Aviation (Aviation Properties) · Petrosky-Otesgo · Russell Woods
Data as of September 2026. Source: Realtor.com.
The DETROIT, MI real estate market (48204) currently shows 122 active listings, with 23 pending sales. Homes are averaging 74 days on the market before going under contract.
Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 74 days on market compared to 51 days last year.
The median listing price has fallen 13.7% year-over-year, from $86,500 to $74,675.
Population: 20,365 · Density: 1,564.5/mi² · Median household income: $29,224
Typical home value: $55,787 · Homeownership: 54.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48204 | Detroit, MI 48204 | 0.0 mi | 109 | $10,115,200 | $85,500 | $92,800 |
| 48238 | Detroit, MI 48238 | 2.1 mi | 176 | $16,512,672 | $85,000 | $93,822 |
| 48208 | Detroit, MI 48208 | 2.9 mi | 41 | $8,311,233 | $215,925 | $202,713 |
| 48126 | Dearborn, MI 48126 | 3.3 mi | 41 | $10,590,423 | $264,950 | $258,303 |
| 48228 | Detroit, MI 48228 | 3.9 mi | 261 | $23,429,448 | $81,750 | $89,768 |
| 48221 | Detroit, MI 48221 | 4.3 mi | 209 | $42,169,512 | $184,500 | $201,768 |
| 48209 | Detroit, MI 48209 | 4.4 mi | 24 | $4,740,912 | $187,450 | $197,538 |
| 48120 | Dearborn, MI 48120 | 4.4 mi | 6 | $1,665,948 | $283,975 | $277,658 |
| 48211 | Detroit, MI 48211 | 5.1 mi | 10 | $971,500 | $32,450 | $97,150 |
| 48212 | Hamtramck, MI 48212 | 5.4 mi | 59 | $10,073,306 | $181,000 | $170,734 |
| 48217 | Detroit, MI 48217 | 6.1 mi | 8 | $668,792 | $80,500 | $83,599 |
| 48220 | Ferndale, MI 48220 | 6.4 mi | 78 | $21,737,196 | $233,725 | $278,682 |
| 48128 | Dearborn, MI 48128 | 6.7 mi | 20 | $7,669,600 | $349,250 | $383,480 |
As of September 2026, there are 122 active listings in DETROIT, MI (zip code 48204), compared to 107 the prior year.
The median listing price in DETROIT, MI 48204 is $74,675 as of September 2026, a 13.7% decrease from $86,500 the prior year.
Homes in DETROIT, MI 48204 spend an average of 74 days on the market before going under contract, compared to 51 days the prior year.
Based on current inventory and days-on-market data as of September 2026, DETROIT, MI 48204 is currently a Buyer's Market. Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 74 days on market compared to 51 days last year.
With SELL123.com's maximum 3% commission, sellers in DETROIT, MI 48204 save an estimated $1,494 compared to a typical 5% commission on the median listing price of $74,675. 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.