Updated May 2026 · Redfin · 3-month window
48234 Real Estate Market Update: Detroit, MI, May 2026
The latest housing-market numbers for ZIP code 48234 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 | $51K | ▼ -9.8% | ▼ -32.3% |
| Days on market | 47 | ▲ +16.3% | ▲ +1.1% |
| Homes for sale | 129 | ▲ +1.6% | ▼ -2.3% |
| Sale-to-list | 91.5% | ▼ -3.0% | ▼ -2.9% |
| Homes sold | 54 | ▼ -10.0% | ▼ -25.0% |
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 48234 numbers say
The 48234 ZIP in Detroit is cooling. The median sale price sits at $50,750, 32.3% below last year. Pace is steady: a typical listing goes under contract in about 47 days, with sellers getting 91.5% of list price.
Based on 54 recent sales, 48234 is currently an active market.
What this means if you sell in 48234
Use these figures to set expectations early. Lead a listing appointment with the median price and the 47-day pace, show the year-over-year direction, and frame 48234 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.
Turn these 48234 numbers into a finished post.
Open LOKAL with Detroit ready to go. You'll get a carousel, story and square graphic with real figures in place, ready to export in seconds.
Build the Detroit post →Frequently asked: the 48234 housing market
- What is the median home price in ZIP 48234 (Detroit, MI)?
- As of May 2026, the median sale price in ZIP 48234 is $50,750 (-32.3% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 48234 a buyer's or seller's market right now?
- ZIP 48234 is currently an active market, based on a 91.5% sale-to-list ratio, about 47 days on market for May 2026.
- How long do homes take to sell in ZIP 48234?
- A typical listing in 48234 goes under contract in about 47 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 48234 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.
More Michigan markets
Nearby Michigan ZIP codes
Embed this update on your site
Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.