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Conant Gardens Grixdale Kranz Woods Van Stueban

DETROIT, MI 48234

Real Estate Market Report
Seller's Market
July 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 48234

Conant Gardens · Grixdale · Kranz Woods · Van Stueban

Market Analysis

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

The DETROIT, MI real estate market (48234) currently shows 172 active listings, with 38 pending sales. Homes are averaging 57 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 57 days on market compared to 64 days last year.

The median listing price has fallen 2.4% year-over-year, from $76,750 to $74,900.

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: 32,402  ·  Density: 1,600.7/mi²  ·  Median household income: $35,667

Typical home value: $50,506  ·  Homeownership: 52.3%

Market Overview

Active Listings
172
⇩ 0.6% vs 173 last year
Pending
38
22% pending ratio
Median Price
$74,900
⇩ 2.4% vs $76,750 last year
Average Price
$77,752
⇩ 7.5% vs $84,059 last year
Days on Market
57
⇩ 10.9% vs 64 days last year

Price Per Square Foot

Median $/sqft
$69
⇩ 10.4% vs $77/sqft last year
Median Home Size
1,055 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 172 this year vs 173 last year
  • Days on market: 57 now vs 64 last year

Median & Average Pricing

Year over Year
  • Median: $74,900 (-2.4% YoY)
  • Average: $77,752 (-7.5% 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 6.0 miles — 1,305 listings ($239,250,085 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48234Detroit, MI 482340.0 mi148$11,470,888$75,000$77,506
48091Warren, MI 480912.7 mi111$17,924,280$151,450$161,480
48213Detroit, MI 482133.2 mi93$7,607,214$72,500$81,798
48211Detroit, MI 482113.4 mi10$971,500$32,450$97,150
48089Warren, MI 480893.5 mi145$21,827,430$138,720$150,534
48202Detroit, MI 482024.4 mi68$16,716,032$232,450$245,824
48206Detroit, MI 482065.2 mi96$23,302,080$218,250$242,730
48214Detroit, MI 482145.3 mi149$35,261,446$155,925$236,654
48221Detroit, MI 482215.6 mi209$42,169,512$184,500$201,768
48238Detroit, MI 482385.7 mi176$16,512,672$85,000$93,822
48215Detroit, MI 482155.8 mi51$9,606,105$138,400$188,355
48201Detroit, MI 482015.9 mi43$30,088,046$444,800$699,722
48069Pleasant Ridge, MI 480696.0 mi6$5,792,880$734,900$965,480

Frequently Asked Questions

How many homes are for sale in DETROIT, MI 48234?

As of July 2026, there are 172 active listings in DETROIT, MI (zip code 48234), compared to 173 the prior year.

What is the median home price in DETROIT, MI 48234?

The median listing price in DETROIT, MI 48234 is $74,900 as of July 2026, a 2.4% decrease from $76,750 the prior year.

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

Homes in DETROIT, MI 48234 spend an average of 57 days on the market before going under contract, compared to 64 days the prior year.

Is it a seller's or buyer's market in DETROIT, MI 48234?

Based on current inventory and days-on-market data as of July 2026, DETROIT, MI 48234 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 57 days on market compared to 64 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 48234 save an estimated $1,498 compared to a typical 5% commission on the median listing price of $74,900. 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.