Call or Text (240) SELL-123
East Village

DETROIT, MI 48214

Real Estate Market Report  ·  Wayne County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
145
⇧ 17.9% vs 123 last year
Pending
42
29% pending ratio
Median Price
$149,900
⇩ 24.5% vs $198,600 last year
Average Price
$234,377
⇧ 2.2% vs $229,414 last year
Days on Market
72
⇩ 26.5% vs 98 days last year

Market Context

Population: 19,372  ·  Density: 1,480.7/mi²  ·  Median household income: $31,833

Typical home value: $123,789  ·  Homeownership: 41.1%

Market Analysis

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

The DETROIT, MI real estate market (48214) currently shows 145 active listings, with 42 pending sales. Homes are averaging 72 days on the market before going under contract.

Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice.

Homes are selling faster, averaging 72 days on market compared to 98 days last year.

The median listing price has fallen 24.5% year-over-year, from $198,600 to $149,900.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for DETROIT, MI 48214 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 145 this year vs 123 last year
  • Days on market: 72 now vs 98 last year

Median & Average Pricing

Year over Year
  • Median: $149,900 (-24.5% YoY)
  • Average: $234,377 (+2.2% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.0 miles — 1,320 listings ($255,870,886 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48214Detroit, MI 482140.0 mi145$33,984,665$149,900$234,377
48215Detroit, MI 482151.8 mi52$9,340,448$132,000$179,624
48211Detroit, MI 482113.2 mi10$1,326,200$47,450$132,620
48224Detroit, MI 482243.9 mi346$37,904,300$99,000$109,550
48226Detroit, MI 482264.0 mi41$22,027,045$374,850$537,245
48212Hamtramck, MI 482124.7 mi60$10,381,560$180,000$173,026
48234Detroit, MI 482345.3 mi155$11,945,850$72,340$77,070
48208Detroit, MI 482085.5 mi43$9,506,311$199,900$221,077
48236Grosse Pointe, MI 482366.2 mi87$51,982,065$399,500$597,495
48203Highland Park, MI 482037.1 mi126$25,920,720$69,948$205,720
48089Warren, MI 480897.3 mi130$19,672,510$139,900$151,327
48209Detroit, MI 482097.8 mi22$4,515,060$195,000$205,230
48091Warren, MI 480918.0 mi103$17,364,152$165,500$168,584

Frequently Asked Questions

How many homes are for sale in DETROIT, MI 48214?

As of January 2026, there are 145 active listings in DETROIT, MI (zip code 48214), compared to 123 the prior year.

What is the median home price in DETROIT, MI 48214?

The median listing price in DETROIT, MI 48214 is $149,900 as of January 2026, a 24.5% decrease from $198,600 the prior year.

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

Homes in DETROIT, MI 48214 spend an average of 72 days on the market before going under contract, compared to 98 days the prior year.

Is it a seller's or buyer's market in DETROIT, MI 48214?

Based on current inventory and days-on-market data as of January 2026, DETROIT, MI 48214 is currently a Balanced Market. Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice. Homes are selling faster, averaging 72 days on market compared to 98 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 48214 save an estimated $2,998 compared to a typical 5% commission on the median listing price of $149,900. 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.