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Chandler Park Conner Creek Ind Ravendale

DETROIT, MI 48213

Real Estate Market Report  ·  Wayne County
Buyer's Market
September 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 48213

Chandler Park · Conner Creek Ind · Ravendale

Market Analysis

Data as of September 2026. Source: Realtor.com.

The DETROIT, MI real estate market (48213) currently shows 115 active listings, with 29 pending sales. Homes are averaging 70 days on the market before going under contract.

Inventory has increased compared to last year, with 27 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 70 days on market compared to 63 days last year.

The median listing price has fallen 9.2% year-over-year, from $76,975 to $69,925.

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Market Context

Market Context

Population: 21,232  ·  Density: 1,256.4/mi²  ·  Median household income: $33,659

Typical home value: $45,263  ·  Homeownership: 58.1%

Market Overview

Active Listings
115
⇧ 30.7% vs 88 last year
Pending
29
25% pending ratio
Median Price
$69,925
⇩ 9.2% vs $76,975 last year
Average Price
$82,952
⇩ 0.5% vs $83,403 last year
Days on Market
70
⇧ 11.1% vs 63 days last year

Price Per Square Foot

Median $/sqft
$57
⇩ 3.4% vs $59/sqft last year
Median Home Size
1,292 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 115 this year vs 88 last year
  • Days on market: 70 now vs 63 last year

Median & Average Pricing

Year over Year
  • Median: $69,925 (-9.2% YoY)
  • Average: $82,952 (-0.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 6.8 miles — 1,163 listings ($238,150,247 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48213Detroit, MI 482130.0 mi93$7,607,214$72,500$81,798
48205Detroit, MI 482052.5 mi239$18,308,356$75,000$76,604
48211Detroit, MI 482112.8 mi10$971,500$32,450$97,150
48212Hamtramck, MI 482123.2 mi59$10,073,306$181,000$170,734
48207Detroit, MI 482073.6 mi101$21,211,919$182,500$210,019
48225Harper Woods, MI 482254.4 mi88$12,335,840$130,625$140,180
48201Detroit, MI 482014.8 mi43$30,088,046$444,800$699,722
48021Eastpointe, MI 480215.3 mi145$24,896,645$169,900$171,701
48236Grosse Pointe, MI 482365.4 mi84$50,043,420$396,725$595,755
48091Warren, MI 480915.8 mi111$17,924,280$151,450$161,480
48206Detroit, MI 482065.9 mi96$23,302,080$218,250$242,730
48216Detroit, MI 482166.5 mi19$6,183,341$266,250$325,439
48030Hazel Park, MI 480306.8 mi75$15,204,300$187,900$202,724

Frequently Asked Questions

How many homes are for sale in DETROIT, MI 48213?

As of September 2026, there are 115 active listings in DETROIT, MI (zip code 48213), compared to 88 the prior year.

What is the median home price in DETROIT, MI 48213?

The median listing price in DETROIT, MI 48213 is $69,925 as of September 2026, a 9.2% decrease from $76,975 the prior year.

How long do homes stay on the market in DETROIT, MI?

Homes in DETROIT, MI 48213 spend an average of 70 days on the market before going under contract, compared to 63 days the prior year.

Is it a seller's or buyer's market in DETROIT, MI 48213?

Based on current inventory and days-on-market data as of September 2026, DETROIT, MI 48213 is currently a Buyer's Market. Inventory has increased compared to last year, with 27 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 70 days on market compared to 63 days last year.

How much can I save on real estate commission in DETROIT, MI?

With SELL123.com's maximum 3% commission, sellers in DETROIT, MI 48213 save an estimated $1,399 compared to a typical 5% commission on the median listing price of $69,925. 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.