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Plymouth-Hubbell

DETROIT, MI 48227

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

Market Overview

Active Listings
250
⇧ 3.7% vs 241 last year
Pending
66
26% pending ratio
Median Price
$95,000
⇧ 5.6% vs $90,000 last year
Average Price
$103,463
⇧ 4.6% vs $98,869 last year
Days on Market
75
⇧ 10.3% vs 68 days last year

Market Context

Population: 39,024  ·  Density: 2,008.1/mi²  ·  Median household income: $33,579

Typical home value: $62,112  ·  Homeownership: 55.4%

Market Analysis

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

The DETROIT, MI real estate market (48227) currently shows 250 active listings, with 66 pending sales. Homes are averaging 75 days on the market before going under contract.

Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 75 days on market compared to 68 days last year.

The median listing price has risen 5.6% year-over-year, from $90,000 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 250 this year vs 241 last year
  • Days on market: 75 now vs 68 last year

Median & Average Pricing

Year over Year
  • Median: $95,000 (+5.6% YoY)
  • Average: $103,463 (+4.6% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 6.8 miles — 1,458 listings ($244,491,994 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48227Detroit, MI 482270.0 mi250$25,865,750$95,000$103,463
48238Detroit, MI 482382.7 mi182$16,963,674$81,950$93,207
48223Detroit, MI 482232.8 mi107$12,457,154$84,900$116,422
48221Detroit, MI 482213.5 mi214$41,616,366$175,000$194,469
48219Detroit, MI 482194.1 mi236$25,793,620$95,450$109,295
48210Detroit, MI 482104.8 mi38$4,480,618$110,000$117,911
48203Highland Park, MI 482035.1 mi126$25,920,720$69,948$205,720
48075Southfield, MI 480755.5 mi66$17,278,668$230,000$261,798
48128Dearborn, MI 481285.7 mi24$9,344,640$349,350$389,360
48127Dearborn Heights, MI 481275.8 mi57$19,072,599$269,500$334,607
48202Detroit, MI 482025.9 mi70$17,128,370$235,000$244,691
48069Pleasant Ridge, MI 480696.3 mi5$4,599,000$736,950$919,800
48124Dearborn, MI 481246.8 mi83$23,970,815$249,400$288,805

Frequently Asked Questions

How many homes are for sale in DETROIT, MI 48227?

As of January 2026, there are 250 active listings in DETROIT, MI (zip code 48227), compared to 241 the prior year.

What is the median home price in DETROIT, MI 48227?

The median listing price in DETROIT, MI 48227 is $95,000 as of January 2026, a 5.6% increase from $90,000 the prior year.

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

Homes in DETROIT, MI 48227 spend an average of 75 days on the market before going under contract, compared to 68 days the prior year.

Is it a seller's or buyer's market in DETROIT, MI 48227?

Based on current inventory and days-on-market data as of January 2026, DETROIT, MI 48227 is currently a Buyer's Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 75 days on market compared to 68 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 48227 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.