ZIP Code 48238 Housing Market
ZIP code 48238 is located in Wayne County, Michigan. Based on the FHFA House Price Index, the most recent annual HPI value is 193.1 (2000 = 100) , with a year-over-year change of +18.53% as of 2025.
📈 48238 HPI Trend
FHFA House Price Index for Five-Digit ZIP Codes (2000 = 100)
About This ZIP Code
ZIP code 48238 is one of the most active real estate sub-markets in Wayne County, Michigan. The FHFA House Price Index tracks cumulative price appreciation since 2000, providing a consistent measure of long-term value change in this specific ZIP area.
For full county-level context, see the Wayne County Housing Market page, which includes ACS median home values, rent, owner-occupancy, employment, migration, and other economic indicators.
Other Active ZIPs in Wayne County
| ZIP Code | HPI | YoY | Latest Year |
|---|---|---|---|
| 48213 | 155.2 | -4.49% | 2025 |
| 48212 | 274.4 | +15.00% | 2025 |
| 48120 | 155.0 | — | 2025 |
| 48229 | 172.1 | +15.35% | 2025 |
| 48141 | 167.7 | +9.45% | 2025 |
| 48234 | 152.6 | +23.16% | 2025 |
| 48205 | 125.2 | +6.69% | 2025 |
| 48215 | 172.8 | -8.43% | 2025 |
| 48228 | 140.8 | +11.01% | 2025 |
Data Source: FHFA House Price Index for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100). Data as of 2025. This product uses FHFA Data but is neither endorsed nor certified by FHFA.