The Unshakable Investor

Unshakable ZIP Data 48235 | Detroit, MI Housing Market

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

The median sale price in ZIP 48235, Detroit, Michigan is $124,913 at $93 per square foot. 113 single-family homes sold in the latest period, down 26.0 percent from a year earlier. Homes sit a median of 53 days on market with 4.5 months of supply. Sellers are getting 97.7 percent of list price and 21.8 percent of homes sold above asking.

Balanced market.

Value anchors

MetricValueYear over year
Average single-family value$93,492
Average price per sq ft$70
Median sale price$124,913
Median sale price per sq ft$93
Median home size1,339 sq ft
Median new listing price$128,849+11.1%
National size rank1,264

Sales activity

MetricValueYear over year
Homes sold113-26.0%
Median days on market53 days
Months of supply4.5 months
New listings187-16.6%
Active listings359-3.1%
Pending sales172-8.8%

Pricing power

MetricValueYear over year
Average sale-to-list ratio97.7%+1.0 pts
Share sold above list21.8%-3.7 pts

Bedroom value anchors

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

2-bedroom
$67,185
3-bedroom
$105,325
4-bedroom
$137,024

These figures describe the single-family market for Detroit, Michigan ZIP 48235. They are market context, not a substitute for sold comps or a formal appraisal.