / sq mi.

Household

The median household income for Detroit, MI 48201 is $21,180, with 7,741 households and an average household size of 1.72.

Cost of Living

The cost of living index in Detroit, MI 48201 is 106.6%.

Home Value

The median value of a home in Detroit, MI 48201 is $405,800 with an appreciation rate of 9.7%. 8.7% of housing in the zip code is owned while 71.5% is rented.

Employment

The unemployment rate in Detroit, MI 48201 is 2.40%, and recent job growth is at 1.22%. Future job growth is projected at 45.94%.

Taxes

The sales tax rate in Detroit, MI 48201 is 6.00%, while the income tax rate is 4.25%.

Education

School expenditures in Detroit, MI 48201 are $13,771, and the school ratio is 17.7:1.

Weather

The average high temperature in July is 83.7 degrees, with an average low temperature in January of 18.8 degrees. The average rainfall is approximately 33.2 inches per year, with 33.8 inches of snow per year.

Education near Detroit MI, 48201

Metric City County
High School Graduates 82.61 87.61
College Degree - 2 year 7.43 8.59
College Degree - 4 year 16.23 25.82
Graduate Degree 5.15 7.79
Expenditures per Student $13,771 $13,771
Students per Teacher 17.70 17.70

Elementary Schools near Detroit MI , 48201

School Grades Students P/T Ratio ZIP
Burton International School PK - 08 543 18.7 48208
Gee Edmonson Academy PK - 08 253 33.7 48201
George Crockett Academy PK - 08 312 20.3 48208
Golightly Education Center PK - 08 378 17.2 48202
Henry Ford Academy: School for Creative Studies - Elementary KG - 05 389 15 48202
Munger Elementary-Middle School PK - 08 856 19.4 48216
Spain Elementary-Middle School PK - 08 531 21.5 48201
University Preparatory Academy (Psad) - Elementary KG - 05 476 15.9 48202
University Preparatory Academy (Psad) - Elementary KG - 05 363 14.5 48202

Middle Schools near Detroit MI , 48201

School Grades Students P/T Ratio ZIP
Capstone Academy Charter School (Sda) - North Campus 04 - 12 0 23 48202
Casa Richard Academy 09 - 12 84 21 48216
University Preparatory Academy (Psad) - Middle 06 - 08 416 14.9 48202
University Preparatory Science and Math (Psad) Middle School 06 - 08 442 17.7 48202

High Schools near Detroit MI , 48201

School Grades Students P/T Ratio ZIP
Benjamin Carson School for Science and Medicine 09 - 12 457 19.9 48201
CASS Technical High School 09 - 12 2320 24.9 48201
Detroit Collegiate Preparatory High School @ Northwestern 09 - 12 628 17.4 48208
Detroit Delta Preparatory Academy for Social Justice 09 - 12 46 10.2 48201
Detroit Public Safety Academy 07 - 12 141 15.2 48216
Detroit School of Arts 09 - 12 592 17.9 48201
Plymouth Educational Center Preparatory High School 09 - 12 311 22.2 48202
Schools for the Future Detroit 09 - 12 36 10.3 48201
University Preparatory Academy (Psad) - High School 09 - 12 573 15.6 48202

Ungraded Schools near Detroit MI , 48201

School Grades Students P/T Ratio ZIP
* Covenant House Academy Detroit - Central Site 09 - 12 294 36.8 48208
* Detroit City West Side Academy for Leadership Development 09 - 12 489 18.8 48208
Blanche Kelso Bruce Academy - St. Antoine 05 - 12 108 6.8 48226
Capstone Academy Charter School (Sda) - South Campus 04 - 12 85 14.2 48201
Detroit International Academy for Young Women PK - 12 392 11.2 48202
Douglass Academy for Young Men 06 - 12 214 6.1 48208
Experiencia Preparatory Academy KG - 12 338 16.9 48201
Henry Ford Academy: School for Creative Studies (Psad) 06 - 12 840 17.9 48202
Pathways Global Leadership Academy UG - UG 0 null 48202
Way Michigan 06 - 12 41 78.8 48226

Top 15 Zip Codes for real estate in Detroit

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