The Unshakable Investor

Unshakable ZIP Data 48221 | Detroit, MI Housing Market

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

The median sale price in ZIP 48221, Detroit, Michigan is $176,897 at $95 per square foot. 105 single-family homes sold in the latest period, down 29.0 percent from a year earlier. Homes sit a median of 60 days on market with 5.6 months of supply. Sellers are getting 97.5 percent of list price and 25.5 percent of homes sold above asking.

Balanced market.

Value anchors

MetricValueYear over year
Average single-family value$134,420
Average price per sq ft$72
Median sale price$176,897
Median sale price per sq ft$95
Median home size1,860 sq ft
Median new listing price$196,074+15.3%
National size rank1,923

Sales activity

MetricValueYear over year
Homes sold105-29.0%
Median days on market60 days
Months of supply5.6 months
New listings212-5.7%
Active listings364-9.1%
Pending sales156-6.5%

Pricing power

MetricValueYear over year
Average sale-to-list ratio97.5%+0.1 pts
Share sold above list25.5%-1.5 pts

Bedroom value anchors

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

2-bedroom
$80,765
3-bedroom
$135,276
4-bedroom
$252,460
5-bedroom
$347,265

These figures describe the single-family market for Detroit, Michigan ZIP 48221. They are market context, not a substitute for sold comps or a formal appraisal.