Aviation (Aviation Properties) · Petrosky-Otesgo · Russell Woods
Data as of February 2026. Source: Realtor.com.
The DETROIT, MI real estate market (48204) currently shows 109 active listings, with 24 pending sales. Homes are averaging 79 days on the market before going under contract.
Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 79 days on market compared to 70 days last year.
The median listing price has fallen 0.6% year-over-year, from $86,048 to $85,500.
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: 20,365 · Density: 1,564.5/mi² · Median household income: $29,224
Typical home value: $55,787 · Homeownership: 54.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48204 | Detroit, MI 48204 | 0.0 mi | 117 | $10,837,359 | $85,250 | $92,627 |
| 48238 | Detroit, MI 48238 | 2.1 mi | 182 | $16,963,674 | $81,950 | $93,207 |
| 48208 | Detroit, MI 48208 | 2.9 mi | 43 | $9,506,311 | $199,900 | $221,077 |
| 48126 | Dearborn, MI 48126 | 3.3 mi | 42 | $11,904,186 | $269,775 | $283,433 |
| 48228 | Detroit, MI 48228 | 3.9 mi | 270 | $25,375,950 | $85,000 | $93,985 |
| 48221 | Detroit, MI 48221 | 4.3 mi | 214 | $41,616,366 | $175,000 | $194,469 |
| 48209 | Detroit, MI 48209 | 4.4 mi | 22 | $4,515,060 | $195,000 | $205,230 |
| 48120 | Dearborn, MI 48120 | 4.4 mi | 6 | $1,873,200 | $319,900 | $312,200 |
| 48211 | Detroit, MI 48211 | 5.1 mi | 10 | $1,326,200 | $47,450 | $132,620 |
| 48212 | Hamtramck, MI 48212 | 5.4 mi | 60 | $10,381,560 | $180,000 | $173,026 |
| 48217 | Detroit, MI 48217 | 6.1 mi | 12 | $1,092,000 | $80,000 | $91,000 |
| 48220 | Ferndale, MI 48220 | 6.4 mi | 90 | $25,062,480 | $239,000 | $278,472 |
| 48128 | Dearborn, MI 48128 | 6.7 mi | 24 | $9,344,640 | $349,350 | $389,360 |
As of February 2026, there are 109 active listings in DETROIT, MI (zip code 48204), compared to 86 the prior year.
The median listing price in DETROIT, MI 48204 is $85,500 as of February 2026, a 0.6% decrease from $86,048 the prior year.
Homes in DETROIT, MI 48204 spend an average of 79 days on the market before going under contract, compared to 70 days the prior year.
Based on current inventory and days-on-market data as of February 2026, DETROIT, MI 48204 is currently a Buyer's Market. Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 79 days on market compared to 70 days last year.
With SELL123.com's maximum 3% commission, sellers in DETROIT, MI 48204 save an estimated $1,710 compared to a typical 5% commission on the median listing price of $85,500. 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.