Market Intelligence · MI / Detroit

Detroit, MI 48211 Housing Market

In Detroit's 48211 ZIP code, the typical home value is $59,771, down 18.7% over the past year. Homes here carry a median list price of $172,475 and take a median of 54 days on market as of June 1, 2026.

Updated June 2026Median value$60K

The median home value in Detroit, MI 48211 is $60K as of June 2026, down 18.7% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 48211 range

$55K to $65K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-18.7% over 12 months

Typical home value in 48211 over the last 12 months: $74K in Jun 2025 to $60K in Jun 2026 (-18.7%).

Jun 2025$74K

Jun 2026$60K

The numbers

What is the 48211 housing market like?

Typical home value

$60K

Down18.7%YoY

Median list price

$172K

Days on market

54

Down36.5%MoM

Homes for sale

16

Price cuts

23.8%

New listings

2

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 48211 home prices compare?

  • 48211$59,771
  • Detroit$90,762
  • Michigan$247,122
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Detroit: 25 ZIPs; Michigan: 891 ZIPs; United States: 26,270 ZIPs).

Context

The 48211 market has 16 homes for sale as of June 1, 2026, with 2 new listings added recently. The median list price sits at $172,475, while the typical home value is $59,771. About 23.8% of listings have had a price cut, and the median time on market is 54 days. Values are down 18.7% over the past year. Sellers here should set expectations carefully, since the data points to a soft market and buyers with room to negotiate.

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