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Boynton

DETROIT, MI 48217

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

Market Overview

Active Listings
12
⇧ 9.1% vs 11 last year
Pending
5
42% pending ratio
Median Price
$80,000
⇧ 12.4% vs $71,175 last year
Average Price
$91,000
⇧ 17.4% vs $77,539 last year
Days on Market
52
⇩ 29.7% vs 74 days last year

Market Context

Population: 6,660  ·  Density: 1,114.2/mi²  ·  Median household income: $45,870

Typical home value: $44,687  ·  Homeownership: 63.0%

Market Analysis

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

The DETROIT, MI real estate market (48217) currently shows 12 active listings, with 5 pending sales. Homes are averaging 52 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are selling faster, averaging 52 days on market compared to 74 days last year.

The median listing price has risen 12.4% year-over-year, from $71,175 to $80,000.

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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 12 this year vs 11 last year
  • Days on market: 52 now vs 74 last year

Median & Average Pricing

Year over Year
  • Median: $80,000 (+12.4% YoY)
  • Average: $91,000 (+17.4% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 7.7 miles — 1,010 listings ($185,155,591 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48217Detroit, MI 482170.0 mi12$1,092,000$80,000$91,000
48218River Rouge, MI 482181.3 mi43$4,367,596$97,450$101,572
48229Ecorse, MI 482292.1 mi37$3,828,538$99,900$103,474
48146Lincoln Park, MI 481462.8 mi121$19,582,277$159,400$161,837
48126Dearborn, MI 481264.0 mi42$11,904,186$269,775$283,433
48192Wyandotte, MI 481924.6 mi69$19,984,401$204,875$289,629
48216Detroit, MI 482165.1 mi20$5,989,000$259,000$299,450
48195Southgate, MI 481955.7 mi65$14,932,970$199,900$229,738
48204Detroit, MI 482046.1 mi117$10,837,359$85,250$92,627
48228Detroit, MI 482286.3 mi270$25,375,950$85,000$93,985
48201Detroit, MI 482016.8 mi40$26,907,560$439,900$672,689
48206Detroit, MI 482067.1 mi104$23,225,384$199,999$223,321
48202Detroit, MI 482027.7 mi70$17,128,370$235,000$244,691

Frequently Asked Questions

How many homes are for sale in DETROIT, MI 48217?

As of January 2026, there are 12 active listings in DETROIT, MI (zip code 48217), compared to 11 the prior year.

What is the median home price in DETROIT, MI 48217?

The median listing price in DETROIT, MI 48217 is $80,000 as of January 2026, a 12.4% increase from $71,175 the prior year.

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

Homes in DETROIT, MI 48217 spend an average of 52 days on the market before going under contract, compared to 74 days the prior year.

Is it a seller's or buyer's market in DETROIT, MI 48217?

Based on current inventory and days-on-market data as of January 2026, DETROIT, MI 48217 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 52 days on market compared to 74 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 48217 save an estimated $1,600 compared to a typical 5% commission on the median listing price of $80,000. 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.