8 Mile Wyoming (Eight Mile Wyoming) · Bagley · Fitzgerald · Green Acres · Leggett Farm · Sherwood Forest · University District
Data as of February 2026. Source: Realtor.com.
The DETROIT, MI real estate market (48221) currently shows 209 active listings, with 55 pending sales. Homes are averaging 71 days on the market before going under contract.
Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 71 days on market compared to 56 days last year.
The median listing price has risen 5.5% year-over-year, from $174,948 to $184,500.
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: 41,570 · Density: 3,089.8/mi² · Median household income: $51,181
Typical home value: $121,374 · Homeownership: 64.0%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48221 | Detroit, MI 48221 | 0.0 mi | 214 | $41,616,366 | $175,000 | $194,469 |
| 48220 | Ferndale, MI 48220 | 2.3 mi | 90 | $25,062,480 | $239,000 | $278,472 |
| 48203 | Highland Park, MI 48203 | 2.4 mi | 126 | $25,920,720 | $69,948 | $205,720 |
| 48237 | Oak Park, MI 48237 | 3.1 mi | 80 | $19,973,120 | $244,900 | $249,664 |
| 48030 | Hazel Park, MI 48030 | 3.6 mi | 60 | $12,934,080 | $196,500 | $215,568 |
| 48206 | Detroit, MI 48206 | 4.2 mi | 104 | $23,225,384 | $199,999 | $223,321 |
| 48067 | Royal Oak, MI 48067 | 4.4 mi | 112 | $51,298,240 | $375,000 | $458,020 |
| 48212 | Hamtramck, MI 48212 | 4.9 mi | 60 | $10,381,560 | $180,000 | $173,026 |
| 48072 | Berkley, MI 48072 | 5.2 mi | 36 | $13,545,684 | $344,950 | $376,269 |
| 48091 | Warren, MI 48091 | 5.4 mi | 103 | $17,364,152 | $165,500 | $168,584 |
| 48234 | Detroit, MI 48234 | 5.6 mi | 155 | $11,945,850 | $72,340 | $77,070 |
| 48228 | Detroit, MI 48228 | 6.1 mi | 270 | $25,375,950 | $85,000 | $93,985 |
| 48208 | Detroit, MI 48208 | 6.2 mi | 43 | $9,506,311 | $199,900 | $221,077 |
As of February 2026, there are 209 active listings in DETROIT, MI (zip code 48221), compared to 218 the prior year.
The median listing price in DETROIT, MI 48221 is $184,500 as of February 2026, a 5.5% increase from $174,948 the prior year.
Homes in DETROIT, MI 48221 spend an average of 71 days on the market before going under contract, compared to 56 days the prior year.
Based on current inventory and days-on-market data as of February 2026, DETROIT, MI 48221 is currently a Balanced Market. Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 71 days on market compared to 56 days last year.
With SELL123.com's maximum 3% commission, sellers in DETROIT, MI 48221 save an estimated $3,690 compared to a typical 5% commission on the median listing price of $184,500. 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.