The Unshakable Investor

Unshakable ZIP Data 48202 | Detroit, MI Housing Market

Detroit · Wayne County · Detroit-Warren-Dearborn, MI metro · Michigan · Data updated June 19, 2026

The median sale price in ZIP 48202, Detroit, Michigan is $187,444 at $114 per square foot. 29 single-family homes sold in the latest period, down 35.9 percent from a year earlier. Homes sit a median of 61 days on market with 10.4 months of supply. Sellers are getting 94.0 percent of list price and 10.7 percent of homes sold above asking.

Buyer leverage market. Negotiate hard.

Value anchors

MetricValueYear over year
Average single-family value$166,623
Average price per sq ft$101
Median sale price$187,444
Median sale price per sq ft$114
Median home size1,642 sq ft
Median new listing price$324,228+24.8%
National size rank7,658

Sales activity

MetricValueYear over year
Homes sold29-35.9%
Median days on market61 days
Months of supply10.4 months
New listings79+18.2%
Active listings144+17.9%
Pending sales38-20.2%

Pricing power

MetricValueYear over year
Average sale-to-list ratio94.0%-0.9 pts
Share sold above list10.7%-0.4 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

1-bedroom
$178,843
2-bedroom
$235,223
3-bedroom
$170,580
4-bedroom
$214,370
5-bedroom
$286,507

These figures describe the single-family market for Detroit, Michigan ZIP 48202. They are market context, not a substitute for sold comps or a formal appraisal.