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Detroit, MI 48228 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: 9292PendingPending sales: 1010
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): $78k$78kSoldMedian sold price (last 6 months): $73k$73k
What homes actually sell for in Detroit, MI
Distribution of 303 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $50k to $100k
$24k to $40k: 41 sales$24k$40k to $57k: 32 sales$57k to $73k: 63 sales63sales$57k$73k to $89k: 40 sales$89k to $106k: 48 sales$89k$106k to $122k: 19 sales$122k to $139k: 15 sales$122k$139k to $155k: 14 salesMedian $73k

What the numbers say

As of October 26, 2026, Resideline is tracking 92 active listings and 10 pending sales in ZIP code 48228. 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 $77,500, while the median of the 303 closed sales Resideline tracked over the last six months was $73,129. 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 86 days.

Frequently asked questions

What is the median home price in 48228?

The median closed sale price in Detroit, MI 48228 was $73,129 over the last six months, based on 303 closed sales tracked by Resideline. The middle half of those sales ranged from $50,000 to $100,000.

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

Resideline is currently tracking 10 pending sales against 92 active listings in 48228, 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, 48228 is currently a typical-pace market.

Nearby ZIP code market data

Full Detroit, MI housing market report →

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