Market Intelligence · MI / Detroit

Detroit, MI 48221 Housing Market

The typical home value in Detroit 48221 is $134,161, down 3.5% over the past year. Homes are listing at a median price of $172,450 and taking a median of 54 days to sell as of September 2026.

Updated September 2026Median value$134K

The median home value in Detroit, MI 48221 is $134K as of September 2026, down 3.5% 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 48221 range

$123K to $145K

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

-3.5% over 12 months

Sep 2025$139K

Low $132KHigh $139K

Sep 2026$134K

The numbers

What is the 48221 housing market like?

As of September 2026

Typical home value

$134K

3.5%YoY

Median list price

$172K

1.4%MoM

Days on market

8.0%MoM

Homes for sale

186

1.6%MoM

Price cuts

20.9%

15.5%MoM

New listings

32.4%MoM

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

The outlook

48221 housing market forecast 2027

+1.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 48221 to rise 1.2% by September 2027.

Over the 12 months through September 2026, typical home values in 48221 fell 3.5%, per the Zillow Home Value Index.

Will home prices drop in 48221?

Zillow's forecast does not call for a drop: it expects typical home values in 48221 to rise 1.2% by September 2027, after a 3.5% 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 48221 home prices compare?

48221$134,161
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 gap between typical home value and median list price suggests homes are entering the market at higher asking prices than recent sales indicate. With 186 homes for sale and 46 new listings in September 2026, there is moderate inventory. The fact that 20.9% of listings have seen a price cut reflects buyer hesitation in a softening market. For someone considering selling, the year-over-year decline in values combined with longer time on market means pricing competitively and being realistic about current conditions matter more than ever.

Monthly payment

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Home price

Down payment20% · $26,832

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Rate (%)

Common questions

What people ask us.

What is a typical home worth in Detroit 48221?

The typical home value is $134,161 as of September 2026, representing a 3.5% decline over the past year.

How long do homes take to sell in this area?

The median days on market is 54 as of September 2026.

How many homes are currently for sale?

There are 186 homes for sale as of September 2026, with 46 new listings that month.

Discover

Nearby ZIP markets.

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