OfferBackedBuyer Tools Run my numbers

Is Detroit, MI 48211 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Detroit is a buyer’s market. With about 12.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply12.8Under 4 months = seller’s market
Sold above original list25%Share of sales, last 3 months
Median sale-to-list81.4%Sold price ÷ list price
Median days on market43Listing to accepted offer
Median price per sq ft$45▲ +34.1% vs. last year

Run the numbers for 48211

Prefilled for 48211Can I win this house?Multiple-offer likelihood for a listing Prefilled for 48211Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

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 48211 →

No sponsored agents in 48211 yet. Are you an agent here? Put your name in front of local buyers.

More tools for 48211

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology