How has pricing changed in Greenfield over the past year?

Prices in Greenfield in Detroit, Michigan are up 16.5% over the past year. The neighborhood is about 20% above the city median and 39% below the state median, with a 12.5 gross yield and a Red Flag score of 42.

How does Greenfield compare to Detroit and Michigan on price?

Greenfield in Detroit, Michigan is about 20% above the city median and 39% below the state median. It also has a 12.5 gross yield, a 16.5% increase over the past year, and walkability of 81.

What are the walkability and education scores in Greenfield?

Greenfield in Detroit, Michigan has walkability of 81 and education in the 1st percentile. Those scores sit alongside a 12.5 gross yield, a 16.5% rise over the past year, and a Red Flag score of 42.

Neighborhood

Greenfield

Detroit, Michigan US

Greenfield in Detroit, Michigan has a high-yield profile, with a 12.5 gross yield and prices about 20% above the city median but 39% below the state median. Prices have risen 16.5% over the past year, and the Red Flag score is 42. Walkability is 81 and education is in the 1st percentile, combining strong access with a very low school-test-score percentile.

AI Summary•Updated May 2026

Area

0.97 mi²

ZIP Code

48235

County

Wayne County

State

Michigan

Redfin — median sale & volumeZillow ZORI — asking rentFEMA National Risk Index v1.20OpenStreetMap — POIFBI UCR — state crimeEPA — radon zonesWashU ACAG — satellite PM2.5US Census ACS / TIGER 2024

Verified Price · Median Sale

$124,913

YoY+16.5%

Gross Rental Yield

12.5%

Listed rent · ZORI annualized

Red Flag Index

Moderate

42 / 100

Walkability Score

Very Walkable

OpenStreetMap POI density · national percentile

Education Score

1 / 100

Limited · better than 1% of U.S. districts

Pre-pandemic SEDA (2018/19) · district proxy

AI Score

Excellent

DistrictScore attractiveness · national model

Greenfield Property Prices & Rental Yield

Verified Redfin sale data and Zillow ZORI asking rent for Greenfield, Detroit.

Unlock the Greenfield 12-month price trend

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Market Economics Snapshot

May 2026

Metric	Value	YoY
Median Sale Price	$124,913	+16.5%
Price / Sq Ft (Verified)	$93/sqft	+12.8%
Asking Rent (Median)	$1,303/mo	+3.5%
Gross Rental Yield	12.5%	—
Liquidity Score	34 / 100	Moderate
Homes Sold (Period)	113	-20.4%

Is Greenfield Safe? Natural-Hazard Risk

FEMA National Risk Index composite across eight hazards, plus inherited Michigan crime context.

Red Flag Breakdown

42 / 100

Moderate Risk

Composite is weighted by expected impact — frequent low-damage hazards (hail, wind) weigh less than flood or wildfire.

Heat80Very High

Tornado60High

Strong Wind60High

Flood40Moderate

Hurricane40Moderate

Earthquake40Moderate

Wildfire20Low

Hail20Low

8/8 hazards scored · FEMA NRI v1.20

Crime (state-level): Michigan averaged 18.1 crimes and 4.3 violent per 1,000 residents (-9.7% YoY) in 2024(FBI UCR). Compare the state to the country, not states as a ranking — full Safety & Crime data lives on the state page.

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Tract-level hazard heatmap & parcel detail with Pro

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See all eight FEMA hazard scores — free with a DistrictScore account.

What Stands Out AI Insight

Above-average gross rental yield at 12.5%

Appreciating market — +16.5% sale-price YoY

Highly walkable neighborhood — score 81/100

Active transaction volume — 113 homes sold last period

Heat risk is Very High (80/100)

Insights are generated from Greenfield's live DistrictScore metrics.

Greenfield Environment & Safety

Satellite PM2.5 air-quality history, FBI UCR crime trend (Michigan-level, the finest official aggregation), EPA radon potential and point-source hazard screening.

Air Quality — PM2.5

2015–2024

6.3 µg/m³ Meets EPA, above WHO guideline-21.2% since 2015

EPA 9WHO 5

20152024

Annual mean fine-particle (PM2.5) concentration at the Greenfield centroid, satellite-derived (ACAG). References: WHO guideline 5 µg/m³ · EPA annual standard 9 µg/m³. Latest year ranks worse than 60% of U.S. neighborhoods.

Michigan Crime Trend

FBI UCR

20132024

All crimes / 1k

Violent / 1k

Year	Crimes / 1k	Violent / 1k	YoY
2024	18.1	4.3	-9.7%
2023	20.2	4.6	+0.9%
2022	20.1	4.6	+8.3%
2021	18.6	4.9	+1.8%
2020	18.4	4.8	-9.3%
2019	20.2	4.4	—

Reported at the state level — the finest official US crime aggregation; Greenfield inherits the Michigan figures.

