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All market snapshots / 48221

Detroit, MI 48221 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Detroit, MI inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.09
ActiveActive listings: 8888PendingPending sales: 88
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): $160k$160kSoldMedian sold price (last 6 months): $170k$170k
What homes actually sell for in Detroit, MI
Distribution of 270 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $100k to $240k
$38k to $94k: 50 sales$38k$94k to $150k: 54 sales$150k to $206k: 55 sales55sales$150k$206k to $262k: 40 sales$262k to $317k: 19 sales$262k$317k to $373k: 14 sales$373k to $429k: 4 sales$373k$429k to $485k: 6 salesMedian $170k

What the numbers say

As of October 5, 2026, Resideline is tracking 88 active listings and 8 pending sales in ZIP code 48221. That pending-to-active ratio of 0.09 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $160,437, while the median of the 270 closed sales Resideline tracked over the last six months was $170,500. 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 77 days.

Frequently asked questions

What is the median home price in 48221?

The median closed sale price in Detroit, MI 48221 was $170,500 over the last six months, based on 270 closed sales tracked by Resideline. The middle half of those sales ranged from $100,000 to $240,000.

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

Resideline is currently tracking 8 pending sales against 88 active listings in 48221, a pending-to-active ratio of 0.09. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 48221 currently looks like a balanced market.

Nearby ZIP code market data

Full Detroit, MI housing market report →

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