Market Intelligence · MI / Detroit

Detroit, MI 48213 Housing Market

Typical home value in Detroit 48213 is $43,447, down 12.4% over the past year. The median list price stands at $69,925, with homes taking a median of 70 days to sell.

Updated September 2026Median value$43K

The median home value in Detroit, MI 48213 is $43K as of September 2026, down 12.4% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

Sell without the wait

Sell your Detroit home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 48213 range

$40K to $47K

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.

Not sure cash is the right move? Discuss your options with a licensed local pro, free.

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 48213 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Detroit, MI.

12-month value trend

-12.4% over 12 months

Sep 2025$50K

Low $43KHigh $50K

Sep 2026$43K

The numbers

What is the 48213 housing market like?

As of September 2026

Typical home value

$43K

12.4%YoY

Median list price

$70K

7.6%MoM

Days on market

14.8%MoM

Homes for sale

8.2%MoM

Price cuts

13.6%

27.4%MoM

New listings

25.0%MoM

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

The outlook

48213 housing market forecast 2027

-0.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 48213 to stay roughly flat by September 2027 (down 0.4%).

Over the 12 months through September 2026, typical home values in 48213 fell 12.4%, per the Zillow Home Value Index.

Will home prices drop in 48213?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 48213 to stay roughly flat by September 2027 (down 0.4%), after a 12.4% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

Free home value report

See what your 48213 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 48213 home prices compare?

48213$43,447
Detroit$86,511
Michigan$241,156
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Detroit: 25 ZIPs; Michigan: 891 ZIPs; United States: 26,262 ZIPs).

Context

The ZIP had 89 homes for sale as of September 2026, with 18 new listings entering the market. About 13.6% of listings have seen a price cut, reflecting the challenging conditions. The gap between typical home value and median list price suggests listing prices remain elevated relative to where homes are actually selling. For a seller, this is a buyer's market that will likely require competitive pricing and patience.

Monthly payment

Estimate your monthly payment.

Home price

Down payment20% · $8,689

Term

Rate (%)

Common questions

What people ask us.

What is the typical home value in Detroit 48213?

The typical home value is $43,447, down 12.4% over the past year.

How long do homes typically stay on the market?

Homes take a median of 70 days to sell in this ZIP.

What share of homes have had their price cut?

About 13.6% of listings have seen a price reduction.

Discover

Nearby ZIP markets.

Keep reading