48234 — Detroit, MI Home Values
Typical home value $54,127 as of June 2026 · 215th of 217 in Detroit-Warren-Dearborn, MI
Blue: typical home value (Zillow ZHVI) in ZIP code 48234, June 2021 to June 2026. This page shows observed data only; no forecast.
How 48234 compares in the Detroit-Warren-Dearborn, MI area
ZIP code 48234 (Detroit, MI) has a typical home value of $54,127 as of June 2026, ranking 215th 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 -9.7% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +7.2%, from $50,498 in June 2021 to $54,127 in June 2026. Against observed rent, the typical home here sells for 3.7× the annual rent ($1,217/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 48234 has a population of 32,406, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 95% Black or African American, 2.9% White, 0.8% Hispanic or Latino, 0.6% two or more races, 0.5% Asian, 0.2% another race, and 0.1% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Cornerstone JeffersonDouglass Academy | 6861 E NEVADA ST, DETROIT, MI | 0.5 mi |
| Marion Law Academy | 19411 CLIFF ST, DETROIT, MI | 0.7 mi |
| Legacy Charter Academy | 4900 E HILDALE ST, DETROIT, MI | 0.8 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 48234?
$54,127 as of June 2026, the latest month Zillow has published observed data for.
Is 48234 an expensive ZIP code in the Detroit-Warren-Dearborn, MI area?
48234 ranks 215th 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 48234 changed over the past year?
-9.7% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 48234?
The typical home price is 3.7× the observed annual rent in this ZIP code ($1,217/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 48234?
32,406, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 48234?
Cornerstone JeffersonDouglass Academy (0.5 mi), Marion Law Academy (0.7 mi), Legacy Charter Academy (0.8 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 48234?
No. Every number on this page is observed Zillow data as of June 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.