Briggs · Corktown · Hubbard-Richard · Mexicantown (Southwest) · Millenium Village · West Side Industrial
Data as of July 2026. Source: Realtor.com.
The DETROIT, MI real estate market (48216) currently shows 33 active listings, with 6 pending sales. Homes are averaging 40 days on the market before going under contract.
Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice.
Homes are selling faster, averaging 40 days on market compared to 42 days last year.
The median listing price has risen 1.9% year-over-year, from $257,250 to $262,125.
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.
Population: 5,171 · Density: 880.2/mi² · Median household income: $41,066
Typical home value: $213,291 · Homeownership: 32.9%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48216 | Detroit, MI 48216 | 0.0 mi | 19 | $6,183,341 | $266,250 | $325,439 |
| 48208 | Detroit, MI 48208 | 1.7 mi | 41 | $8,311,233 | $215,925 | $202,713 |
| 48209 | Detroit, MI 48209 | 2.4 mi | 24 | $4,740,912 | $187,450 | $197,538 |
| 48202 | Detroit, MI 48202 | 3.3 mi | 68 | $16,716,032 | $232,450 | $245,824 |
| 48207 | Detroit, MI 48207 | 3.8 mi | 101 | $21,211,919 | $182,500 | $210,019 |
| 48204 | Detroit, MI 48204 | 4.2 mi | 109 | $10,115,200 | $85,500 | $92,800 |
| 48120 | Dearborn, MI 48120 | 4.9 mi | 6 | $1,665,948 | $283,975 | $277,658 |
| 48214 | Detroit, MI 48214 | 5.4 mi | 149 | $35,261,446 | $155,925 | $236,654 |
| 48238 | Detroit, MI 48238 | 5.8 mi | 176 | $16,512,672 | $85,000 | $93,822 |
| 48122 | Melvindale, MI 48122 | 6.0 mi | 24 | $4,117,008 | $159,950 | $171,542 |
| 48213 | Detroit, MI 48213 | 6.5 mi | 93 | $7,607,214 | $72,500 | $81,798 |
| 48227 | Detroit, MI 48227 | 7.2 mi | 235 | $24,622,830 | $95,000 | $104,778 |
| 48228 | Detroit, MI 48228 | 7.4 mi | 261 | $23,429,448 | $81,750 | $89,768 |
As of July 2026, there are 33 active listings in DETROIT, MI (zip code 48216), compared to 21 the prior year.
The median listing price in DETROIT, MI 48216 is $262,125 as of July 2026, a 1.9% increase from $257,250 the prior year.
Homes in DETROIT, MI 48216 spend an average of 40 days on the market before going under contract, compared to 42 days the prior year.
Based on current inventory and days-on-market data as of July 2026, DETROIT, MI 48216 is currently a Balanced Market. Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice. Homes are selling faster, averaging 40 days on market compared to 42 days last year.
With SELL123.com's maximum 3% commission, sellers in DETROIT, MI 48216 save an estimated $5,243 compared to a typical 5% commission on the median listing price of $262,125. 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.