Market Intelligence · MI / Detroit

Detroit, MI 48211 Housing Market

The typical home value in Detroit's 48211 ZIP code is $59,522, down 15.7% over the past year. The median list price is $180,000, and homes are spending a median of 62 days on the market.

Updated August 2026Median value$60K

The median home value in Detroit, MI 48211 is $60K as of August 2026, down 15.7% 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 $64K

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

-15.7% over 12 months

Typical home value in 48211 over the last 12 months: $71K in Aug 2025 to $60K in Aug 2026 (-15.7%).

Aug 2025$71K

Aug 2026$60K

The numbers

What is the 48211 housing market like?

Typical home value

$60K

Down15.7%YoY

Median list price

$180K

Down3.6%MoM

Days on market

62

Down17.3%MoM

Homes for sale

12

Flat0.0%MoM

Price cuts

20.0%

Up89.9%MoM

New listings

4

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 48211 home prices compare?

  • 48211$59,522
  • Detroit$87,394
  • Michigan$243,093
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Detroit: 25 ZIPs; Michigan: 891 ZIPs; United States: 26,265 ZIPs).

Context

There are 12 homes for sale in 48211, with 4 new listings added. Homes sit for a median of 62 days, which gives buyers room to negotiate. The median list price is $180,000, while the typical home value is $59,522, down 15.7% over the past year. One in five listings, 20.0%, has taken a price cut. For a seller, the figures point to a soft market where realistic pricing matters more than holding out for a higher number.

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