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Median sale price
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ZIP 48224 in Detroit, MI: housing market trends

The median home sale price in ZIP 48224 in Detroit, MI was $86,475 for the three-month period ending September 2026. Sale prices were 14.4% lower 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
$86,475
three-month period ending September 2026
Median sale price per sq ft
$64.32
three-month period ending September 2026
Active listings
529
three-month period ending September 2026
Typical monthly rent
$1,338
Rent index · August 2026

How is housing inventory changing?

There were 529 active listings for the three-month period ending September 2026. Active listings were 8.2% 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 58 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 48224 in Detroit, MI
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$86,475$64.32147
Single-familySeptember 2026$84,979$64.52144
TownhousesSeptember 2026UnavailableUnavailableUnavailable
Condos / co-opsSeptember 2026UnavailableUnavailableUnavailable
Multifamily (2–4 units)September 2026$115,000$50.593 · 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 48224 in Detroit, MI
MarketMedian sale priceReporting period / source
Harper Woods, MI$167,6703 months ending September 2026 · Redfin
Grosse Pointe, MI$600,2143 months ending September 2026 · Redfin
Grosse Pointe Park, MI$657,1873 months ending September 2026 · Redfin
Grosse Pointe Farms, MI$562,2323 months ending September 2026 · Redfin
Grosse Pointe Woods, MI$422,2493 months ending September 2026 · Redfin
Eastpointe, MI$135,500Month ending July 2026 · Zillow

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 48224 in Detroit, MI
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$86,475$64.32529
August 2026$85,000$68.09546
July 2026$95,500$72.73550
June 2026$107,000$75.14530
May 2026$104,001$72.39528
April 2026$91,500$71.38532
March 2026$85,000$68.25523
February 2026$85,000$75.92527
January 2026$85,000$77.25541
December 2025$85,000$73.98586
November 2025$85,000$69.24626
October 2025$89,000$70.71598
September 2025$101,000$72.76576
August 2025$100,000$72.23530
July 2025$100,000$73.81544
June 2025$97,500$76.17522
May 2025$100,000$77.66518
April 2025$95,200$75.29525
March 2025$90,000$72.38497
February 2025$87,750$68.52476
January 2025$85,000$65.63485
December 2024$90,000$68.11522
November 2024$89,750$67.78531
October 2024$90,000$64.41551

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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