Zip lookup · MI

48208
Detroit, Michigan.

Detroit, Wayne County, MI · Detroit-Warren-Dearborn, MI metro · population 8,037

What it costs per month · 48208 $718/mo

to buy the typical home at today's mortgage rate — +$267 (+59%) since Jan 2020.

What the home itself did
1 year
Down $15,678 -10%
$152,536$136,858 since Sep 2025
5 years
Down $26,446 -16%
$163,305$136,858 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 48208 $718 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 48208$718
  • United States$1,922

At the last five years' pace, prices here aren't rising.

Typical home values in zip 48208 fell 10.3% over the past year — slower than the nation's +1.2%.

Zillow also publishes an index for the city itself: Detroit, MI — measured over the city limits, which is a different area from this zip.

Asking rent $1,306 as of Aug 2026
Typical home value $136,858 as of Sep 2026
-10.3%year on year

Asking rent — 48208

Against the Detroit-Warren-Dearborn, MI metro and the national benchmark.

$1,200 $1,400 $1,600 $1,800 2026 48208 $1,306 Detroit $1,507 United States $1,930
$1,200 $1,400 $1,600 $1,800 2026
  • 48208$1,306
  • Detroit$1,507
  • United States$1,930

Typical home value — 48208

Mid-tier homes, smoothed and seasonally adjusted.

$100,000 $200,000 $300,000 2018 2020 2022 2024 2026 48208 $136,858 Detroit $264,316 United States $366,157
$100,000 $200,000 $300,000 2018 2022 2026
  • 48208$136,858
  • Detroit$264,316
  • United States$366,157

Within 20 miles

Showing 30 of 106 zips in range — sorting picks from all 106.

Miles sorted ascending, activate to sort descending Zip activate to sort by Zip City activate to sort by City Population activate to sort by Population Rent activate to sort by Rent Home value activate to sort by Home value
1.6 48201 Detroit 15,091 $1,568 $420,528
1.7 48216 Detroit 5,865 $1,686 $190,997
1.9 48202 Detroit 15,780 $1,411 $184,429
2.0 48206 Detroit 15,227 $1,227 $90,915
2.1 48210 Detroit 26,722 — $71,227
2.4 48226 Detroit 6,831 $2,042 $319,011
2.9 48204 Detroit 20,696 $1,128 $56,559
3.2 48209 Detroit 27,184 $934 $89,192
3.3 48211 Detroit 5,419 — $56,890
4.1 48207 Detroit 20,848 $1,439 $146,835
4.2 48238 Detroit 24,731 $1,247 $54,502
4.6 48212 Hamtramck 43,384 $1,181 $128,138
5.0 48126 Dearborn 51,997 $1,839 $236,680
5.1 48120 Dearborn 8,323 $1,588 $252,431
5.1 48203 Highland Park 20,049 $1,313 $60,415
5.5 48214 Detroit 18,595 $1,114 $91,894
5.7 48218 River Rouge 7,011 — $83,290
5.8 48227 Detroit 40,302 $1,376 $67,593
5.8 48217 Detroit 6,564 — $55,466
6.0 48213 Detroit 20,075 $1,356 $43,447
6.2 48221 Detroit 41,392 $1,302 $134,161
6.3 48234 Detroit 32,760 $1,274 $52,022
6.5 48122 Melvindale 12,554 $1,163 $138,484
6.5 48228 Detroit 50,117 $1,174 $66,264
7.3 48215 Detroit 10,322 — $91,043
7.3 48229 Ecorse 9,061 — $77,852
7.6 48235 Detroit 45,600 $1,366 $92,152
7.8 48030 Hazel Park 14,963 $1,525 $154,149
7.9 48220 Ferndale 21,527 $1,654 $241,047
8.1 48205 Detroit 34,187 $1,276 $50,037

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.