Population: 7,827 · Density: 941.7/mi² · Median household income: $24,046
Typical home value: $190,548 · Homeownership: 33.7%
Data as of January 2026. Source: Realtor.com.
The DETROIT, MI real estate market (48208) currently shows 43 active listings, with 6 pending sales. Homes are averaging 88 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are selling faster, averaging 88 days on market compared to 115 days last year.
The median listing price has fallen 45.2% year-over-year, from $364,824 to $199,900.
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 $ |
|---|---|---|---|---|---|---|
| 48208 | Detroit, MI 48208 | 0.0 mi | 43 | $9,506,311 | $199,900 | $221,077 |
| 48216 | Detroit, MI 48216 | 1.7 mi | 20 | $5,989,000 | $259,000 | $299,450 |
| 48206 | Detroit, MI 48206 | 2.0 mi | 104 | $23,225,384 | $199,999 | $223,321 |
| 48226 | Detroit, MI 48226 | 2.4 mi | 41 | $22,027,045 | $374,850 | $537,245 |
| 48209 | Detroit, MI 48209 | 3.2 mi | 22 | $4,515,060 | $195,000 | $205,230 |
| 48207 | Detroit, MI 48207 | 4.1 mi | 92 | $19,534,912 | $185,000 | $212,336 |
| 48212 | Hamtramck, MI 48212 | 4.6 mi | 60 | $10,381,560 | $180,000 | $173,026 |
| 48120 | Dearborn, MI 48120 | 5.1 mi | 6 | $1,873,200 | $319,900 | $312,200 |
| 48214 | Detroit, MI 48214 | 5.5 mi | 145 | $33,984,665 | $149,900 | $234,377 |
| 48227 | Detroit, MI 48227 | 5.8 mi | 250 | $25,865,750 | $95,000 | $103,463 |
| 48213 | Detroit, MI 48213 | 6.0 mi | 103 | $8,518,512 | $78,000 | $82,704 |
| 48234 | Detroit, MI 48234 | 6.3 mi | 155 | $11,945,850 | $72,340 | $77,070 |
| 48122 | Melvindale, MI 48122 | 6.5 mi | 24 | $3,918,600 | $159,950 | $163,275 |
As of January 2026, there are 43 active listings in DETROIT, MI (zip code 48208), compared to 40 the prior year.
The median listing price in DETROIT, MI 48208 is $199,900 as of January 2026, a 45.2% decrease from $364,824 the prior year.
Homes in DETROIT, MI 48208 spend an average of 88 days on the market before going under contract, compared to 115 days the prior year.
Based on current inventory and days-on-market data as of January 2026, DETROIT, MI 48208 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 88 days on market compared to 115 days last year.
With SELL123.com's maximum 3% commission, sellers in DETROIT, MI 48208 save an estimated $3,998 compared to a typical 5% commission on the median listing price of $199,900. 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.