Updated May 2026 · Redfin · 3-month window
48205 Real Estate Market Update: Detroit, MI, May 2026
The latest housing-market numbers for ZIP code 48205 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 | $60K | • 0.0% | ▼ -5.5% |
| Days on market | 59 | • 0.0% | ▲ +38.8% |
| Homes for sale | 206 | ▼ -3.3% | ▲ +10.2% |
| Sale-to-list | 91.5% | ▲ +0.1% | ▼ -3.8% |
| Homes sold | 88 | ▲ +4.8% | ▼ -4.3% |
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 48205 numbers say
The 48205 ZIP in Detroit is cooling. The median sale price sits at $60,000, 5.5% below last year. The market has loosened: a typical listing now takes around 59 days to go under contract, with sellers getting 91.5% of list price.
Based on 88 recent sales, 48205 is currently an active market.
What this means if you sell in 48205
Use these figures to set expectations early. Lead a listing appointment with the median price and the 59-day pace, show the year-over-year direction, and frame 48205 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 48205 housing market
- What is the median home price in ZIP 48205 (Detroit, MI)?
- As of May 2026, the median sale price in ZIP 48205 is $60,000 (-5.5% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 48205 a buyer's or seller's market right now?
- ZIP 48205 is currently an active market, based on a 91.5% sale-to-list ratio, about 59 days on market for May 2026.
- How long do homes take to sell in ZIP 48205?
- A typical listing in 48205 goes under contract in about 59 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 48205 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.