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Poletown East, Detroit, MI—48211

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$59,000
7.9% YoY Growth
Household Income
$33,300
41.9% YoY Growth
Days on Market
68
9.0% Shorter YoY
Home Price Forecast
1.2%
Median Rent
$1,400
3.2% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,400
25.4% YoY Growth
3-Bed Rent
$1,200
32.3% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Poletown East, Detroit, MI

As of Dec '25, the median home price in Poletown East, Detroit, MI is $59,000, with a year-over-year change of -7.9%. This indicates that home prices in Poletown East, Detroit, MI are decreasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$59,000-7.9%
Single Family $58,000-9.4%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		$53,000-13.1%
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    3.0%
    1 Bedroom
    8.1%
    2 Bedrooms
    33.9%
    3 Bedrooms
    34.0%
    4 Bedrooms
    12.8%
    5+ Bedrooms
    8.2%

    Rental Trends — Poletown East, Detroit, MI

    As of July '25, Rentcast reports the average rent in Poletown East, Detroit, MI is $1,520, with a year-over-year rent change of -3.2%. Per bedroom, the median rent as of July '25 in Poletown East, Detroit, MI is studios: $1,100, 2-bedrooms: $1,730, 3-bedrooms: $1,320. The most common rental property sizes in Poletown East, Detroit, MI are 2-bedroom and 3-bedroom, accounting for 47.9% and 24.8% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,400$1,520
    Studio Rent $1,100$1,100
    1 Bed Rent N/AN/A
    2 Bed Rent $1,400$1,730
    3 Bed Rent $1,200$1,320
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    5.7%
    1 Bedroom
    11.4%
    2 Bedrooms
    47.9%
    3 Bedrooms
    24.8%
    4 Bedrooms
    5.6%
    5+ Bedrooms
    4.7%

    Property Listings — Poletown East, Detroit, MI

    As of Dec '25, Realtor.com reports that the median days on market for a home in Poletown East, Detroit, MI is 52. This is a increase of 3.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$47,400-62.0%
    Listing Count
    		132.0%
    Listings as % of Homes0.6%2.0%
    Days on Market
    		68-9.0%
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    Demographics — Poletown East, Detroit, MI

    As of the latest ACS Survey released in 2023, Poletown East, Detroit, MI has a population of 5,560, which has decreased by -12.1% over the past 5 years. Poletown East, Detroit, MI is a popular place for families, as children make up 27.4% of the population. The area has a poorly educated workforce, with 16.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.5% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		5,560-12.1%
    % Under 18
    		27.4%1.1%
    % Seniors
    		12.4%47.6%
    % WFH
    		1.5%-6.2%
    % w/ College Degree
    		16.1%98.8%
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    As of the latest ACS Survey released in 2023, Poletown East, Detroit, MI is a predominantly white area, with 45.5% of the population identifying as white. The white population has grown by 31.9% in the last 5 years. The second most common race or ethnicity in Poletown East, Detroit, MI is black, making up 42.4% of the population. Foreign-born residents account for 25.2% of the population in Poletown East, Detroit, MI, and this percentage has increased by 55.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		45.5%31.9%
    % Black
    		42.4%-25.7%
    % Hispanic
    		1.9%111.1%
    % Asian
    		2.5%92.3%
    % Foreign Born
    		25.2%55.6%
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    Mortgage and Risk — Poletown East, Detroit, MI

    According to HUD data as of 2023, there were 7 mortgage originations in Poletown East, Detroit, MI, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Poletown East, Detroit, MI. Investor activity is low, as 14.0% of loans were by investors. 29.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		7
    % Conventional Loans
    		86.0%
    % Government Loans
    		14.0%
    % Investor Loans
    		14.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		29.0%
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    Rentals and Section 8 — Poletown East, Detroit, MI

    Poletown East, Detroit, MI lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		46
    Total Units Section 8
    		45
    % Rentals under Section 8
    		3.4%
    % Occupied Section 8
    		83.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$920
    2 Bedroom-$230$1,400$1,170
    3 Bedroom$240$1,200$1,440
    4 BedroomN/AN/A$1,550

    Affordability — Poletown East, Detroit, MI

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio1.5
    Median Home Price$59,000
    Median Household Income$33,300

    Poletown East, Detroit, MI — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Hamtramck, MI

    48212

    New Center, Detroit, MI

    48202

    Midtown, Detroit, MI

    48201

    Lafayette Park, Detroit, MI

    48207

    Osborn, Detroit, MI

    48234

    Frequently Asked Questions