SIALIMStatistical Intelligence for America's Local Investment Markets

48227Detroit, MI Home Values

Typical home value $68,254 as of July 2026 · 208th of 217 in Detroit-Warren-Dearborn, MI

Typical value — July 2026
$68,254
observed, not a forecast
Past 12 months
-1.0%
trailing year-over-year change
Past 5 years
+14.6%
July 2021 to July 2026
Rank in metro
208th
of 217 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 48227, July 2021 to July 2026. This page shows observed data only; no forecast.

How 48227 compares in the Detroit-Warren-Dearborn, MI area

ZIP code 48227 (Detroit, MI) has a typical home value of $68,254 as of July 2026, ranking 208th of 217 ZIP codes tracked in the Detroit-Warren-Dearborn, MI area, more expensive than about 5% of ZIP codes in the metro. Prices here have moved -1.0% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +14.6%, from $59,552 in July 2021 to $68,254 in July 2026. Against observed rent, the typical home here sells for 4.2× the annual rent ($1,361/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.

Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Detroit-Warren-Dearborn, MI forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Detroit.

Population and demographics

ZIP code 48227 has a population of 39,474, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 95.3% Black or African American, 2.1% two or more races, 1.4% White, 0.9% Hispanic or Latino, 0.1% American Indian or Alaska Native, and 0.1% Asian.

Nearby public schools

SchoolAddressDistance
Burns ElementaryMiddle School14350 TERRY ST, DETROIT, MI0.4 mi
Dossin ElementaryMiddle School16650 GLENDALE ST, DETROIT, MI1 mi
Edison Elementary School17045 GRAND RIVER AVE, DETROIT, MI1.3 mi

Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.

Frequently asked questions

What is the typical home value in ZIP code 48227?

$68,254 as of July 2026, the latest month Zillow has published observed data for.

Is 48227 an expensive ZIP code in the Detroit-Warren-Dearborn, MI area?

48227 ranks 208th of 217 ZIP codes in the Detroit-Warren-Dearborn, MI area by typical home value, more expensive than about 5% of ZIP codes in the metro.

How much have home values in 48227 changed over the past year?

-1.0% over the trailing 12 months, from observed Zillow data.

Is it cheaper to buy or rent in ZIP code 48227?

The typical home price is 4.2× the observed annual rent in this ZIP code ($1,361/mo). Lower multiples favor buying over renting, all else equal.

What is the population of ZIP code 48227?

39,474, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 48227?

Burns ElementaryMiddle School (0.4 mi), Dossin ElementaryMiddle School (1 mi), Edison Elementary School (1.3 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.

Is this page showing a forecast for 48227?

No. Every number on this page is observed Zillow data as of July 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Detroit-Warren-Dearborn, MI forecast for a modeled outlook.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.