Active Listings
20
⇧ 33.3% vs 15 last year
Population: 5,171 · Density: 880.2/mi² · Median household income: $41,066
Typical home value: $213,291 · Homeownership: 32.9%
Data as of January 2026. Source: Realtor.com.
The DETROIT, MI real estate market (48216) currently shows 20 active listings, with 4 pending sales. Homes are averaging 87 days on the market before going under contract.
Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.
Homes are selling faster, averaging 87 days on market compared to 105 days last year.
The median listing price has fallen 44% year-over-year, from $462,500 to $259,000.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48216 | Detroit, MI 48216 | 0.0 mi | 20 | $5,989,000 | $259,000 | $299,450 |
| 48208 | Detroit, MI 48208 | 1.7 mi | 43 | $9,506,311 | $199,900 | $221,077 |
| 48209 | Detroit, MI 48209 | 2.4 mi | 22 | $4,515,060 | $195,000 | $205,230 |
| 48202 | Detroit, MI 48202 | 3.3 mi | 70 | $17,128,370 | $235,000 | $244,691 |
| 48207 | Detroit, MI 48207 | 3.8 mi | 92 | $19,534,912 | $185,000 | $212,336 |
| 48204 | Detroit, MI 48204 | 4.2 mi | 117 | $10,837,359 | $85,250 | $92,627 |
| 48120 | Dearborn, MI 48120 | 4.9 mi | 6 | $1,873,200 | $319,900 | $312,200 |
| 48214 | Detroit, MI 48214 | 5.4 mi | 145 | $33,984,665 | $149,900 | $234,377 |
| 48238 | Detroit, MI 48238 | 5.8 mi | 182 | $16,963,674 | $81,950 | $93,207 |
| 48122 | Melvindale, MI 48122 | 6.0 mi | 24 | $3,918,600 | $159,950 | $163,275 |
| 48213 | Detroit, MI 48213 | 6.5 mi | 103 | $8,518,512 | $78,000 | $82,704 |
| 48227 | Detroit, MI 48227 | 7.2 mi | 250 | $25,865,750 | $95,000 | $103,463 |
| 48228 | Detroit, MI 48228 | 7.4 mi | 270 | $25,375,950 | $85,000 | $93,985 |
As of January 2026, there are 20 active listings in DETROIT, MI (zip code 48216), compared to 15 the prior year.
The median listing price in DETROIT, MI 48216 is $259,000 as of January 2026, a 44% decrease from $462,500 the prior year.
Homes in DETROIT, MI 48216 spend an average of 87 days on the market before going under contract, compared to 105 days the prior year.
Based on current inventory and days-on-market data as of January 2026, DETROIT, MI 48216 is currently a Balanced Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are selling faster, averaging 87 days on market compared to 105 days last year.
With SELL123.com's maximum 3% commission, sellers in DETROIT, MI 48216 save an estimated $5,180 compared to a typical 5% commission on the median listing price of $259,000. 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.