Population: 38,193 · Density: 2,555.9/mi² · Median household income: $41,011
Typical home value: $67,007 · Homeownership: 57.4%
Data as of January 2026. Source: Realtor.com.
The DETROIT, MI real estate market (48224) currently shows 346 active listings, with 83 pending sales. Homes are averaging 77 days on the market before going under contract.
Inventory has increased compared to last year, with 25 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 77 days on market compared to 66 days last year.
The median listing price has fallen 0.9% year-over-year, from $99,900 to $99,000.
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 $ |
|---|---|---|---|---|---|---|
| 48224 | Detroit, MI 48224 | 0.0 mi | 346 | $37,904,300 | $99,000 | $109,550 |
| 48230 | Grosse Pointe, MI 48230 | 2.1 mi | 37 | $28,884,568 | $446,500 | $780,664 |
| 48215 | Detroit, MI 48215 | 2.5 mi | 52 | $9,340,448 | $132,000 | $179,624 |
| 48213 | Detroit, MI 48213 | 2.9 mi | 103 | $8,518,512 | $78,000 | $82,704 |
| 48214 | Detroit, MI 48214 | 3.9 mi | 145 | $33,984,665 | $149,900 | $234,377 |
| 48089 | Warren, MI 48089 | 4.9 mi | 130 | $19,672,510 | $139,900 | $151,327 |
| 48207 | Detroit, MI 48207 | 5.6 mi | 92 | $19,534,912 | $185,000 | $212,336 |
| 48212 | Hamtramck, MI 48212 | 5.8 mi | 60 | $10,381,560 | $180,000 | $173,026 |
| 48015 | Center Line, MI 48015 | 6.5 mi | 24 | $3,859,008 | $172,500 | $160,792 |
| 48091 | Warren, MI 48091 | 7.1 mi | 103 | $17,364,152 | $165,500 | $168,584 |
| 48201 | Detroit, MI 48201 | 7.5 mi | 40 | $26,907,560 | $439,900 | $672,689 |
| 48226 | Detroit, MI 48226 | 7.8 mi | 41 | $22,027,045 | $374,850 | $537,245 |
| 48203 | Highland Park, MI 48203 | 8.3 mi | 126 | $25,920,720 | $69,948 | $205,720 |
As of January 2026, there are 346 active listings in DETROIT, MI (zip code 48224), compared to 321 the prior year.
The median listing price in DETROIT, MI 48224 is $99,000 as of January 2026, a 0.9% decrease from $99,900 the prior year.
Homes in DETROIT, MI 48224 spend an average of 77 days on the market before going under contract, compared to 66 days the prior year.
Based on current inventory and days-on-market data as of January 2026, DETROIT, MI 48224 is currently a Buyer's Market. Inventory has increased compared to last year, with 25 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 77 days on market compared to 66 days last year.
With SELL123.com's maximum 3% commission, sellers in DETROIT, MI 48224 save an estimated $1,980 compared to a typical 5% commission on the median listing price of $99,000. 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.