Market Intelligence · MI / Detroit

Detroit, MI 48228 Housing Market

The typical home value in Detroit's 48228 ZIP code is $69,915, up 0.9% over the past year as of 2026-08-01. The median list price is $84,000, and homes spend a median of 50 days on the market.

Updated August 2026Median value$70K

The median home value in Detroit, MI 48228 is $70K as of August 2026, up 0.9% 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.

Get a cash offer

Sell without the wait

Sell your Detroit home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 48228 range

$64K to $76K

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.

Track my home's value

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 48228 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Detroit, MI.

12-month value trend

+0.9% over 12 months

Typical home value in 48228 over the last 12 months: $69K in Aug 2025 to $70K in Aug 2026 (+0.9%).

Aug 2025$69K

Aug 2026$70K

The numbers

What is the 48228 housing market like?

Typical home value

$70K

Up0.9%YoY

Median list price

$84K

Down2.3%MoM

Days on market

50

Up4.2%MoM

Homes for sale

208

Up12.4%MoM

Price cuts

18.5%

Up29.4%MoM

New listings

64

Down17.9%MoM

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

Free home value report

See what your 48228 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 48228 home prices compare?

  • 48228$69,915
  • 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

As of 2026-08-01, there were 208 homes for sale in 48228, with 64 new listings added. The median list price of $84,000 sits above the typical home value of $69,915, which rose 0.9% over the past year. Homes are taking a median of 50 days to sell, and 18.5% of listings have had a price cut. The gap between asking prices and actual values, combined with a steady share of reductions, points to a market where buyers have room to negotiate. For a seller, pricing realistically from the start matters more than aiming high and cutting later.

Monthly payment

Estimate your monthly payment.

20% · $13,983

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.