Eastern Market · Elmwood · Forest Park · Islandview · Lafayette Park · McDougall-Hunt · Poletown East · Warehouse District · Waterfront
Data as of September 2026. Source: Realtor.com.
The DETROIT, MI real estate market (48207) currently shows 97 active listings, with 17 pending sales. Homes are averaging 95 days on the market before going under contract.
Inventory has tightened compared to last year, with 28 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 95 days on market compared to 64 days last year.
The median listing price has fallen 1.6% year-over-year, from $197,250 to $194,000.
Population: 20,577 · Density: 1,261.5/mi² · Median household income: $43,960
Typical home value: $138,744 · Homeownership: 28.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48207 | Detroit, MI 48207 | 0.0 mi | 101 | $21,211,919 | $182,500 | $210,019 |
| 48226 | Detroit, MI 48226 | 2.3 mi | 48 | $24,572,928 | $369,888 | $511,936 |
| 48211 | Detroit, MI 48211 | 3.0 mi | 10 | $971,500 | $32,450 | $97,150 |
| 48213 | Detroit, MI 48213 | 3.6 mi | 93 | $7,607,214 | $72,500 | $81,798 |
| 48202 | Detroit, MI 48202 | 3.9 mi | 68 | $16,716,032 | $232,450 | $245,824 |
| 48212 | Hamtramck, MI 48212 | 4.9 mi | 59 | $10,073,306 | $181,000 | $170,734 |
| 48206 | Detroit, MI 48206 | 5.3 mi | 96 | $23,302,080 | $218,250 | $242,730 |
| 48234 | Detroit, MI 48234 | 6.0 mi | 148 | $11,470,888 | $75,000 | $77,506 |
| 48205 | Detroit, MI 48205 | 6.1 mi | 239 | $18,308,356 | $75,000 | $76,604 |
| 48204 | Detroit, MI 48204 | 6.8 mi | 109 | $10,115,200 | $85,500 | $92,800 |
| 48238 | Detroit, MI 48238 | 7.5 mi | 176 | $16,512,672 | $85,000 | $93,822 |
| 48236 | Grosse Pointe, MI 48236 | 7.9 mi | 84 | $50,043,420 | $396,725 | $595,755 |
| 48089 | Warren, MI 48089 | 8.5 mi | 145 | $21,827,430 | $138,720 | $150,534 |
As of September 2026, there are 97 active listings in DETROIT, MI (zip code 48207), compared to 125 the prior year.
The median listing price in DETROIT, MI 48207 is $194,000 as of September 2026, a 1.6% decrease from $197,250 the prior year.
Homes in DETROIT, MI 48207 spend an average of 95 days on the market before going under contract, compared to 64 days the prior year.
Based on current inventory and days-on-market data as of September 2026, DETROIT, MI 48207 is currently a Balanced Market. Inventory has tightened compared to last year, with 28 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 95 days on market compared to 64 days last year.
With SELL123.com's maximum 3% commission, sellers in DETROIT, MI 48207 save an estimated $3,880 compared to a typical 5% commission on the median listing price of $194,000. 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.