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Conner Creek Ind East Village (English Village) Gold Coast (Joseph Barry) Indian Village Islandview Marina District West Village

DETROIT, MI 48214

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 48214

Conner Creek Ind · East Village (English Village) · Gold Coast (Joseph Barry) · Indian Village · Islandview · Marina District · West Village

Market Analysis

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

The DETROIT, MI real estate market (48214) currently shows 149 active listings, with 50 pending sales. Homes are averaging 60 days on the market before going under contract.

Inventory has increased compared to last year, with 31 more homes available — giving buyers more choice.

Homes are selling faster, averaging 60 days on market compared to 104 days last year.

The median listing price has fallen 21% year-over-year, from $197,400 to $155,925.

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: 19,372  ·  Density: 1,480.7/mi²  ·  Median household income: $31,833

Typical home value: $123,789  ·  Homeownership: 41.1%

Market Overview

Active Listings
149
⇧ 26.3% vs 118 last year
Pending
50
34% pending ratio
Median Price
$155,925
⇩ 21% vs $197,400 last year
Average Price
$236,654
⇧ 5% vs $225,392 last year
Days on Market
60
⇩ 42.3% vs 104 days last year

Price Per Square Foot

Median $/sqft
$115
⇩ 6.5% vs $123/sqft last year
Median Home Size
1,502 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 149 this year vs 118 last year
  • Days on market: 60 now vs 104 last year

Median & Average Pricing

Year over Year
  • Median: $155,925 (-21% YoY)
  • Average: $236,654 (+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 8.0 miles — 1,320 listings ($255,870,886 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48214Detroit, MI 482140.0 mi145$33,984,665$149,900$234,377
48215Detroit, MI 482151.8 mi52$9,340,448$132,000$179,624
48211Detroit, MI 482113.2 mi10$1,326,200$47,450$132,620
48224Detroit, MI 482243.9 mi346$37,904,300$99,000$109,550
48226Detroit, MI 482264.0 mi41$22,027,045$374,850$537,245
48212Hamtramck, MI 482124.7 mi60$10,381,560$180,000$173,026
48234Detroit, MI 482345.3 mi155$11,945,850$72,340$77,070
48208Detroit, MI 482085.5 mi43$9,506,311$199,900$221,077
48236Grosse Pointe, MI 482366.2 mi87$51,982,065$399,500$597,495
48203Highland Park, MI 482037.1 mi126$25,920,720$69,948$205,720
48089Warren, MI 480897.3 mi130$19,672,510$139,900$151,327
48209Detroit, MI 482097.8 mi22$4,515,060$195,000$205,230
48091Warren, MI 480918.0 mi103$17,364,152$165,500$168,584

Frequently Asked Questions

How many homes are for sale in DETROIT, MI 48214?

As of February 2026, there are 149 active listings in DETROIT, MI (zip code 48214), compared to 118 the prior year.

What is the median home price in DETROIT, MI 48214?

The median listing price in DETROIT, MI 48214 is $155,925 as of February 2026, a 21% decrease from $197,400 the prior year.

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

Homes in DETROIT, MI 48214 spend an average of 60 days on the market before going under contract, compared to 104 days the prior year.

Is it a seller's or buyer's market in DETROIT, MI 48214?

Based on current inventory and days-on-market data as of February 2026, DETROIT, MI 48214 is currently a Balanced Market. Inventory has increased compared to last year, with 31 more homes available — giving buyers more choice. Homes are selling faster, averaging 60 days on market compared to 104 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 48214 save an estimated $3,119 compared to a typical 5% commission on the median listing price of $155,925. 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.