48205 — Detroit, MI Home Values
Typical home value $53,139 as of August 2026 · 216th of 217 in Detroit-Warren-Dearborn, MI
Blue: typical home value (Zillow ZHVI) in ZIP code 48205, August 2021 to August 2026. This page shows observed data only; no forecast.
How 48205 compares in the Detroit-Warren-Dearborn, MI area
ZIP code 48205 (Detroit, MI) has a typical home value of $53,139 as of August 2026, ranking 216th of 217 ZIP codes tracked in the Detroit-Warren-Dearborn, MI area, more expensive than about 1% of ZIP codes in the metro. Prices here have moved -13.1% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +5.4%, from $50,406 in August 2021 to $53,139 in August 2026. Against observed rent, the typical home here sells for 3.4× the annual rent ($1,284/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 48205 has a population of 32,466, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 94.3% Black or African American, 3.2% White, 1% two or more races, 0.7% Asian, 0.5% Hispanic or Latino, 0.2% another race, and 0.1% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Pulaski ElementaryMiddle School | 13840 LAPPIN ST, DETROIT, MI | 0.2 mi |
| Turning Point Academy | 18501 WALTHAM ST, DETROIT, MI | 0.7 mi |
| Trix Academy | 20045 JOANN ST, DETROIT, MI | 0.9 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 48205?
$53,139 as of August 2026, the latest month Zillow has published observed data for.
Is 48205 an expensive ZIP code in the Detroit-Warren-Dearborn, MI area?
48205 ranks 216th of 217 ZIP codes in the Detroit-Warren-Dearborn, MI area by typical home value, more expensive than about 1% of ZIP codes in the metro.
How much have home values in 48205 changed over the past year?
-13.1% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 48205?
The typical home price is 3.4× the observed annual rent in this ZIP code ($1,284/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 48205?
32,466, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 48205?
Pulaski ElementaryMiddle School (0.2 mi), Turning Point Academy (0.7 mi), Trix Academy (0.9 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 48205?
No. Every number on this page is observed Zillow data as of August 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.