Art Center (Woodward) · Boston - Edison · New Center · NW Goldberg · Virginia Park · Wayne State University (WSU)
Data as of February 2026. Source: Realtor.com.
The DETROIT, MI real estate market (48202) currently shows 68 active listings, with 15 pending sales. Homes are averaging 86 days on the market before going under contract.
Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 86 days on market compared to 60 days last year.
The median listing price has fallen 14% year-over-year, from $270,175 to $232,450.
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: 14,617 · Density: 1,683.9/mi² · Median household income: $34,244
Typical home value: $184,266 · Homeownership: 29.3%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48202 | Detroit, MI 48202 | 0.0 mi | 70 | $17,128,370 | $235,000 | $244,691 |
| 48211 | Detroit, MI 48211 | 1.7 mi | 10 | $1,326,200 | $47,450 | $132,620 |
| 48201 | Detroit, MI 48201 | 2.1 mi | 40 | $26,907,560 | $439,900 | $672,689 |
| 48226 | Detroit, MI 48226 | 3.3 mi | 41 | $22,027,045 | $374,850 | $537,245 |
| 48204 | Detroit, MI 48204 | 3.4 mi | 117 | $10,837,359 | $85,250 | $92,627 |
| 48238 | Detroit, MI 48238 | 3.6 mi | 182 | $16,963,674 | $81,950 | $93,207 |
| 48207 | Detroit, MI 48207 | 3.9 mi | 92 | $19,534,912 | $185,000 | $212,336 |
| 48213 | Detroit, MI 48213 | 4.5 mi | 103 | $8,518,512 | $78,000 | $82,704 |
| 48221 | Detroit, MI 48221 | 5.2 mi | 214 | $41,616,366 | $175,000 | $194,469 |
| 48227 | Detroit, MI 48227 | 5.9 mi | 250 | $25,865,750 | $95,000 | $103,463 |
| 48215 | Detroit, MI 48215 | 6.3 mi | 52 | $9,340,448 | $132,000 | $179,624 |
| 48126 | Dearborn, MI 48126 | 6.4 mi | 42 | $11,904,186 | $269,775 | $283,433 |
| 48091 | Warren, MI 48091 | 6.5 mi | 103 | $17,364,152 | $165,500 | $168,584 |
As of February 2026, there are 68 active listings in DETROIT, MI (zip code 48202), compared to 74 the prior year.
The median listing price in DETROIT, MI 48202 is $232,450 as of February 2026, a 14% decrease from $270,175 the prior year.
Homes in DETROIT, MI 48202 spend an average of 86 days on the market before going under contract, compared to 60 days the prior year.
Based on current inventory and days-on-market data as of February 2026, DETROIT, MI 48202 is currently a Balanced Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 86 days on market compared to 60 days last year.
With SELL123.com's maximum 3% commission, sellers in DETROIT, MI 48202 save an estimated $4,649 compared to a typical 5% commission on the median listing price of $232,450. 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.