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Median sale price
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ZIP 48203 in Detroit, MI: housing market trends

The median home sale price in ZIP 48203 in Detroit, MI was $114,916 for the three-month period ending September 2026. Sale prices were 17.9% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$114,916
three-month period ending September 2026
Median sale price per sq ft
$70.99
three-month period ending September 2026
Active listings
196
three-month period ending September 2026
Typical monthly rent
$1,313
Rent index · August 2026

How is housing inventory changing?

There were 196 active listings for the three-month period ending September 2026. Active listings were 3.0% lower than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 85 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 48203 in Detroit, MI
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$114,916$70.9935
Single-familySeptember 2026$114,921$70.9933
Condos / co-opsSeptember 2026UnavailableUnavailableUnavailable
Multifamily (2–4 units)September 2026$120,000$51.152 · small sample

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 48203 in Detroit, MI
MarketMedian sale priceReporting period / source
Highland Park, MI$149,1293 months ending September 2026 · Redfin
Detroit, MI$105,000Month ending July 2026 · Zillow
Hazel Park, MI$169,9193 months ending September 2026 · Redfin
Ferndale, MI$271,8713 months ending September 2026 · Redfin
Hamtramck, MI$232,3893 months ending September 2026 · Redfin
Pleasant Ridge, MI$549,7383 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 48203 in Detroit, MI
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$114,916$70.99196
August 2026$92,005$67.20194
July 2026$89,009$67.90195
June 2026$73,600$59.04191
May 2026$100,000$69.44192
April 2026$80,000$59.04183
March 2026$75,450$59.30192
February 2026$59,655$43.43198
January 2026$85,000$62.73203
December 2025$85,000$61.54212
November 2025$108,000$61.09200
October 2025$65,500$51.65206
September 2025$97,500$64.94202
August 2025$82,450$63.86194
July 2025$95,000$75.40195
June 2025$65,000$53.21184
May 2025$99,500$68.52170
April 2025$60,915$47.58149
March 2025$53,750$44.49146
February 2025$56,500$42.83151
January 2025$68,000$52.08140
December 2024$61,375$59.03141
November 2024$55,000$54.48149
October 2024$45,000$37.34152

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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