Home ValuePros

Market Intelligence · MI / Detroit

Detroit, MI 48215 Housing Market

The typical home in Detroit's 48215 ZIP code is worth about $96,807, down 8.4% over the past year. The median list price sits at $165,975, and homes are taking a median of 57 days on market to sell.

Updated June 2026Median value$97K

The median home value in Detroit, MI 48215 is $97K as of June 2026, down 8.4% 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 48215 range

$89K to $105K

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

-8.4% over 12 months

Typical home value in 48215 over the last 12 months: $106K in Jun 2025 to $97K in Jun 2026 (-8.4%).

Jun 2025$106K

Jun 2026$97K

The numbers

What is the 48215 housing market like?

Typical home value

$97K

Down8.4%YoY

Median list price

$166K

Days on market

57

Up7.5%MoM

Homes for sale

48

Price cuts

21.6%

New listings

16

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

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The comparison

How do 48215 home prices compare?

  • 48215$96,807
  • 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 1, 2026, there were 48 homes for sale in 48215, with 16 new listings added recently. The median list price was $165,975, while the typical home value came in lower at $96,807. Homes were spending a median of 57 days on market, and 21.6% of listings had a price cut. The value trend is down 8.4% over the past year. Sellers here should price carefully and expect the process to take time.

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