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Detroit, MI 48221 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Detroit, MI inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.11
ActiveActive listings: 8181PendingPending sales: 99
Detroit, MI: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $170k$170kSoldMedian sold price (last 6 months): $168k$168k
What homes actually sell for in Detroit, MI
Distribution of 256 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $100k to $254k
$35k to $91k: 47 sales$35k$91k to $148k: 51 sales$148k to $204k: 52 sales52sales$148k$204k to $260k: 36 sales$260k to $316k: 22 sales$260k$316k to $372k: 15 sales$372k to $429k: 4 sales$372k$429k to $485k: 4 salesMedian $168k

What the numbers say

As of October 26, 2026, Resideline is tracking 81 active listings and 9 pending sales in ZIP code 48221. That pending-to-active ratio of 0.11 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $170,000, while the median of the 256 closed sales Resideline tracked over the last six months was $168,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 48221 for 90 days.

Frequently asked questions

What is the median home price in 48221?

The median closed sale price in Detroit, MI 48221 was $168,000 over the last six months, based on 256 closed sales tracked by Resideline. The middle half of those sales ranged from $100,000 to $254,000.

Is 48221 a buyer's or seller's market?

Resideline is currently tracking 9 pending sales against 81 active listings in 48221, a pending-to-active ratio of 0.11. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 48221 is currently a typical-pace market.

Nearby ZIP code market data

Full Detroit, MI housing market report →

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