The Unshakable Investor

Unshakable ZIP Data 48205 | Detroit, MI Housing Market

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

The median sale price in ZIP 48205, Detroit, Michigan is $59,982 at $53 per square foot. 91 single-family homes sold in the latest period, down 1.5 percent from a year earlier. Homes sit a median of 59 days on market with 7.5 months of supply. Sellers are getting 91.5 percent of list price and 12.5 percent of homes sold above asking.

Buyer leverage market. Negotiate hard.

Value anchors

MetricValueYear over year
Average single-family value$52,730
Average price per sq ft$46
Median sale price$59,982
Median sale price per sq ft$53
Median home size1,138 sq ft
Median new listing price$69,109-9.7%
National size rank3,194

Sales activity

MetricValueYear over year
Homes sold91-1.5%
Median days on market59 days
Months of supply7.5 months
New listings193+5.4%
Active listings386+12.8%
Pending sales143+7.5%

Pricing power

MetricValueYear over year
Average sale-to-list ratio91.5%-3.8 pts
Share sold above list12.5%-3.8 pts

Bedroom value anchors

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

2-bedroom
$43,034
3-bedroom
$55,963
4-bedroom
$61,098

These figures describe the single-family market for Detroit, Michigan ZIP 48205. They are market context, not a substitute for sold comps or a formal appraisal.