Belmont · Grandale · Grandmont-Rosedale · Littlefield
Data as of June 2026. Source: Realtor.com.
The DETROIT, MI real estate market (48227) currently shows 272 active listings, with 74 pending sales. Homes are averaging 67 days on the market before going under contract.
Inventory has increased compared to last year, with 31 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 67 days on market compared to 47 days last year.
The median listing price has fallen 10.4% year-over-year, from $98,750 to $88,500.
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: 39,024 · Density: 2,008.1/mi² · Median household income: $33,579
Typical home value: $62,112 · Homeownership: 55.4%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48227 | Detroit, MI 48227 | 0.0 mi | 235 | $24,622,830 | $95,000 | $104,778 |
| 48238 | Detroit, MI 48238 | 2.7 mi | 176 | $16,512,672 | $85,000 | $93,822 |
| 48223 | Detroit, MI 48223 | 2.8 mi | 102 | $11,816,904 | $80,125 | $115,852 |
| 48221 | Detroit, MI 48221 | 3.5 mi | 209 | $42,169,512 | $184,500 | $201,768 |
| 48219 | Detroit, MI 48219 | 4.1 mi | 225 | $25,326,900 | $99,425 | $112,564 |
| 48210 | Detroit, MI 48210 | 4.8 mi | 36 | $4,549,788 | $115,000 | $126,383 |
| 48203 | Highland Park, MI 48203 | 5.1 mi | 124 | $23,151,916 | $67,250 | $186,709 |
| 48075 | Southfield, MI 48075 | 5.5 mi | 63 | $16,439,409 | $229,750 | $260,943 |
| 48128 | Dearborn, MI 48128 | 5.7 mi | 20 | $7,669,600 | $349,250 | $383,480 |
| 48127 | Dearborn Heights, MI 48127 | 5.8 mi | 64 | $21,633,984 | $269,500 | $338,031 |
| 48202 | Detroit, MI 48202 | 5.9 mi | 68 | $16,716,032 | $232,450 | $245,824 |
| 48069 | Pleasant Ridge, MI 48069 | 6.3 mi | 6 | $5,792,880 | $734,900 | $965,480 |
| 48124 | Dearborn, MI 48124 | 6.8 mi | 91 | $25,303,278 | $249,225 | $278,058 |
As of June 2026, there are 272 active listings in DETROIT, MI (zip code 48227), compared to 241 the prior year.
The median listing price in DETROIT, MI 48227 is $88,500 as of June 2026, a 10.4% decrease from $98,750 the prior year.
Homes in DETROIT, MI 48227 spend an average of 67 days on the market before going under contract, compared to 47 days the prior year.
Based on current inventory and days-on-market data as of June 2026, DETROIT, MI 48227 is currently a Buyer's Market. Inventory has increased compared to last year, with 31 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 67 days on market compared to 47 days last year.
With SELL123.com's maximum 3% commission, sellers in DETROIT, MI 48227 save an estimated $1,770 compared to a typical 5% commission on the median listing price of $88,500. 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.