Population: 16,011 · Density: 1,997.8/mi² · Median household income: $36,641
Typical home value: $91,379 · Homeownership: 50.1%
Data as of January 2026. Source: Realtor.com.
The DETROIT, MI real estate market (48206) currently shows 104 active listings, with 20 pending sales. Homes are averaging 75 days on the market before going under contract.
Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 75 days on market compared to 70 days last year.
The median listing price has fallen 1.5% year-over-year, from $202,975 to $199,999.
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 $ |
|---|---|---|---|---|---|---|
| 48206 | Detroit, MI 48206 | 0.0 mi | 104 | $23,225,384 | $199,999 | $223,321 |
| 48204 | Detroit, MI 48204 | 1.9 mi | 117 | $10,837,359 | $85,250 | $92,627 |
| 48238 | Detroit, MI 48238 | 2.3 mi | 182 | $16,963,674 | $81,950 | $93,207 |
| 48201 | Detroit, MI 48201 | 3.1 mi | 40 | $26,907,560 | $439,900 | $672,689 |
| 48203 | Highland Park, MI 48203 | 3.2 mi | 126 | $25,920,720 | $69,948 | $205,720 |
| 48216 | Detroit, MI 48216 | 3.7 mi | 20 | $5,989,000 | $259,000 | $299,450 |
| 48226 | Detroit, MI 48226 | 4.2 mi | 41 | $22,027,045 | $374,850 | $537,245 |
| 48209 | Detroit, MI 48209 | 4.8 mi | 22 | $4,515,060 | $195,000 | $205,230 |
| 48234 | Detroit, MI 48234 | 5.2 mi | 155 | $11,945,850 | $72,340 | $77,070 |
| 48235 | Detroit, MI 48235 | 5.7 mi | 217 | $28,921,326 | $129,900 | $133,278 |
| 48120 | Dearborn, MI 48120 | 5.8 mi | 6 | $1,873,200 | $319,900 | $312,200 |
| 48213 | Detroit, MI 48213 | 5.9 mi | 103 | $8,518,512 | $78,000 | $82,704 |
| 48214 | Detroit, MI 48214 | 6.2 mi | 145 | $33,984,665 | $149,900 | $234,377 |
As of January 2026, there are 104 active listings in DETROIT, MI (zip code 48206), compared to 92 the prior year.
The median listing price in DETROIT, MI 48206 is $199,999 as of January 2026, a 1.5% decrease from $202,975 the prior year.
Homes in DETROIT, MI 48206 spend an average of 75 days on the market before going under contract, compared to 70 days the prior year.
Based on current inventory and days-on-market data as of January 2026, DETROIT, MI 48206 is currently a Buyer's Market. Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 75 days on market compared to 70 days last year.
With SELL123.com's maximum 3% commission, sellers in DETROIT, MI 48206 save an estimated $4,000 compared to a typical 5% commission on the median listing price of $199,999. 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.