Updated May 2026 · Redfin · 3-month window
48224 Real Estate Market Update: Detroit, MI, May 2026
The latest housing-market numbers for ZIP code 48224 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 | $103K | ▲ +12.6% | ▲ +3.0% |
| Days on market | 57 | ▼ -9.5% | ▼ -3.4% |
| Homes for sale | 282 | ▼ -6.6% | ▲ +8.9% |
| Sale-to-list | 94.9% | ▼ -1.0% | ▲ +1.0% |
| Homes sold | 129 | ▼ -5.1% | ▼ -30.3% |
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 48224 numbers say
Prices in Detroit's 48224 ZIP are still climbing. The median sale price reached $103,001, up 3.0% year over year. The market has loosened: a typical listing now takes around 57 days to go under contract, with sellers getting 94.9% of list price.
Based on 129 recent sales, 48224 is currently an active market.
What this means if you sell in 48224
Use these figures to set expectations early. Lead a listing appointment with the median price and the 57-day pace, show the year-over-year direction, and frame 48224 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 48224 housing market
- What is the median home price in ZIP 48224 (Detroit, MI)?
- As of May 2026, the median sale price in ZIP 48224 is $103,001 (+3.0% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 48224 a buyer's or seller's market right now?
- ZIP 48224 is currently an active market, based on a 94.9% sale-to-list ratio, about 57 days on market for May 2026.
- How long do homes take to sell in ZIP 48224?
- A typical listing in 48224 goes under contract in about 57 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 48224 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.