Population: 24,565 · Density: 1,756.6/mi² · Median household income: $29,692
Typical home value: $53,578 · Homeownership: 46.6%
Data as of January 2026. Source: Realtor.com.
The DETROIT, MI real estate market (48238) currently shows 182 active listings, with 22 pending sales. Homes are averaging 74 days on the market before going under contract.
Inventory has increased compared to last year, with 38 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 74 days on market compared to 64 days last year.
The median listing price has risen 9.3% year-over-year, from $75,000 to $81,950.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48238 | Detroit, MI 48238 | 0.0 mi | 182 | $16,963,674 | $81,950 | $93,207 |
| 48221 | Detroit, MI 48221 | 2.2 mi | 214 | $41,616,366 | $175,000 | $194,469 |
| 48203 | Highland Park, MI 48203 | 2.6 mi | 126 | $25,920,720 | $69,948 | $205,720 |
| 48235 | Detroit, MI 48235 | 3.5 mi | 217 | $28,921,326 | $129,900 | $133,278 |
| 48208 | Detroit, MI 48208 | 4.2 mi | 43 | $9,506,311 | $199,900 | $221,077 |
| 48220 | Ferndale, MI 48220 | 4.3 mi | 90 | $25,062,480 | $239,000 | $278,472 |
| 48228 | Detroit, MI 48228 | 4.8 mi | 270 | $25,375,950 | $85,000 | $93,985 |
| 48030 | Hazel Park, MI 48030 | 5.1 mi | 60 | $12,934,080 | $196,500 | $215,568 |
| 48237 | Oak Park, MI 48237 | 5.2 mi | 80 | $19,973,120 | $244,900 | $249,664 |
| 48223 | Detroit, MI 48223 | 5.4 mi | 107 | $12,457,154 | $84,900 | $116,422 |
| 48234 | Detroit, MI 48234 | 5.7 mi | 155 | $11,945,850 | $72,340 | $77,070 |
| 48219 | Detroit, MI 48219 | 6.0 mi | 236 | $25,793,620 | $95,450 | $109,295 |
| 48075 | Southfield, MI 48075 | 6.4 mi | 66 | $17,278,668 | $230,000 | $261,798 |
As of January 2026, there are 182 active listings in DETROIT, MI (zip code 48238), compared to 144 the prior year.
The median listing price in DETROIT, MI 48238 is $81,950 as of January 2026, a 9.3% increase from $75,000 the prior year.
Homes in DETROIT, MI 48238 spend an average of 74 days on the market before going under contract, compared to 64 days the prior year.
Based on current inventory and days-on-market data as of January 2026, DETROIT, MI 48238 is currently a Buyer's Market. Inventory has increased compared to last year, with 38 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 74 days on market compared to 64 days last year.
With SELL123.com's maximum 3% commission, sellers in DETROIT, MI 48238 save an estimated $1,639 compared to a typical 5% commission on the median listing price of $81,950. 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.