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  4. /Inkster, MI - 48141

Inkster, MI—48141

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$110,000
5.5% YoY Growth
Household Income
$39,600
23.1% YoY Growth
Days on Market
35
13.0% Longer YoY
Home Price Forecast
0.8%
Median Rent
$1,300
3.2% YoY Growth
1-Bed Rent
$1,000
10.9% YoY Growth
2-Bed Rent
$1,150
1.7% YoY Growth
3-Bed Rent
$1,350
4.4% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Inkster, MI

As of May '26, the median home price in Inkster, MI is $110,000, with a year-over-year change of 5.5%. This indicates that home prices in Inkster, MI are increasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$110,0005.5%
Single Family $110,0004.8%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$86,0002.4%
    3 Bed
    		$118,0004.4%
    4 Bed
    		$132,0004.8%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    2.4%
    1 Bedroom
    10.8%
    2 Bedrooms
    27.4%
    3 Bedrooms
    49.1%
    4 Bedrooms
    9.7%
    5+ Bedrooms
    0.7%

    Rental Trends — Inkster, MI

    As of July '25, Rentcast reports the average rent in Inkster, MI is $1,300, with a year-over-year rent change of 3.2%. Per bedroom, the median rent as of July '25 in Inkster, MI is studios: $832, 1-bedrooms: $926, 2-bedrooms: $1,160, 3-bedrooms: $1,410, 4-bedrooms: $1,400. The most common rental property sizes in Inkster, MI are 3-bedroom and 2-bedroom, accounting for 40.4% and 31.2% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,300$1,300
    Studio Rent $832$832
    1 Bed Rent $1,000$926
    2 Bed Rent $1,150$1,160
    3 Bed Rent $1,350$1,410
    4 Bed Rent $1,450$1,400
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    % of Rental Stock

    Studio
    4.4%
    1 Bedroom
    17.5%
    2 Bedrooms
    31.2%
    3 Bedrooms
    40.4%
    4 Bedrooms
    5.9%
    5+ Bedrooms
    0.5%

    Property Listings — Inkster, MI

    As of May '26, Realtor.com reports that the median days on market for a home in Inkster, MI is 35. This is a increase of 13.0% 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 12.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$125,0001.0%
    Listing Count
    		9626.0%
    Listings as % of Homes0.4%26.0%
    Days on Market
    		3513.0%
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    Demographics — Inkster, MI

    As of the latest ACS Survey released in 2023, Inkster, MI has a population of 25,600, which has increased by 4.0% over the past 5 years. Inkster, MI is a popular place for families, as children make up 27.4% of the population. The area has a poorly educated workforce, with 11.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.3% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		25,6004.0%
    % Under 18
    		27.4%-9.0%
    % Seniors
    		12.4%0.8%
    % WFH
    		7.3%204.2%
    % w/ College Degree
    		11.8%8.3%
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    As of the latest ACS Survey released in 2023, Inkster, MI is a predominantly black area, with 72.4% of the population identifying as black. The black population has shrunk by 0.8% in the last 5 years. The second most common race or ethnicity in Inkster, MI is white, making up 16.8% of the population. Foreign-born residents account for 4.9% of the population in Inkster, MI, and this percentage has increased by 28.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		16.8%-9.2%
    % Black
    		72.4%-0.8%
    % Hispanic
    		2.2%-29.0%
    % Asian
    		1.1%57.1%
    % Foreign Born
    		4.9%28.9%
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    Mortgage and Risk — Inkster, MI

    According to HUD data as of 2023, there were 257 mortgage originations in Inkster, MI, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 49.0% above 90% LTV (very high). This implies large mortgage risk in Inkster, MI. Investor activity is low, as 5.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		257
    % Conventional Loans
    		63.0%
    % Government Loans
    		37.0%
    % Investor Loans
    		5.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		11.0%
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    Rentals and Section 8 — Inkster, MI

    As of 2024, the percent of homes in Inkster, MI under the Section 8 program is 26.0%. 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 Inkster, 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
    		2,058
    Total Units Section 8
    		1,349
    % Rentals under Section 8
    		26.0%
    % Occupied Section 8
    		90.4%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$80$1,000$1,080
    2 Bedroom$220$1,150$1,370
    3 Bedroom$330$1,350$1,680
    4 Bedroom$370$1,450$1,820

    Affordability — Inkster, MI

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.2
    Median Home Price$110,000
    Median Household Income$39,600

    Inkster, MI — ZIP Code Boundary Map

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    Frequently Asked Questions