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Detroit, MI 48207 Real Estate & Property Data

Detroit, MI 48207 Real Estate Market Trends

Last Updated: September 20, 2025

A total of 46 residential properties have been sold over the past 12 months in 48207. Discover market trends and get the granular level real estate data for Detroit, MI 48207 to keep your pulse on the housing market. Curate compelling home reports for Detroit, MI 48207 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

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Total Residential Properties 2,636

Total Commercial Properties 2,478

Avg. Home Age (Single Family Home) 102 Years

Avg. Square Feet (Single Family Home) 1,741

Total 2025 Residential Sales (year-to-date) 29

% of Homes Seriously Underwater (Q3 2025) 6.48%

Total 2024 Residential Sales 46

% of Equity Rich Homes (Q3 2025) 9.62%

Effective 2024 Property Tax 0.85%

Total Foreclosure Filings (year-to-date) 10

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Detroit, MI 48207 Real Estate Overview

There were 46 residential properties sold in the past year in Detroit, MI 48207. The median home value in Detroit, MI 48207 is $116,688. There are a total of 2,636 residential properties in the 48207.

Median Sales Price i

List Graph

1 year 3 years

5 years

July '25 Jul '25 N/A
June '25 Jun '25 $235,000
May '25 May '25 N/A
April '25 Apr '25 N/A
March '25 Mar '25 $480,000
February '25 Feb '25 $396,000
January '25 Jan '25 $175,000
December '24 Dec '24 $155,000
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 N/A

Median Down Payment i

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1 year 3 years

5 years

July '25 Jul '25 N/A
June '25 Jun '25 N/A
May '25 May '25 N/A
April '25 Apr '25 N/A
March '25 Mar '25 $96,000
February '25 Feb '25 $59,400
January '25 Jan '25 $25,000
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 N/A

Number of Homes Sold i

(Jul 2025)

+200%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

July '25 Jul '25 3
June '25 Jun '25 5
May '25 May '25 1
April '25 Apr '25 3
March '25 Mar '25 5
February '25 Feb '25 5
January '25 Jan '25 7
December '24 Dec '24 2
November '24 Nov '24 2
October '24 Oct '24 6
September '24 Sep '24 5
August '24 Aug '24 1

Number of Purchase Loans i

(Jul 2025)

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1 year 3 years

5 years

July '25 Jul '25 3
June '25 Jun '25 4
May '25 May '25 3
April '25 Apr '25 1
March '25 Mar '25 1
February '25 Feb '25 3
January '25 Jan '25 7
December '24 Dec '24 2
November '24 Nov '24 1
October '24 Oct '24 5
September '24 Sep '24 3
August '24 Aug '24 2

Number of REFI Loans i

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1 year 3 years

5 years

July '25 Jul '25 N/A
June '25 Jun '25 1
May '25 May '25 1
April '25 Apr '25 4
March '25 Mar '25 1
February '25 Feb '25 N/A
January '25 Jan '25 2
December '24 Dec '24 2
November '24 Nov '24 3
October '24 Oct '24 N/A
September '24 Sep '24 2
August '24 Aug '24 N/A

Number of HELOC Loans i

(Jul 2025)

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1 year 3 years

5 years

July '25 Jul '25 1
June '25 Jun '25 N/A
May '25 May '25 N/A
April '25 Apr '25 N/A
March '25 Mar '25 N/A
February '25 Feb '25 1
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 1

Detroit, MI 48207 Real Estate Market Overview

Last 30 days

Street
Street
Street

Detroit, MI 48207 Foreclosure Activity

There were a total of 3 Detroit, MI 48207 properties with a foreclosure filing in July 2025. Lenders started the foreclosure process on 3 Detroit, MI 48207 properties and repossessed 1 Detroit, MI 48207 properties through completed foreclosures (REOs) in July 2025.

Total Foreclosure Filings i

(Jul 2025)

-25%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years