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All market snapshots / 48235

Detroit, MI 48235 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: 0.14
ActiveActive listings: 6565PendingPending 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): $90k$90kSoldMedian sold price (last 6 months): $104k$104k
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: $65k to $154k
$27k to $50k: 31 sales$27k$50k to $74k: 39 sales39sales$74k to $98k: 38 sales$74k$98k to $121k: 33 sales$121k to $144k: 24 sales$121k$144k to $168k: 30 sales$168k to $192k: 24 sales$168k$192k to $215k: 12 salesMedian $104k

What the numbers say

As of September 14, 2026, Resideline is tracking 65 active listings and 9 pending sales in ZIP code 48235. That pending-to-active ratio of 0.14 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $89,900, while the median of the 256 closed sales Resideline tracked over the last six months was $104,500. 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 48235 for 58 days.

Frequently asked questions

What is the median home price in 48235?

The median closed sale price in Detroit, MI 48235 was $104,500 over the last six months, based on 256 closed sales tracked by Resideline. The middle half of those sales ranged from $65,000 to $154,400.

Is 48235 a buyer's or seller's market?

Resideline is currently tracking 9 pending sales against 65 active listings in 48235, a pending-to-active ratio of 0.14. 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, 48235 currently looks like a balanced market.

Nearby ZIP code market data

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