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Briggs Brush Park Corktown Downtown Foxtown (Stadium) Medical Center Midtown Woodbridge

DETROIT, MI 48201

Real Estate Market Report
Seller's Market
July 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 48201

Briggs · Brush Park · Corktown · Downtown · Foxtown (Stadium) · Medical Center · Midtown · Woodbridge

Market Analysis

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

The DETROIT, MI real estate market (48201) currently shows 48 active listings, with 8 pending sales. Homes are averaging 58 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 58 days on market compared to 73 days last year.

The median listing price has fallen 16% year-over-year, from $497,200 to $417,500.

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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Market Context

Market Context

Population: 14,287  ·  Density: 2,910.7/mi²  ·  Median household income: $22,243

Typical home value: $389,454  ·  Homeownership: 11.4%

Market Overview

Active Listings
48
⇩ 4% vs 50 last year
Pending
8
17% pending ratio
Median Price
$417,500
⇩ 16% vs $497,200 last year
Average Price
$543,419
⇩ 22.7% vs $702,658 last year
Days on Market
58
⇩ 20.5% vs 73 days last year

Price Per Square Foot

Median $/sqft
$342
⇩ 7.3% vs $369/sqft last year
Median Home Size
1,301 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 48 this year vs 50 last year
  • Days on market: 58 now vs 73 last year

Median & Average Pricing

Year over Year
  • Median: $417,500 (-16% YoY)
  • Average: $543,419 (-22.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 7.3 miles — 1,140 listings ($200,900,620 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48201Detroit, MI 482010.0 mi43$30,088,046$444,800$699,722
48208Detroit, MI 482081.6 mi41$8,311,233$215,925$202,713
48202Detroit, MI 482022.1 mi68$16,716,032$232,450$245,824
48207Detroit, MI 482072.5 mi101$21,211,919$182,500$210,019
48210Detroit, MI 482103.6 mi36$4,549,788$115,000$126,383
48209Detroit, MI 482094.1 mi24$4,740,912$187,450$197,538
48204Detroit, MI 482044.4 mi109$10,115,200$85,500$92,800
48238Detroit, MI 482385.4 mi176$16,512,672$85,000$93,822
48215Detroit, MI 482155.7 mi51$9,606,105$138,400$188,355
48120Dearborn, MI 481206.4 mi6$1,665,948$283,975$277,658
48126Dearborn, MI 481266.6 mi41$10,590,423$264,950$258,303
48221Detroit, MI 482217.2 mi209$42,169,512$184,500$201,768
48227Detroit, MI 482277.3 mi235$24,622,830$95,000$104,778

Frequently Asked Questions

How many homes are for sale in DETROIT, MI 48201?

As of July 2026, there are 48 active listings in DETROIT, MI (zip code 48201), compared to 50 the prior year.

What is the median home price in DETROIT, MI 48201?

The median listing price in DETROIT, MI 48201 is $417,500 as of July 2026, a 16% decrease from $497,200 the prior year.

How long do homes stay on the market in DETROIT, MI?

Homes in DETROIT, MI 48201 spend an average of 58 days on the market before going under contract, compared to 73 days the prior year.

Is it a seller's or buyer's market in DETROIT, MI 48201?

Based on current inventory and days-on-market data as of July 2026, DETROIT, MI 48201 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 58 days on market compared to 73 days last year.

How much can I save on real estate commission in DETROIT, MI?

With SELL123.com's maximum 3% commission, sellers in DETROIT, MI 48201 save an estimated $8,350 compared to a typical 5% commission on the median listing price of $417,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.