Market Intelligence · MI / Detroit

Detroit, MI 48226 Housing Market

The typical home value in Detroit's 48226 ZIP code is $315,173, down 4.8% over the past year. As of 2026-08-01, the median list price is $345,000 and homes spend a median of 88 days on the market.

Updated August 2026Median value$315K

The median home value in Detroit, MI 48226 is $315K as of August 2026, down 4.8% 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 48226 range

$290K to $340K

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

-4.8% over 12 months

Typical home value in 48226 over the last 12 months: $331K in Aug 2025 to $315K in Aug 2026 (-4.8%).

Aug 2025$331K

Aug 2026$315K

The numbers

What is the 48226 housing market like?

Typical home value

$315K

Down4.8%YoY

Median list price

$345K

Down2.6%MoM

Days on market

88

Down17.8%MoM

Homes for sale

34

Up9.7%MoM

Price cuts

6.7%

Down32.0%MoM

New listings

8

Up33.3%MoM

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

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The comparison

How do 48226 home prices compare?

  • 48226$315,173
  • Detroit$87,394
  • Michigan$243,093
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Detroit: 25 ZIPs; Michigan: 891 ZIPs; United States: 26,265 ZIPs).

Context

Sellers in 48226 are asking a median of $345,000, while the typical home value sits at $315,173, down 4.8% over the past year. There are 34 homes for sale and just 8 new listings, so supply is thin. Homes take a median of 88 days to sell, which points to slow buyer demand. Only 6.7% of listings have had a price cut, suggesting most sellers are holding firm on price for now. For a seller, the honest read is that pricing realistically matters more than usual, because buyers are taking their time and values are drifting down.

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