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Chalmers Heights Conner Creek Ind Jefferson Chalmers

DETROIT, MI 48215

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

Neighborhoods in ZIP 48215

Chalmers Heights · Conner Creek Ind · Jefferson Chalmers

Market Analysis

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

The DETROIT, MI real estate market (48215) currently shows 55 active listings, with 16 pending sales. Homes are averaging 53 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are selling faster, averaging 53 days on market compared to 66 days last year.

The median listing price has fallen 7.5% year-over-year, from $177,000 to $163,725.

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.

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Market Context

Market Context

Population: 11,018  ·  Density: 1,077.4/mi²  ·  Median household income: $32,873

Typical home value: $116,263  ·  Homeownership: 46.9%

Market Overview

Active Listings
55
⇧ 7.8% vs 51 last year
Pending
16
29% pending ratio
Median Price
$163,725
⇩ 7.5% vs $177,000 last year
Average Price
$192,274
⇩ 6.4% vs $205,476 last year
Days on Market
53
⇩ 19.7% vs 66 days last year

Price Per Square Foot

Median $/sqft
$113
⇩ 11.7% vs $128/sqft last year
Median Home Size
1,516 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 55 this year vs 51 last year
  • Days on market: 53 now vs 66 last year

Median & Average Pricing

Year over Year
  • Median: $163,725 (-7.5% YoY)
  • Average: $192,274 (-6.4% 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 8.8 miles — 1,254 listings ($236,096,557 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48215Detroit, MI 482150.0 mi51$9,606,105$138,400$188,355
48214Detroit, MI 482141.8 mi149$35,261,446$155,925$236,654
48213Detroit, MI 482132.6 mi93$7,607,214$72,500$81,798
48205Detroit, MI 482054.2 mi239$18,308,356$75,000$76,604
48225Harper Woods, MI 482254.6 mi88$12,335,840$130,625$140,180
48212Hamtramck, MI 482125.7 mi59$10,073,306$181,000$170,734
48226Detroit, MI 482265.8 mi48$24,572,928$369,888$511,936
48021Eastpointe, MI 480216.3 mi145$24,896,645$169,900$171,701
48080Saint Clair Shores, MI 480806.7 mi85$20,742,720$231,150$244,032
48216Detroit, MI 482167.2 mi19$6,183,341$266,250$325,439
48206Detroit, MI 482067.8 mi96$23,302,080$218,250$242,730
48203Highland Park, MI 482038.2 mi124$23,151,916$67,250$186,709
48081Saint Clair Shores, MI 480818.8 mi58$20,054,660$257,450$345,770

Frequently Asked Questions

How many homes are for sale in DETROIT, MI 48215?

As of March 2026, there are 55 active listings in DETROIT, MI (zip code 48215), compared to 51 the prior year.

What is the median home price in DETROIT, MI 48215?

The median listing price in DETROIT, MI 48215 is $163,725 as of March 2026, a 7.5% decrease from $177,000 the prior year.

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

Homes in DETROIT, MI 48215 spend an average of 53 days on the market before going under contract, compared to 66 days the prior year.

Is it a seller's or buyer's market in DETROIT, MI 48215?

Based on current inventory and days-on-market data as of March 2026, DETROIT, MI 48215 is currently a Balanced Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are selling faster, averaging 53 days on market compared to 66 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 48215 save an estimated $3,275 compared to a typical 5% commission on the median listing price of $163,725. 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.