Conner Creek, Detroit, MI—48213
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Conner Creek, Detroit, MI
As of Oct '25, the median home price in Conner Creek, Detroit, MI is $49,000, with a year-over-year change of -3.3%. This indicates that home prices in Conner Creek, Detroit, MI are decreasing. According to Zillow, the 1-year price projection is -0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $49,000 | -3.3% |
| Single Family | $48,000 | -5.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $42,000 | -4.5% |
3 Bed | $52,000 | -5.5% |
4 Bed | $61,000 | -7.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Conner Creek, Detroit, MI
As of July '25, Rentcast reports the average rent in Conner Creek, Detroit, MI is $1,210, with a year-over-year rent change of 13.1%. Per bedroom, the median rent as of July '25 in Conner Creek, Detroit, MI is 1-bedrooms: $724, 2-bedrooms: $1,060, 3-bedrooms: $1,310, 4-bedrooms: $1,400. The most common rental property sizes in Conner Creek, Detroit, MI are 3-bedroom and 2-bedroom, accounting for 34.8% and 29.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,250 | $1,210 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $700 | $724 |
| 2 Bed Rent | $1,000 | $1,060 |
| 3 Bed Rent | $1,350 | $1,310 |
| 4 Bed Rent | $1,450 | $1,400 |
% of Rental Stock
Property Listings — Conner Creek, Detroit, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Conner Creek, Detroit, MI is 59. This is a decrease of -17.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $80,000 | 16.0% |
Listing Count | 91 | 1.0% |
| Listings as % of Homes | 0.4% | 1.0% |
Days on Market | 59 | -17.0% |
Demographics — Conner Creek, Detroit, MI
As of the latest ACS Survey released in 2023, Conner Creek, Detroit, MI has a population of 19,900, which has decreased by -12.8% over the past 5 years. Conner Creek, Detroit, MI is a moderately popular place for families, as children make up 24.6% of the population. The area has a poorly educated workforce, with 7.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,900 | -12.8% |
% Under 18 | 24.6% | 9.3% |
% Seniors | 17.3% | 8.8% |
% WFH | 8.8% | 225.9% |
% w/ College Degree | 7.2% | 9.1% |
As of the latest ACS Survey released in 2023, Conner Creek, Detroit, MI is a predominantly black area, with 93.6% of the population identifying as black. The black population has shrunk by 3.3% in the last 5 years. The second most common race or ethnicity in Conner Creek, Detroit, MI is white, making up 3.9% of the population. Foreign-born residents account for 1.8% of the population in Conner Creek, Detroit, MI, and this percentage has increased by 500.0% 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 | 3.9% | 95.0% |
% Black | 93.6% | -3.3% |
% Hispanic | 2.3% | 228.6% |
% Asian | 0.1% | 0.0% |
% Foreign Born | 1.8% | 500.0% |
Mortgage and Risk — Conner Creek, Detroit, MI
According to HUD data as of 2023, there were 67 mortgage originations in Conner Creek, Detroit, MI, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Conner Creek, Detroit, MI. Investor activity is low, as 12.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 67 |
% Conventional Loans | 69.0% |
% Government Loans | 31.0% |
% Investor Loans | 12.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Conner Creek, Detroit, MI
As of 2024, the percent of homes in Conner Creek, Detroit, MI under the Section 8 program is 16.6%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Conner Creek, Detroit, MI, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 911 |
Total Units Section 8 | 502 |
% Rentals under Section 8 | 16.6% |
% Occupied Section 8 | 87.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $220 | $700 | $920 |
| 2 Bedroom | $170 | $1,000 | $1,170 |
| 3 Bedroom | $90 | $1,350 | $1,440 |
| 4 Bedroom | $100 | $1,450 | $1,550 |
Affordability — Conner Creek, Detroit, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.2 |
| Median Home Price | $49,000 |
| Median Household Income | $33,800 |