Poletown East, Detroit, MI—48211
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Poletown East, Detroit, MI
As of Oct '25, the median home price in Poletown East, Detroit, MI is $58,000, with a year-over-year change of -6.5%. This indicates that home prices in Poletown East, Detroit, MI are decreasing. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $58,000 | -6.5% |
| Single Family | $58,000 | -7.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $53,000 | -13.1% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
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.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,520 |
| Studio Rent | $1,100 | $1,100 |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,400 | $1,730 |
| 3 Bed Rent | $1,200 | $1,320 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Poletown East, Detroit, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Poletown East, Detroit, MI is 115. This is a increase of 20.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $47,000 | -66.0% |
Listing Count | 16 | -13.0% |
| Listings as % of Homes | 0.6% | -13.0% |
Days on Market | 115 | 20.0% |
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.
| Metric | Latest Census | YoY % 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% |
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
| Metric | Latest Census | 5-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% |
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
| Metric | Zip 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% |
Loan Activity
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 Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $920 |
| 2 Bedroom | -$230 | $1,400 | $1,170 |
| 3 Bedroom | $240 | $1,200 | $1,440 |
| 4 Bedroom | N/A | N/A | $1,550 |
Affordability — Poletown East, Detroit, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.5 |
| Median Home Price | $58,000 |
| Median Household Income | $33,300 |