Briggs · Corktown · Hubbard-Richard · Mexicantown (Southwest) · Millenium Village · West Side Industrial
Data as of September 2026. Source: Realtor.com.
The DETROIT, MI real estate market (48216) currently shows 32 active listings, with 7 pending sales. Homes are averaging 82 days on the market before going under contract.
Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 82 days on market compared to 50 days last year.
The median listing price has fallen 12.8% year-over-year, from $284,250 to $248,000.
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 September 2026, there are 32 active listings in DETROIT, MI (zip code 48216), compared to 24 the prior year.
The median listing price in DETROIT, MI 48216 is $248,000 as of September 2026, a 12.8% decrease from $284,250 the prior year.
Homes in DETROIT, MI 48216 spend an average of 82 days on the market before going under contract, compared to 50 days the prior year.
Based on current inventory and days-on-market data as of September 2026, DETROIT, MI 48216 is currently a Buyer's Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 82 days on market compared to 50 days last year.
With SELL123.com's maximum 3% commission, sellers in DETROIT, MI 48216 save an estimated $4,960 compared to a typical 5% commission on the median listing price of $248,000. 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.