Population: 31,816 · Density: 1,934.0/mi² · Median household income: $42,671
Typical home value: $47,882 · Homeownership: 36.8%
Data as of January 2026. Source: Realtor.com.
The DETROIT, MI real estate market (48205) currently shows 237 active listings, with 47 pending sales. Homes are averaging 80 days on the market before going under contract.
Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 80 days on market compared to 65 days last year.
The median listing price has risen 7.6% year-over-year, from $69,675 to $75,000.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48205 | Detroit, MI 48205 | 0.0 mi | 237 | $17,993,988 | $75,000 | $75,924 |
| 48224 | Detroit, MI 48224 | 2.6 mi | 346 | $37,904,300 | $99,000 | $109,550 |
| 48225 | Harper Woods, MI 48225 | 2.7 mi | 98 | $13,979,994 | $132,500 | $142,653 |
| 48234 | Detroit, MI 48234 | 3.0 mi | 155 | $11,945,850 | $72,340 | $77,070 |
| 48212 | Hamtramck, MI 48212 | 4.1 mi | 60 | $10,381,560 | $180,000 | $173,026 |
| 48236 | Grosse Pointe, MI 48236 | 4.3 mi | 87 | $51,982,065 | $399,500 | $597,495 |
| 48091 | Warren, MI 48091 | 4.6 mi | 103 | $17,364,152 | $165,500 | $168,584 |
| 48214 | Detroit, MI 48214 | 4.7 mi | 145 | $33,984,665 | $149,900 | $234,377 |
| 48066 | Roseville, MI 48066 | 5.6 mi | 164 | $26,811,868 | $169,900 | $163,487 |
| 48093 | Warren, MI 48093 | 5.9 mi | 71 | $17,085,156 | $245,000 | $240,636 |
| 48207 | Detroit, MI 48207 | 6.1 mi | 92 | $19,534,912 | $185,000 | $212,336 |
| 48203 | Highland Park, MI 48203 | 6.3 mi | 126 | $25,920,720 | $69,948 | $205,720 |
| 48092 | Warren, MI 48092 | 6.8 mi | 53 | $13,522,526 | $255,000 | $255,142 |
As of January 2026, there are 237 active listings in DETROIT, MI (zip code 48205), compared to 231 the prior year.
The median listing price in DETROIT, MI 48205 is $75,000 as of January 2026, a 7.6% increase from $69,675 the prior year.
Homes in DETROIT, MI 48205 spend an average of 80 days on the market before going under contract, compared to 65 days the prior year.
Based on current inventory and days-on-market data as of January 2026, DETROIT, MI 48205 is currently a Buyer's Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 80 days on market compared to 65 days last year.
With SELL123.com's maximum 3% commission, sellers in DETROIT, MI 48205 save an estimated $1,500 compared to a typical 5% commission on the median listing price of $75,000. 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.