Boston - Edison · LaSalle Gardens · Petrosky-Otesgo · Russell Woods · Virginia Park
Data as of June 2026. Source: Realtor.com.
The DETROIT, MI real estate market (48206) currently shows 111 active listings, with 24 pending sales. Homes are averaging 61 days on the market before going under contract.
Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 61 days on market compared to 48 days last year.
The median listing price has fallen 10.1% year-over-year, from $221,125 to $198,747.
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.
Population: 16,011 · Density: 1,997.8/mi² · Median household income: $36,641
Typical home value: $91,379 · Homeownership: 50.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48206 | Detroit, MI 48206 | 0.0 mi | 96 | $23,302,080 | $218,250 | $242,730 |
| 48204 | Detroit, MI 48204 | 1.9 mi | 109 | $10,115,200 | $85,500 | $92,800 |
| 48238 | Detroit, MI 48238 | 2.3 mi | 176 | $16,512,672 | $85,000 | $93,822 |
| 48201 | Detroit, MI 48201 | 3.1 mi | 43 | $30,088,046 | $444,800 | $699,722 |
| 48203 | Highland Park, MI 48203 | 3.2 mi | 124 | $23,151,916 | $67,250 | $186,709 |
| 48216 | Detroit, MI 48216 | 3.7 mi | 19 | $6,183,341 | $266,250 | $325,439 |
| 48226 | Detroit, MI 48226 | 4.2 mi | 48 | $24,572,928 | $369,888 | $511,936 |
| 48209 | Detroit, MI 48209 | 4.8 mi | 24 | $4,740,912 | $187,450 | $197,538 |
| 48234 | Detroit, MI 48234 | 5.2 mi | 148 | $11,470,888 | $75,000 | $77,506 |
| 48235 | Detroit, MI 48235 | 5.7 mi | 223 | $29,777,636 | $129,425 | $133,532 |
| 48120 | Dearborn, MI 48120 | 5.8 mi | 6 | $1,665,948 | $283,975 | $277,658 |
| 48213 | Detroit, MI 48213 | 5.9 mi | 93 | $7,607,214 | $72,500 | $81,798 |
| 48214 | Detroit, MI 48214 | 6.2 mi | 149 | $35,261,446 | $155,925 | $236,654 |
As of June 2026, there are 111 active listings in DETROIT, MI (zip code 48206), compared to 103 the prior year.
The median listing price in DETROIT, MI 48206 is $198,747 as of June 2026, a 10.1% decrease from $221,125 the prior year.
Homes in DETROIT, MI 48206 spend an average of 61 days on the market before going under contract, compared to 48 days the prior year.
Based on current inventory and days-on-market data as of June 2026, DETROIT, MI 48206 is currently a Buyer's Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 61 days on market compared to 48 days last year.
With SELL123.com's maximum 3% commission, sellers in DETROIT, MI 48206 save an estimated $3,975 compared to a typical 5% commission on the median listing price of $198,747. 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.