Market Intelligence · MI / Detroit

Detroit, MI 48214 Housing Market

The typical home value in Detroit's 48214 ZIP code is $100,790, down 17.1% over the past year. The median list price is $206,625, and homes are taking a median of 51 days on market.

Updated June 2026Median value$101K

The median home value in Detroit, MI 48214 is $101K as of June 2026, down 17.1% 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 48214 range

$93K to $109K

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

-17.1% over 12 months

Typical home value in 48214 over the last 12 months: $122K in Jun 2025 to $101K in Jun 2026 (-17.1%).

Jun 2025$122K

Jun 2026$101K

The numbers

What is the 48214 housing market like?

Typical home value

$101K

Down17.1%YoY

Median list price

$207K

Days on market

51

Down35.8%MoM

Homes for sale

119

Price cuts

14.3%

New listings

36

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

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The comparison

How do 48214 home prices compare?

  • 48214$100,790
  • 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

As of June 2026, there are 119 homes for sale in 48214, with 36 new listings added recently. The median list price sits at $206,625, while the typical home value is $100,790, a figure that has fallen 17.1% over the past year. Homes take a median of 51 days on market, and 14.3% of listings have had a price cut. For a seller here, the data points to a softening market, so realistic pricing and patience matter.

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