Belmont · Grandale · Grandmont-Rosedale · Littlefield
Data as of April 2026. Source: Realtor.com.
The DETROIT, MI real estate market (48227) currently shows 256 active listings, with 57 pending sales. Homes are averaging 54 days on the market before going under contract.
Inventory has increased compared to last year, with 28 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 54 days on market compared to 46 days last year.
The median listing price has fallen 9.9% year-over-year, from $99,900 to $90,000.
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 April 2026, there are 256 active listings in DETROIT, MI (zip code 48227), compared to 228 the prior year.
The median listing price in DETROIT, MI 48227 is $90,000 as of April 2026, a 9.9% decrease from $99,900 the prior year.
Homes in DETROIT, MI 48227 spend an average of 54 days on the market before going under contract, compared to 46 days the prior year.
Based on current inventory and days-on-market data as of April 2026, DETROIT, MI 48227 is currently a Buyer's Market. Inventory has increased compared to last year, with 28 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 54 days on market compared to 46 days last year.
With SELL123.com's maximum 3% commission, sellers in DETROIT, MI 48227 save an estimated $1,800 compared to a typical 5% commission on the median listing price of $90,000. 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.