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Detroit, MI 48216 Real Estate & Property Data

Detroit, MI 48216 Real Estate Market Trends
Last Updated: September 20, 2025

A total of 32 residential properties have been sold over the past 12 months in 48216. With a median sales price of $169,250 in 48216. Discover market trends and get the granular level real estate data for Detroit, MI 48216 to keep your pulse on the housing market. Curate compelling home reports for Detroit, MI 48216 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Detroit, MI 48216 Real Estate Market Trends
Get property data for any address in Detroit, MI 48216 or the country:
Total Residential Properties 1,428
Total Commercial Properties 802
Avg. Home Age (Single Family Home) 80 Years
Avg. Square Feet (Single Family Home) 1,673
Total 2025 Residential Sales (year-to-date) 16
% of Homes Seriously Underwater (Q3 2025) 6.8%
Total 2024 Residential Sales 38
% of Equity Rich Homes (Q3 2025) 14.78%
Effective 2024 Property Tax 0.56%
Total Foreclosure Filings (year-to-date) N/A
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Detroit, MI 48216 Real Estate Overview

There were 32 residential properties sold in the past year in Detroit, MI 48216. The median home value in Detroit, MI 48216 is $213,165. There are a total of 1,428 residential properties in the 48216.

Median Sales Price i
$169,250
(Jul 2025)
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • July '25 Jul '25 $169,250
  • June '25 Jun '25 N/A
  • May '25 May '25 $179,500
  • April '25 Apr '25 N/A
  • March '25 Mar '25 N/A
  • February '25 Feb '25 N/A
  • January '25 Jan '25 $310,000
  • December '24 Dec '24 N/A
  • November '24 Nov '24 $134,000
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 $149,000
Median Down Payment i
$6,855
(Jul 2025)
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • July '25 Jul '25 $6,855
  • June '25 Jun '25 N/A
  • May '25 May '25 $25,000
  • April '25 Apr '25 N/A
  • March '25 Mar '25 N/A
  • February '25 Feb '25 N/A
  • January '25 Jan '25 $34,100
  • December '24 Dec '24 N/A
  • November '24 Nov '24 $33,500
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 $4,470
Number of Homes Sold i
4
(Jul 2025)
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • July '25 Jul '25 4
  • June '25 Jun '25 2
  • May '25 May '25 2
  • April '25 Apr '25 2
  • March '25 Mar '25 1
  • February '25 Feb '25 2
  • January '25 Jan '25 3
  • December '24 Dec '24 4
  • November '24 Nov '24 1
  • October '24 Oct '24 2
  • September '24 Sep '24 1
  • August '24 Aug '24 4
Number of Purchase Loans i
3
(Jul 2025)
+50%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • July '25 Jul '25 3
  • June '25 Jun '25 2
  • May '25 May '25 2
  • April '25 Apr '25 1
  • March '25 Mar '25 1
  • February '25 Feb '25 1
  • January '25 Jan '25 4
  • December '24 Dec '24 2
  • November '24 Nov '24 1
  • October '24 Oct '24 N/A
  • September '24 Sep '24 2
  • August '24 Aug '24 4
Number of REFI Loans i
1
(Jul 2025)
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1 year 3 years Subscribe 5 years Subscribe
  • July '25 Jul '25 1
  • June '25 Jun '25 3
  • May '25 May '25 4
  • April '25 Apr '25 1
  • March '25 Mar '25 2
  • February '25 Feb '25 2
  • January '25 Jan '25 6
  • December '24 Dec '24 2
  • November '24 Nov '24 2
  • October '24 Oct '24 1
  • September '24 Sep '24 3
  • August '24 Aug '24 N/A
Number of HELOC Loans i
1
(Jul 2025)
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • July '25 Jul '25 1
  • June '25 Jun '25 1
  • May '25 May '25 N/A
  • April '25 Apr '25 N/A
  • March '25 Mar '25 N/A
  • February '25 Feb '25 N/A
  • January '25 Jan '25 1
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 1
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A

Detroit, MI 48216 Real Estate Market Overview

Last 30 days
  • Street
  • Street
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Detroit, MI 48216 Foreclosure Activity

Total Foreclosure Filings i
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • 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 N/A
  • February '25 Feb '25 N/A
  • 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 1
  • August '24 Aug '24 N/A
Foreclosure Starts i
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • 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 N/A
  • February '25 Feb '25 N/A
  • 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 1
  • August '24 Aug '24 N/A
Completed Foreclosures (REOs) i
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • 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 N/A
  • February '25 Feb '25 N/A
  • January '25 Jan '25 N/A
  • December '24 Dec '24 1
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 1
  • August '24 Aug '24 N/A
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