Market Intelligence · MI / Detroit

Detroit, MI 48214 Housing Market

The typical home value in Detroit 48214 is $91,894, down 14.8% over the past year. The median list price sits at $235,000, with homes taking a median of 72 days to sell as of September 2026.

Updated September 2026Median value$92K

The median home value in Detroit, MI 48214 is $92K as of September 2026, down 14.8% 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.

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Typical 48214 range

$85K to $99K

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

-14.8% over 12 months

Sep 2025$108K

Low $91KHigh $108K

Sep 2026$92K

The numbers

What is the 48214 housing market like?

As of September 2026

Typical home value

$92K

14.8%YoY

Median list price

$235K

2.1%MoM

Days on market

1.4%MoM

Homes for sale

120

2.4%MoM

Price cuts

18.0%

12.9%MoM

New listings

25.0%MoM

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

The outlook

48214 housing market forecast 2027

+0.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 48214 to stay roughly flat by September 2027 (up 0.2%).

Over the 12 months through September 2026, typical home values in 48214 fell 14.8%, per the Zillow Home Value Index.

Will home prices drop in 48214?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 48214 to stay roughly flat by September 2027 (up 0.2%), after a 14.8% 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.

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The comparison

How do 48214 home prices compare?

48214$91,894
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

There are 120 homes for sale in the ZIP as of September 2026, with 24 new listings arriving in that same month. The median days on market of 72 indicates a slower-moving inventory. Price cuts are affecting 18.0% of listings, a sign that sellers are adjusting expectations in a declining market. For homeowners considering a sale, the combination of falling values and extended selling timelines suggests patience and realistic pricing will be necessary.

Monthly payment

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Down payment20% · $18,379

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Common questions

What people ask us.

What is the typical home value in Detroit 48214?

The typical home value is $91,894 as of September 2026, down 14.8% over the past year.

How long does it take to sell a home in this ZIP?

The median days on market is 72 as of September 2026.

What is the median list price in Detroit 48214?

The median list price is $235,000 as of September 2026.

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