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East English Village Morningside

DETROIT, MI 48224

Real Estate Market Report  ·  Wayne County
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 48224

East English Village · Morningside

Market Analysis

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

The DETROIT, MI real estate market (48224) currently shows 345 active listings, with 75 pending sales. Homes are averaging 62 days on the market before going under contract.

Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 62 days on market compared to 59 days last year.

The median listing price has fallen 4.9% year-over-year, from $99,900 to $95,000.

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 Context

Market Context

Population: 38,193  ·  Density: 2,555.9/mi²  ·  Median household income: $41,011

Typical home value: $67,007  ·  Homeownership: 57.4%

Market Overview

Active Listings
345
⇧ 8.2% vs 319 last year
Pending
75
22% pending ratio
Median Price
$95,000
⇩ 4.9% vs $99,900 last year
Average Price
$108,492
⇩ 1.2% vs $109,782 last year
Days on Market
62
⇧ 5.1% vs 59 days last year

Price Per Square Foot

Median $/sqft
$85
⇩ 2.3% vs $87/sqft last year
Median Home Size
1,156 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 345 this year vs 319 last year
  • Days on market: 62 now vs 59 last year

Median & Average Pricing

Year over Year
  • Median: $95,000 (-4.9% YoY)
  • Average: $108,492 (-1.2% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.3 miles — 1,321 listings ($274,316,593 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48224Detroit, MI 482240.0 mi324$35,316,324$95,000$109,001
48230Grosse Pointe, MI 482302.1 mi42$32,991,672$499,500$785,516
48215Detroit, MI 482152.5 mi51$9,606,105$138,400$188,355
48213Detroit, MI 482132.9 mi93$7,607,214$72,500$81,798
48214Detroit, MI 482143.9 mi149$35,261,446$155,925$236,654
48089Warren, MI 480894.9 mi145$21,827,430$138,720$150,534
48207Detroit, MI 482075.6 mi101$21,211,919$182,500$210,019
48212Hamtramck, MI 482125.8 mi59$10,073,306$181,000$170,734
48015Center Line, MI 480156.5 mi31$4,684,007$165,500$151,097
48091Warren, MI 480917.1 mi111$17,924,280$151,450$161,480
48201Detroit, MI 482017.5 mi43$30,088,046$444,800$699,722
48226Detroit, MI 482267.8 mi48$24,572,928$369,888$511,936
48203Highland Park, MI 482038.3 mi124$23,151,916$67,250$186,709

Frequently Asked Questions

How many homes are for sale in DETROIT, MI 48224?

As of March 2026, there are 345 active listings in DETROIT, MI (zip code 48224), compared to 319 the prior year.

What is the median home price in DETROIT, MI 48224?

The median listing price in DETROIT, MI 48224 is $95,000 as of March 2026, a 4.9% decrease from $99,900 the prior year.

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

Homes in DETROIT, MI 48224 spend an average of 62 days on the market before going under contract, compared to 59 days the prior year.

Is it a seller's or buyer's market in DETROIT, MI 48224?

Based on current inventory and days-on-market data as of March 2026, DETROIT, MI 48224 is currently a Buyer's Market. Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 62 days on market compared to 59 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 48224 save an estimated $1,900 compared to a typical 5% commission on the median listing price of $95,000. 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.