Updated May 2026 · Redfin · 3-month window
48206 Real Estate Market Update: Detroit, MI, May 2026
The latest housing-market numbers for ZIP code 48206 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 | $130K | ▲ +2.0% | ▼ -23.1% |
| Days on market | 91 | ▼ -12.5% | • 0.0% |
| Homes for sale | 129 | ▼ -3.0% | ▲ +17.3% |
| Sale-to-list | 93.1% | ▲ +1.7% | ▲ +1.5% |
| Homes sold | 57 | ▲ +9.6% | ▼ -3.4% |
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 48206 numbers say
The 48206 ZIP in Detroit is cooling. The median sale price sits at $130,000, 23.1% below last year. The market has loosened: a typical listing now takes around 91 days to go under contract, with sellers getting 93.1% of list price.
Based on 57 recent sales, 48206 is currently an active market.
What this means if you sell in 48206
Use these figures to set expectations early. Lead a listing appointment with the median price and the 91-day pace, show the year-over-year direction, and frame 48206 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 48206 housing market
- What is the median home price in ZIP 48206 (Detroit, MI)?
- As of May 2026, the median sale price in ZIP 48206 is $130,000 (-23.1% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 48206 a buyer's or seller's market right now?
- ZIP 48206 is currently an active market, based on a 93.1% sale-to-list ratio, about 91 days on market for May 2026.
- How long do homes take to sell in ZIP 48206?
- A typical listing in 48206 goes under contract in about 91 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 48206 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.