Is Detroit, MI 48206 a buyer’s or seller’s market?
Detroit is a buyer’s market. With about 9.7 months of supply, buyers usually have more time and more room to negotiate on price and terms.
Competition score11/ 100
More competitive than 5% of U.S. ZIP codes, and #505 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 supply9.7Under 4 months = seller’s market
Sold above original list12.2%Share of sales, last 3 months
Median sale-to-list93.9%Sold price ÷ list price
Median days on market91Listing to accepted offer
Median price per sq ft$53▼ −40.6% vs. last year
Run the numbers for 48206
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
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology