3-digit ZIP regional index
Home appreciation in ZIP codes 482xxDetroit, MI area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 482 changed +5.0% over the year to Q2 2026, compared with +4.6% for Michigan and +3.0% for the United States.
The region covers ZIP codes 48201–48243. Most of its 2010 population lived in Wayne County (94%), Oakland County (6%). Communities in the region include Oak Park, Hamtramck, Ferndale, Grosse Pointe Woods, Harper Woods. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +5.0%
- 5-year change
- +38.7%
- Since Q1 1995
- +231%
- National rank (1 year)
- 263rd
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 482 vs Michigan and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 482: 331.1
- Michigan: 328.0
- Detroit-Dearborn-Livonia, MI metro: 303.0
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 482 | MI | U.S. | Gap vs MI | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +5.0% | +4.6% | +3.0% | +0.5 pts | +2.0 pts |
| 3 years | +17.7% | +18.0% | +12.9% | −0.3 pts | +4.8 pts |
| 5 years | +38.7% | +45.6% | +41.3% | −6.9 pts | −2.6 pts |
| 10 years | +102% | +104% | +93.3% | −1.8 pts | +8.4 pts |
| Since Q1 1995 | +231% | +228% | +292% | +3.1 pts | −60.5 pts |
If you bought in ZIP3 482 in…
Applying the regional index change from the same quarter of each year to Q2 2026 to an example $300,000 purchase price. Individual homes can differ widely from the regional average.
| Bought in | Index change | $300,000 then, at the regional rate |
|---|---|---|
| Q2 1995 | +222% | $967,063 |
| Q2 2000 | +94.1% | $582,187 |
| Q2 2005 | +57.1% | $471,414 |
| Q2 2010 | +174% | $821,156 |
| Q2 2015 | +117% | $652,180 |
| Q2 2020 | +55.0% | $464,992 |
| Q2 2021 | +38.7% | $416,116 |
| Q2 2023 | +17.7% | $353,012 |
| Q2 2025 | +5.0% | $315,144 |
How ZIP3 482 ranks
Over the past year ZIP3 482 ranks 263rd of 882 3-digit ZIP regions nationally and 8th of 20 in Michigan. Its one-year change is +2.0 pts versus the nation and +0.5 pts versus Michigan. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in Michigan |
|---|---|---|
| 1 year | 263rd of 882 | 8th of 20 |
| 3 years | 313th of 882 | 11th of 20 |
| 5 years | 640th of 882 | 19th of 20 |
| 10 years | 288th of 882 | 14th of 20 |
| Since Q1 1995 | 626th of 879 | 10th of 20 |
Boom, bust, and recovery in ZIP3 482
ZIP3 482's index peaked in Q3 2005, fell 46.6% to its low in Q2 2011, and regained its peak in Q2 2020, about 14.8 years after the top. Today it sits +56.1% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| ZIP3 482 | Q3 2005 | Q2 2011 | -46.6% | Q2 2020 (14.8 yrs) | +56.1% |
| MI | Q3 2005 | Q2 2011 | -29.4% | Q2 2018 (12.8 yrs) | +83.3% |
| Metro | Q3 2005 | Q2 2011 | -41.2% | Q2 2020 (14.8 yrs) | +61.6% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 482's index has changed +49.5% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 482 after inflation | MI after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | +1.1% | +0.7% | +1.3% | -0.8% |
| 3 years | +9.8% | +7.2% | +7.4% | +8.7% | +2.8% |
| 5 years | +24.0% | +11.8% | +17.4% | +16.0% | +13.9% |
| 10 years | +39.1% | +45.1% | +46.3% | +46.0% | +39.0% |
| Since Q1 1995 | +121% | +49.5% | +48.1% | +36.8% | +76.8% |
Estimate appreciation for a home in ZIP3 482
Regional estimate
$605,283
- Estimated gain
- $305,283
- Index change
- +102%
- Start index
- 164.10
- End index
- 331.09
ZIP3 482 (Detroit, MI area), Q2 2016 to Q2 2026. Index type: Native 3-Digit ZIP index.
Nearby 3-digit ZIP regions
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 |
|---|---|---|---|---|
| 480 · Warren, MI area | MI | +4.5% | +39.3% | +210% |
| 483 · Sterling Heights, MI area | MI | +4.6% | +40.0% | +190% |
| 481 · Ann Arbor, MI area | MI | +3.7% | +41.8% | +204% |
| 484 · Fenton, MI area | MI | +4.2% | +42.0% | +199% |
| 485 · Flint, MI area | MI | +3.1% | +40.9% | +143% |
| 436 · Toledo, OH area | OH | +3.1% | +45.5% | +156% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 331.09 |
| Q1 2026 | 325.96 |
| Q4 2025 | 323.85 |
| Q3 2025 | 319.83 |
| Q2 2025 | 315.18 |
| Q1 2025 | 308.33 |
| Q4 2024 | 301.03 |
| Q3 2024 | 305.02 |
| Q2 2024 | 300.73 |
| Q1 2024 | 282.38 |
| Q4 2023 | 282.69 |
| Q3 2023 | 283.53 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 482?
- Based on FHFA HPI® data for 3-digit ZIP region 482, the regional index changed +5.0% over the year to Q2 2026, +38.7% over five years, +102% over ten years, and +231% since Q1 1995.
- Is ZIP3 482 appreciating faster than Michigan and the U.S.?
- Over the past year the region's index +5.0% compares with +4.6% for Michigan and +3.0% for the U.S., a gap of +2.0 pts versus the nation. Over five years the gap versus the nation is −2.6 pts.
- Which ZIP codes are in 3-digit ZIP region 482?
- All ZIP codes that begin with 482. Census 2010 ZIP Code Tabulation Areas in this region run from 48201 to 48243 (39 areas). FHFA publishes one index for the whole 3-digit region, not for each 5-digit ZIP code.
- Can I use this to value my home?
- No. The FHFA HPI® is a broad regional index of average price movement. It is not an appraisal, tax assessment, or automated valuation of any individual property. Use it as general context alongside local sales and a professional opinion.