The Unshakable Investor

Unshakable ZIP Data 48206 | Detroit, MI Housing Market

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

The median sale price in ZIP 48206, Detroit, Michigan is $130,961 at $57 per square foot. 60 single-family homes sold in the latest period, up 3.0 percent from a year earlier. Homes sit a median of 87 days on market with 7.1 months of supply. Sellers are getting 93.2 percent of list price and 13.8 percent of homes sold above asking.

Buyer leverage market. Negotiate hard.

Value anchors

MetricValueYear over year
Average single-family value$87,435
Average price per sq ft$38
Median sale price$130,961
Median sale price per sq ft$57
Median home size2,282 sq ft
Median new listing price$158,644-20.7%
National size rank7,729

Sales activity

MetricValueYear over year
Homes sold60+3.0%
Median days on market87 days
Months of supply7.1 months
New listings119+4.2%
Active listings232+18.9%
Pending sales69-10.5%

Pricing power

MetricValueYear over year
Average sale-to-list ratio93.2%+1.5 pts
Share sold above list13.8%-1.7 pts

Bedroom value anchors

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

3-bedroom
$70,035
4-bedroom
$145,362
5-bedroom
$210,809

These figures describe the single-family market for Detroit, Michigan ZIP 48206. They are market context, not a substitute for sold comps or a formal appraisal.