Updated May 2026 · Redfin · 3-month window
48202 Real Estate Market Update: Detroit, MI, May 2026
The latest housing-market numbers for ZIP code 48202 in Detroit, Michigan, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $188K | ▲ +17.2% | ▲ +7.1% |
| Days on market | 61 | ▼ -37.1% | ▼ -16.4% |
| Homes for sale | 91 | ▼ -4.2% | ▲ +26.4% |
| Sale-to-list | 94.0% | ▲ +3.0% | ▼ -0.9% |
| Homes sold | 28 | ▲ +12.0% | ▼ -37.8% |
Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.
What the 48202 numbers say
Prices in Detroit's 48202 ZIP are still climbing. The median sale price reached $187,500, up 7.1% year over year. The market has loosened: a typical listing now takes around 61 days to go under contract, with sellers getting 94.0% of list price.
Based on 28 recent sales, 48202 is currently an active market.
What this means if you sell in 48202
Use these figures to set expectations early. Lead a listing appointment with the median price and the 61-day pace, show the year-over-year direction, and frame 48202 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.
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Build the Detroit post →Frequently asked: the 48202 housing market
- What is the median home price in ZIP 48202 (Detroit, MI)?
- As of May 2026, the median sale price in ZIP 48202 is $187,500 (+7.1% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 48202 a buyer's or seller's market right now?
- ZIP 48202 is currently an active market, based on a 94.0% sale-to-list ratio, about 61 days on market for May 2026.
- How long do homes take to sell in ZIP 48202?
- A typical listing in 48202 goes under contract in about 61 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 48202 market data come from?
- All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.
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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.