Radon Potential

EPA

Zone 3

Zone 3 — Lowest potential · Greenfield

EPA radon zones estimate indoor radon potential county-wide (Zone 1 highest, Zone 3 lowest). Testing is recommended in all zones.

Walkability & Amenities in Greenfield

Amenity density and pedestrian access from OpenStreetMap points of interest.

Walkability & Amenities

OpenStreetMap POI

81

Very Walkable

Walkability Score

18

Grocery

0

Dining

4

Schools

0

Universities

1

Hospitals

3

Pharmacies

6

Parks

0

Rail Transit

0

Coworking

POI counts are amenities within Greenfield's boundary plus a 400 m walk buffer. Rail transit excludes bus stops.

Greenfield vs Detroit vs Michigan

How Greenfield benchmarks against its city and state medians.

Benchmark vs City & State

Across Greenfield, the median sale price sits about 20% above the median for Detroit neighborhoods and about 42% below the statewide median. Gross rental yield is 12.5%, against 12.5% for Detroit neighborhoods and 6.5% statewide. Over the past 12 months, prices rose 16.5%. Transaction liquidity sits above the median for Detroit neighborhoods and above the statewide median.

Area	Median / Sq Ft	Gross Yield	Liquidity
Greenfield	$93/sqft	12.5%	34
Detroit	$77/sqft	12.5%	24
Michigan	$162/sqft	6.5%	24

Unlock the Greenfield benchmark

Compare Greenfield against Detroit and Michigan medians — free with a DistrictScore account.

Buying Property in the US as a Foreigner

Federal & Michigan tax facts for non-resident buyers, plus the latest local market news.

Buying as a Foreigner

US Tax & Ownership

Applies to everyone7

Capital Gains (Federal)

Long-term capital gains taxed federally at 0/15/20%, plus a 3.8% Net Investment Income Tax on higher incomes (2026).

Property Tax

Property tax: ~1.13% average effective rate (statewide average; set and collected locally).

State Income Tax

State income tax up to 4.25%; rental income is taxed at these rates.

State Capital Gains

Capital gains are taxed as ordinary income at state rates.

Transfer Tax

Real estate transfer tax: $3.75 per $500.

Assessment Cap

No Proposition 13-style assessment cap; property is reassessed at market value.

Mansion Tax / Rent Control

No statewide mansion tax or statewide rent control.

US citizens & tax residents7

Primary-Home Exclusion

Selling your main home: exclude up to $250k of gain (single) / $500k (married) if you owned and lived there 2 of the last 5 years.

1031 Like-Kind Exchange

A 1031 like-kind exchange defers capital gains tax on investment property; 45 days to identify, 180 to close. Real estate only.

Depreciation Recapture

Residential rentals depreciate over 27.5 years; on sale, recaptured depreciation is taxed up to 25% (Section 1250).

Mortgage Interest Deduction

Mortgage interest is deductible on up to $750k of home debt. The SALT cap rose to $40,000 for 2025-2029 (reverts to $10k in 2030).

Opportunity Zones

Opportunity Zones are now permanent (2025): reinvested capital gains get deferral plus a basis step-up, and are tax-free after 10 years.

Rental Income (Resident)

Rental income is reported on Schedule E; passive-loss rules (Section 469) limit deducting rental losses against other income.

1031 State Conformity

The state conforms to the federal 1031 like-kind exchange rules.

Foreign buyers (non-residents)5

FIRPTA (Foreign Sellers)

FIRPTA: the buyer withholds 15% of the gross sale price when a nonresident sells US property. It is an advance deposit, not the final tax.

Non-Resident Capital Gains

Nonresident sellers pay US capital gains tax (generally 15-20%) on the net gain via Form 1040-NR; FIRPTA withholding is credited.

Non-Resident Rental Tax

Nonresident rental income is taxed at 30% of gross by default, or on net income at graduated rates via a Section 871(d) election (W-8ECI).

Estate Tax (Non-Resident)

Nonresidents get only a $60,000 US estate-tax exemption (vs $13.99M for residents); US property above it is taxed up to 40%. Treaties may help.

ITIN Requirement

Nonresidents without an SSN need an ITIN (Form W-7) to file US tax returns, claim FIRPTA refunds, and report rental income.

Talk to a US real-estate tax advisor

FIRPTA, ITIN & Michigan property-tax guidance for foreign buyers

Latest Detroit Real-Estate News

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Guaranteed Rate • Jun 18, 2026

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Eye On Housing • Jun 18, 2026

U.S. commercial property prices hit record as deal patterns shift

Altus Group • Jun 18, 2026

Greenfield Real Estate FAQ

Greenfield in Detroit, Michigan has a high-yield profile. It shows a 12.5 gross yield, prices about 20% above the city median and 39% below the state median, and a 16.5% rise over the past year. The Red Flag score is 42.

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