Detroit, MI 48242 housing market

Data through Jan 2026 · Balanced market

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Months of Supply

3.1 months

May 2025

Days on Market

63 days

Nov 2024

Price Cut %

100%

Oct 2024

Sale-to-List Ratio

100.0%

May 2025

Expected Disaster Loss

$30

Dec 2025

What this means

Negotiating. Homes typically sell at or above asking (100.0% of list) (as of May 2025); 100% of listings had a price cut (U.S.: 26%) (as of Oct 2024).
Disaster risk. FEMA expects about $30 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from flooding.

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Other ZIP codes in Wayne County, MI

Area	Home value	1-year change	Buyer leverage
Taylor, MI 48180	$180K	+1.6%	10
Canton, MI 48187	$399.7K	+1.9%	13
Dearborn, MI 48126	$240K	+4.9%	25
Detroit, MI 48228	$69.9K	+0.9%	90
Westland, MI 48185	$226.5K	+1.6%	15
Detroit, MI 48219	$90.8K	−1.0%	87
Canton, MI 48188	$410.1K	+1.1%	15
Detroit, MI 48235	$96.2K	−1.6%	88
Belleville, MI 48111	$311K	+4.8%	29
Hamtramck, MI 48212	$129K	+1.0%	72
Woodhaven, MI 48183	$258K	+3.3%	17
Detroit, MI 48221	$136.4K	−4.3%	73
Detroit, MI 48227	$70.5K	−2.9%	88
Plymouth, MI 48170	$482.7K	+4.1%	13
Detroit, MI 48224	$81.9K	−6.4%	96
Dearborn Heights, MI 48127	$264.2K	+3.2%	20
Lincoln Park, MI 48146	$154.8K	+1.6%	16
Livonia, MI 48154	$342.3K	+2.7%	11
Redford, MI 48239	$180.4K	+1.9%	21
Westland, MI 48186	$201.7K	+2.3%	20
Dearborn, MI 48124	$239.3K	+3.4%	12
Detroit, MI 48205	$53.1K	−13.1%	97
Detroit, MI 48234	$54.1K	−8.7%	92
Romulus, MI 48174	$218.7K	+2.1%	26
Grosse Pointe Woods, MI 48236	$406.7K	+3.7%	18
Livonia, MI 48152	$328.8K	+2.3%	14
Southgate, MI 48195	$197.4K	+2.6%	7
Allen Park, MI 48101	$211.8K	+1.8%	13
Detroit, MI 48209	$89.3K	−3.6%	34
Garden City, MI 48135	$206K	+2.5%	18
Detroit, MI 48210	$70.6K	+0.3%	42
Livonia, MI 48150	$281.8K	+2.4%	20
Inkster, MI 48141	$108.1K	+3.6%	63
Northville, MI 48168	$657.3K	+4.3%	10
Detroit, MI 48238	$55.7K	−5.3%	99
Wyandotte, MI 48192	$190.5K	+1.3%	21
Flat Rock, MI 48134	$315.8K	+4.8%	9
Detroit, MI 48223	$86.2K	−0.8%	82
Dearborn Heights, MI 48125	$165.4K	+2.6%	22
Detroit, MI 48207	$147.4K	−8.5%	99
Detroit, MI 48204	$57.3K	−6.3%	99
Detroit, MI 48213	$46.6K	−13.2%	93
Detroit, MI 48203	$60.2K	−7.5%	99
Detroit, MI 48214	$96.4K	−15.1%	97
Wayne, MI 48184	$174.7K	+0.6%	21
Grosse Pointe Park, MI 48230	$504.8K	+3.4%	17
Redford, MI 48240	$158.2K	+0.7%	35
Riverview, MI 48193	$250K	+3.7%	12
Harper Woods, MI 48225	$151.5K	+0.1%	76
Detroit, MI 48202	$180.8K	−12.3%	88
Detroit, MI 48206	$87.4K	−13.4%	94
Detroit, MI 48201	$414.7K	−5.3%	96
Brownstown, MI 48173	$270.8K	+3.0%	15
Dearborn, MI 48128	$310.2K	+3.4%	14
Melvindale, MI 48122	$143.2K	+2.0%	21
Grosse Ile, MI 48138	$398.9K	+4.6%	17
Detroit, MI 48215	$95K	−9.5%	95
Huron, MI 48164	$346.4K	+5.2%	15
Ecorse, MI 48229	$81.6K	−0.2%	23
Dearborn, MI 48120	$253.2K	+3.3%	28
Detroit, MI 48208	$132.7K	−10.5%	100
River Rouge, MI 48218	$84.6K	−2.3%	78
Detroit, MI 48226	$315.2K	−4.8%	85
Detroit, MI 48217	$59K	−0.6%	73
Detroit, MI 48216	$184.4K	−11.5%	94
Detroit, MI 48211	$59.5K	−15.7%	95
ZIP 48233	–	–	–
ZIP 48243	–	–	–