Eastpointe, MI 48021 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Eastpointe, MI—48021

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$151,000

5.2% YoY Growth

Household Income

$58,200

24.7% YoY Growth

Days on Market

5.0% Shorter YoY

Home Price Forecast

2.2%

Median Rent

$1,300

0.0% YoY Growth

1-Bed Rent

$975

0.3% YoY Growth

2-Bed Rent

$1,200

7.6% YoY Growth

3-Bed Rent

$1,400

0.0% YoY Growth

Home Price Trends — Eastpointe, MI

As of Nov '25, the median home price in Eastpointe, MI is $151,000, with a year-over-year change of 5.2%. This indicates that home prices in Eastpointe, MI are increasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$151,000	5.2%
Single Family	$151,000	4.9%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Eastpointe, MI

As of July '25, Rentcast reports the average rent in Eastpointe, MI is $1,320, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Eastpointe, MI is 1-bedrooms: $985, 2-bedrooms: $1,270, 3-bedrooms: $1,410, 4-bedrooms: $1,700. The most common rental property sizes in Eastpointe, MI are 3-bedroom and 2-bedroom, accounting for 57.2% and 23.3% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,300	$1,320
Studio Rent	N/A	N/A
1 Bed Rent	$975	$985
2 Bed Rent	$1,200	$1,270
3 Bed Rent	$1,400	$1,410
4 Bed Rent	$1,700	$1,700

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% of Rental Stock

Studio

3.7%

1 Bedroom

11.8%

2 Bedrooms

23.3%

3 Bedrooms

57.2%

4 Bedrooms

3.7%

5+ Bedrooms

0.2%

Property Listings — Eastpointe, MI

As of Nov '25, Realtor.com reports that the median days on market for a home in Eastpointe, MI is 37. This is a decrease of -5.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$160,000	5.0%
Listing Count	167	16.0%
Listings as % of Homes	0.8%	16.0%
Days on Market	37	-5.0%

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Demographics — Eastpointe, MI

As of the latest ACS Survey released in 2023, Eastpointe, MI has a population of 34,000, which has increased by 4.7% over the past 5 years. Eastpointe, MI is a moderately popular place for families, as children make up 23.0% of the population. The area has a poorly educated workforce, with 14.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	34,000	4.7%
% Under 18	23.0%	-7.6%
% Seniors	13.2%	22.2%
% WFH	9.3%	158.3%
% w/ College Degree	14.8%	0.0%

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As of the latest ACS Survey released in 2023, Eastpointe, MI is a predominantly black area, with 53.1% of the population identifying as black. The black population has grown by 7.7% in the last 5 years. The second most common race or ethnicity in Eastpointe, MI is white, making up 38.5% of the population. Foreign-born residents account for 2.9% of the population in Eastpointe, MI, and this percentage has increased by 16.0% 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	38.5%	-12.3%
% Black	53.1%	7.7%
% Hispanic	0.9%	-50.0%
% Asian	0.8%	14.3%
% Foreign Born	2.9%	16.0%

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Mortgage and Risk — Eastpointe, MI

According to HUD data as of 2023, there were 713 mortgage originations in Eastpointe, MI, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 54.0% above 90% LTV (very high). This implies large mortgage risk in Eastpointe, MI. Investor activity is low, as 3.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	713
% Conventional Loans	64.0%
% Government Loans	36.0%
% Investor Loans	3.0%
% Second Loans	0.0%
% Cash Out Refinance	12.0%

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Rentals and Section 8 — Eastpointe, MI

As of 2024, the percent of homes in Eastpointe, MI under the Section 8 program is 15.9%. 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 Eastpointe, 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	834
Total Units Section 8	670
% Rentals under Section 8	15.9%
% Occupied Section 8	83.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$205	$975	$1,180
2 Bedroom	$290	$1,200	$1,490
3 Bedroom	$430	$1,400	$1,830
4 Bedroom	$280	$1,700	$1,980

Eastpointe, MI—48021

Key Metrics at a Glance

Home Price Trends — Eastpointe, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Eastpointe, MI

% of Rental Stock

Property Listings — Eastpointe, MI

Demographics — Eastpointe, MI

Race and Ethnicity

Mortgage and Risk — Eastpointe, MI

Mortgages

Rentals and Section 8 — Eastpointe, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Eastpointe, MI

Home Price to Income Ratio

Eastpointe, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Harper Woods, MI

Roseville, MI

Saint Clair Shores, MI

Regent Park, Detroit, MI

Warren, MI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.3
Median Home Price	$151,000
Median Household Income	$58,200

Eastpointe, MI—48021

Key Metrics at a Glance

Home Price Trends — Eastpointe, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Eastpointe, MI

% of Rental Stock

Property Listings — Eastpointe, MI

Demographics — Eastpointe, MI

Race and Ethnicity

Mortgage and Risk — Eastpointe, MI

Mortgages

Rentals and Section 8 — Eastpointe, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Eastpointe, MI

Home Price to Income Ratio

Eastpointe, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Harper Woods, MI

Roseville, MI

Saint Clair Shores, MI

Regent Park, Detroit, MI

Warren, MI

Frequently Asked Questions

What is the average home price in Eastpointe, MI 48021?

How have home prices in Eastpointe, MI 48021 changed over the past year?

What is the home price projection for Eastpointe, MI 48021?

What are the demographics of Eastpointe, MI 48021?

How long does it take homes to sell in Eastpointe, MI 48021?

What is the average rent price in Eastpointe, MI 48021?