How much is a home worth in ZIP code 48219?

The typical home in 48219 is worth $90,152, based on the Zillow Home Value Index.

Are home values rising in 48219?

Home values in 48219 are up 3.2% over the past year, and up 5.6% a year over five years.

What is the typical rent in 48219?

A typical home in 48219 rents for about $1,217 a month, a gross rental yield of 16.2%.

What is the property tax rate in 48219?

The effective property tax rate in 48219 is 1.5% — roughly $1,371 a year on a typical home.

ZIP code 48219 has a population of 47,208 and a median household income of $43,655.

HousingHandbookReference data

…

U.S. ZIP Code · MI48219

Wayne County · Detroit-Warren-Dearborn, MI

Typical home value

$90,152^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +3.2%
5-year / yr: +5.6%
10-year / yr: +11.8%

Relative price

vs U.S.: -68.3%
vs metro: -70.2%
vs state: -62.3%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 48219 is worth $90,152 — 70.2% below the Detroit-Warren-Dearborn, MI median. Over the past year, values have risen 3.2%. Homes here rent for a typical $1,217 a month — a 16.2% gross rental yield. The effective property tax rate is 1.5%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,217^[2]
Gross yield: 16.2%^[2]
Cap rate: 9.7%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 1.5%^[3]
Typical annual tax: $1,371^[3]

#Climate risk

FEMA National Risk Index ratings for Wayne County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Very High
Coastal flood: Relatively Low
Wildfire: Very Low
Drought: No Rating
Heat wave: Relatively High
Hurricane: Very Low
Tornado: Very High
Earthquake: Relatively Moderate
Winter weather: Relatively High

#Who lives here

Population: 47,208^[3]
Median household income: $43,655^[3]

#Migration

Household moves in and out of Wayne County over a year, from IRS tax-return data.

Net migration: -4,559^[5]
Moved in: 28,607
Moved out: 33,166

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 10
Elementary: 7
Middle: 1
High: 2

Detroit Service Learning Academy Campus
Elementary · Grades PK–8 · Detroit Service Learning Academy
919 students
Charles Wright Academy of Arts and Science
Elementary · Grades PK–8 · Detroit Public Schools Community District
633 students
Henry Ford High School
High · Grades 9–12 · Detroit Public Schools Community District
605 students
Emerson ElementaryMiddle School
Elementary · Grades PK–8 · Detroit Public Schools Community District
569 students
Communication and Media Arts High School
High · Grades 9–12 · Detroit Public Schools Community District
303 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield16.2%

Net yield (after ~40% expenses)9.7%

Annual rent$14,608

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$456

Loan principal$72,121

Down payment$18,030

Total interest paid$91,987

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio0.53

Monthly cost to own$645

Monthly rent$1,217

Owning is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 76th percentile^[1]
Rental yield: 90th percentile^[2]
Property tax: 79th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

9th for best 10-year appreciation in MIView list →

Frequently asked

How much is a home worth in ZIP code 48219?: The typical home in 48219 is worth $90,152, based on the Zillow Home Value Index.
Are home values rising in 48219?: Home values in 48219 are up 3.2% over the past year, and up 5.6% a year over five years.
What is the typical rent in 48219?: A typical home in 48219 rents for about $1,217 a month, a gross rental yield of 16.2%.
What is the property tax rate in 48219?: The effective property tax rate in 48219 is 1.5% — roughly $1,371 a year on a typical home.
Who lives in 48219?: ZIP code 48219 has a population of 47,208 and a median household income of $43,655.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

48206 vs 48219 →
Detroit, MI
Typical home
$89,916
Gross yield
17.0%
48209 vs 48219 →
Detroit, MI
Typical home
$89,818
Gross yield
13.4%
48214
Detroit, MI
Typical home
$89,148
Gross yield
17.5%
48223
Detroit, MI
Typical home
$88,710
Gross yield
16.4%
48235
Detroit, MI
Typical home
$92,918
Gross yield
16.9%
48218
River Rouge, MI
Typical home
$86,558
Gross yield
—

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#Jump to section

U.S. ZIP Code · MI48219

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