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Briggs Brush Park Corktown Downtown Foxtown (Stadium) Medical Center Midtown Woodbridge

DETROIT, MI 48201

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 48201

Briggs · Brush Park · Corktown · Downtown · Foxtown (Stadium) · Medical Center · Midtown · Woodbridge

Market Analysis

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

The DETROIT, MI real estate market (48201) currently shows 43 active listings, with 9 pending sales. Homes are averaging 123 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 123 days on market compared to 62 days last year.

The median listing price has fallen 15.4% year-over-year, from $525,500 to $444,800.

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: 14,287  ·  Density: 2,910.7/mi²  ·  Median household income: $22,243

Typical home value: $389,454  ·  Homeownership: 11.4%

Market Overview

Active Listings
43
⇧ 13.2% vs 38 last year
Pending
9
21% pending ratio
Median Price
$444,800
⇩ 15.4% vs $525,500 last year
Average Price
$699,722
⇩ 2.7% vs $719,207 last year
Days on Market
123
⇧ 98.4% vs 62 days last year

Price Per Square Foot

Median $/sqft
$354
⇩ 5.9% vs $376/sqft last year
Median Home Size
1,466 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 43 this year vs 38 last year
  • Days on market: 123 now vs 62 last year

Median & Average Pricing

Year over Year
  • Median: $444,800 (-15.4% YoY)
  • Average: $699,722 (-2.7% 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 7.3 miles — 1,168 listings ($200,473,814 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48201Detroit, MI 482010.0 mi40$26,907,560$439,900$672,689
48208Detroit, MI 482081.6 mi43$9,506,311$199,900$221,077
48202Detroit, MI 482022.1 mi70$17,128,370$235,000$244,691
48207Detroit, MI 482072.5 mi92$19,534,912$185,000$212,336
48210Detroit, MI 482103.6 mi38$4,480,618$110,000$117,911
48209Detroit, MI 482094.1 mi22$4,515,060$195,000$205,230
48204Detroit, MI 482044.4 mi117$10,837,359$85,250$92,627
48238Detroit, MI 482385.4 mi182$16,963,674$81,950$93,207
48215Detroit, MI 482155.7 mi52$9,340,448$132,000$179,624
48120Dearborn, MI 481206.4 mi6$1,873,200$319,900$312,200
48126Dearborn, MI 481266.6 mi42$11,904,186$269,775$283,433
48221Detroit, MI 482217.2 mi214$41,616,366$175,000$194,469
48227Detroit, MI 482277.3 mi250$25,865,750$95,000$103,463

Frequently Asked Questions

How many homes are for sale in DETROIT, MI 48201?

As of February 2026, there are 43 active listings in DETROIT, MI (zip code 48201), compared to 38 the prior year.

What is the median home price in DETROIT, MI 48201?

The median listing price in DETROIT, MI 48201 is $444,800 as of February 2026, a 15.4% decrease from $525,500 the prior year.

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

Homes in DETROIT, MI 48201 spend an average of 123 days on the market before going under contract, compared to 62 days the prior year.

Is it a seller's or buyer's market in DETROIT, MI 48201?

Based on current inventory and days-on-market data as of February 2026, DETROIT, MI 48201 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 123 days on market compared to 62 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 48201 save an estimated $8,896 compared to a typical 5% commission on the median listing price of $444,800. 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.