Belmont · Grandale · Grandmont-Rosedale · Littlefield
Data as of July 2026. Source: Realtor.com.
The DETROIT, MI real estate market (48227) currently shows 262 active listings, with 70 pending sales. Homes are averaging 58 days on the market before going under contract.
Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 58 days on market compared to 52 days last year.
The median listing price has fallen 13.7% year-over-year, from $98,500 to $85,000.
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: 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 July 2026, there are 262 active listings in DETROIT, MI (zip code 48227), compared to 250 the prior year.
The median listing price in DETROIT, MI 48227 is $85,000 as of July 2026, a 13.7% decrease from $98,500 the prior year.
Homes in DETROIT, MI 48227 spend an average of 58 days on the market before going under contract, compared to 52 days the prior year.
Based on current inventory and days-on-market data as of July 2026, DETROIT, MI 48227 is currently a Buyer's Market. Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 58 days on market compared to 52 days last year.
With SELL123.com's maximum 3% commission, sellers in DETROIT, MI 48227 save an estimated $1,700 compared to a typical 5% commission on the median listing price of $85,000. 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.