Is Detroit, MI 48202 a buyer’s or seller’s market?
Detroit is a buyer’s market. With about 8.3 months of supply, buyers usually have more time and more room to negotiate on price and terms.
Competition score24/ 100
More competitive than 19% of U.S. ZIP codes, and #474 of 510 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
Months of supply8.3Under 4 months = seller’s market
Sold above original list19.4%Share of sales, last 3 months
Median sale-to-list97.2%Sold price ÷ list price
Median days on market74Listing to accepted offer
Median price per sq ft$123▼ −3.5% vs. last year
Run the numbers for 48202
Nearby markets
Allen Park 48101Seller’s market $145 /sq ftBelleville 48111Seller’s market $184 /sq ftCanton 48187Seller’s market $196 /sq ftCanton 48188Seller’s market $192 /sq ft Browse all markets →Local agents
See all agents in 48202 →No sponsored agents in 48202 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 48202
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology