8 Mile Wyoming (Eight Mile Wyoming) · Bagley · Fitzgerald · Green Acres · Leggett Farm · Sherwood Forest · University District
Data as of September 2026. Source: Realtor.com.
The DETROIT, MI real estate market (48221) currently shows 254 active listings, with 71 pending sales. Homes are averaging 54 days on the market before going under contract.
Inventory has tightened compared to last year, with 21 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 54 days on market compared to 49 days last year.
The median listing price has fallen 9.8% year-over-year, from $191,150 to $172,450.
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 September 2026, there are 254 active listings in DETROIT, MI (zip code 48221), compared to 275 the prior year.
The median listing price in DETROIT, MI 48221 is $172,450 as of September 2026, a 9.8% decrease from $191,150 the prior year.
Homes in DETROIT, MI 48221 spend an average of 54 days on the market before going under contract, compared to 49 days the prior year.
Based on current inventory and days-on-market data as of September 2026, DETROIT, MI 48221 is currently a Balanced Market. Inventory has tightened compared to last year, with 21 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 54 days on market compared to 49 days last year.
With SELL123.com's maximum 3% commission, sellers in DETROIT, MI 48221 save an estimated $3,449 compared to a typical 5% commission on the median listing price of $172,450. 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.