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City / Town Overview

Detroit, MI

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
3,123
⇧ 8% vs 2,891 last year
Pending
731
23% pending ratio
Median Price
$121,559
⇩ 6% vs $129,318 last year
Average Price
$141,931
⇩ 3.6% vs $147,202 last year
Days on Market
75.3
⇧ 11.6% vs 68 days last year

Market Analysis

Data as of January 2026. Source: Realtor.com.

The Detroit, MI real estate market currently shows 3,123 active listings, with 731 pending sales. Homes are averaging 75.3 days on the market before going under contract.

Inventory has increased compared to last year, with 232 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 75.3 days on market compared to 67.5 days last year.

The median listing price has fallen 6% year-over-year, from $129,318 to $121,559.

Whether you are buying or selling in Detroit, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Included Areas

Detroit: 48201, 48202, 48204, 48205, 48206, 48207, 48208, 48209, 48210, 48211, 48213, 48214

Bagley: 48221

Market Context

ZIP coverage: 46  ·  Population: 601,191  ·  Median household income: $37,765

Typical home value: $88,136  ·  Homeownership rate: 49.5%

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings