8 Mile Wyoming (Eight Mile Wyoming) · Bagley · Fitzgerald · Green Acres · Leggett Farm · Sherwood Forest · University District
Data as of July 2026. Source: Realtor.com.
The DETROIT, MI real estate market (48221) currently shows 255 active listings, with 82 pending sales. Homes are averaging 46 days on the market before going under contract.
Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 46 days on market compared to 45 days last year.
The median listing price has fallen 2.2% year-over-year, from $189,200 to $185,000.
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.
Population: 41,570 · Density: 3,089.8/mi² · Median household income: $51,181
Typical home value: $121,374 · Homeownership: 64.0%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48221 | Detroit, MI 48221 | 0.0 mi | 209 | $42,169,512 | $184,500 | $201,768 |
| 48220 | Ferndale, MI 48220 | 2.3 mi | 78 | $21,737,196 | $233,725 | $278,682 |
| 48203 | Highland Park, MI 48203 | 2.4 mi | 124 | $23,151,916 | $67,250 | $186,709 |
| 48237 | Oak Park, MI 48237 | 3.1 mi | 78 | $18,535,608 | $233,450 | $237,636 |
| 48030 | Hazel Park, MI 48030 | 3.6 mi | 75 | $15,204,300 | $187,900 | $202,724 |
| 48206 | Detroit, MI 48206 | 4.2 mi | 96 | $23,302,080 | $218,250 | $242,730 |
| 48067 | Royal Oak, MI 48067 | 4.4 mi | 102 | $48,586,068 | $397,950 | $476,334 |
| 48212 | Hamtramck, MI 48212 | 4.9 mi | 59 | $10,073,306 | $181,000 | $170,734 |
| 48072 | Berkley, MI 48072 | 5.2 mi | 43 | $15,454,673 | $332,475 | $359,411 |
| 48091 | Warren, MI 48091 | 5.4 mi | 111 | $17,924,280 | $151,450 | $161,480 |
| 48234 | Detroit, MI 48234 | 5.6 mi | 148 | $11,470,888 | $75,000 | $77,506 |
| 48228 | Detroit, MI 48228 | 6.1 mi | 261 | $23,429,448 | $81,750 | $89,768 |
| 48208 | Detroit, MI 48208 | 6.2 mi | 41 | $8,311,233 | $215,925 | $202,713 |
As of July 2026, there are 255 active listings in DETROIT, MI (zip code 48221), compared to 262 the prior year.
The median listing price in DETROIT, MI 48221 is $185,000 as of July 2026, a 2.2% decrease from $189,200 the prior year.
Homes in DETROIT, MI 48221 spend an average of 46 days on the market before going under contract, compared to 45 days the prior year.
Based on current inventory and days-on-market data as of July 2026, DETROIT, MI 48221 is currently a Balanced Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 46 days on market compared to 45 days last year.
With SELL123.com's maximum 3% commission, sellers in DETROIT, MI 48221 save an estimated $3,700 compared to a typical 5% commission on the median listing price of $185,000. 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.