Market Intelligence · MI / Detroit

Detroit, MI 48213 Housing Market

The typical home value in Detroit, MI 48213 is $46,649, down 13.2% over the past year. Sellers are listing at a median of $65,000, and homes spend a median of 61 days on the market before selling.

Updated August 2026Median value$47K

The median home value in Detroit, MI 48213 is $47K as of August 2026, down 13.2% 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 48213 range

$43K to $50K

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

-13.2% over 12 months

Typical home value in 48213 over the last 12 months: $54K in Aug 2025 to $47K in Aug 2026 (-13.2%).

Aug 2025$54K

Aug 2026$47K

The numbers

What is the 48213 housing market like?

Typical home value

$47K

Down13.2%YoY

Median list price

$65K

Flat0.0%MoM

Days on market

61

Up24.5%MoM

Homes for sale

97

Down3.0%MoM

Price cuts

18.8%

Up3.5%MoM

New listings

24

Down7.7%MoM

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

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The comparison

How do 48213 home prices compare?

  • 48213$46,649
  • 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 were 97 homes for sale in 48213 as of 2026-08-01, with 24 new listings coming on the market. The median list price sits at $65,000, but the typical home value of $46,649 is down 13.2% over the past year, a sign that buyers are paying well below asking. Homes take a median of 61 days to sell, and 18.8% of listings have already taken a price cut. For a seller, this is a soft market where realistic pricing from the start matters more than aiming high and chasing the market down.

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