Home »  Summary » Detroit, Michigan 48205 Community Demographics - Housing Inventory, Stability and Age
Detroit, Michigan 48205
| Housing Inventory by Status | Detroit, MI 48205 | Michigan | United States | |||
|---|---|---|---|---|---|---|
| Vacant Dwellings | 2,828 | 15.71% | 707,030 | 15.36% | 16,022,581 | 12.36% |
| Owner-Occupied Dwellings | 10,239 | 56.89% | 2,944,958 | 63.98% | 76,800,825 | 59.23% |
| Renter-Occupied Dwellings | 4,932 | 27.4% | 950,865 | 20.66% | 36,833,603 | 28.41% |
| Total Dwellings | 17,999 | 4,602,853 | 129,657,009 | |||
| Housing Stability | Detroit, MI 48205 | Michigan | United States |
|---|---|---|---|
| Median Dwelling Age | 49 years | 35 years | 29 years |
| Median Years in Residence | 3 years | 4 years | 3 years |
| Annual Residential Turnover | 11% | 10% | 18% |
| Median Sale Price | $67,448 | N / A | N / A |
The data for Detroit, MI 48205 may also contain data for the following areas: Detroit
Housing inventory by status: Provides a breakdown of the number of dwellings in an area by status.
Median dwelling age: Half the dwellings in the area are older than this, half are newer.
Median years in residence: Half the households in the area have had the same primary householder for longer than this; half have had the same primary householder for less time.
Annual residential turnover: Percentage of households in the area where primary householder changed in past year.
Average home sale price: Average residential home sales price for four recent quarters, based on actual sales collected from Assessor’s offices. All included sales are arms length transactions greater than $25,000 representing single family and multi-family (2-4) residential sales. Note: this field is only available for approximately 1200 counties nationally.
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