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Detroit, MI 48228 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Detroit, MI inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.12
ActiveActive listings: 103103PendingPending sales: 1212
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): $72k$72kSoldMedian sold price (last 6 months): $73k$73k
What homes actually sell for in Detroit, MI
Distribution of 315 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $48k to $100k
$23k to $39k: 39 sales$23k$39k to $55k: 43 sales$55k to $71k: 55 sales55sales$55k$71k to $86k: 44 sales$86k to $102k: 54 sales$86k$102k to $118k: 22 sales$118k to $134k: 14 sales$118k$134k to $150k: 13 salesMedian $73k

What the numbers say

As of September 14, 2026, Resideline is tracking 103 active listings and 12 pending sales in ZIP code 48228. That pending-to-active ratio of 0.12 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $72,500, while the median of the 315 closed sales Resideline tracked over the last six months was $73,000. 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 48228 for 61 days.

Frequently asked questions

What is the median home price in 48228?

The median closed sale price in Detroit, MI 48228 was $73,000 over the last six months, based on 315 closed sales tracked by Resideline. The middle half of those sales ranged from $48,500 to $100,000.

Is 48228 a buyer's or seller's market?

Resideline is currently tracking 12 pending sales against 103 active listings in 48228, a pending-to-active ratio of 0.12. 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, 48228 currently looks like a balanced market.

Nearby ZIP code market data

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