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Detroit, MI 48217 Real Estate & Property Data

Detroit, MI 48217 Real Estate Market Trends

Last Updated: September 20, 2025

A total of 94 residential properties have been sold over the past 12 months in 48217. Discover market trends and get the granular level real estate data for Detroit, MI 48217 to keep your pulse on the housing market. Curate compelling home reports for Detroit, MI 48217 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Detroit, MI 48217 Real Estate Market Trends

Get property data for any address in Detroit, MI 48217 or the country:

Total Residential Properties 2,873

Total Commercial Properties 509

Avg. Home Age (Single Family Home) 81 Years

Avg. Square Feet (Single Family Home) 1,030

Total 2025 Residential Sales (year-to-date) 44

% of Homes Seriously Underwater (Q3 2025) 0.71%

Total 2024 Residential Sales 97

% of Equity Rich Homes (Q3 2025) 9.47%

Effective 2024 Property Tax 1.07%

Total Foreclosure Filings (year-to-date) 13

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Detroit, MI 48217 Real Estate Overview

There were 94 residential properties sold in the past year in Detroit, MI 48217. The median home value in Detroit, MI 48217 is $71,759. There are a total of 2,873 residential properties in the 48217.

Median Sales Price i

July '25 Jul '25 N/A
June '25 Jun '25 $88,500
May '25 May '25 $80,000
April '25 Apr '25 N/A
March '25 Mar '25 $85,000
February '25 Feb '25 $98,455
January '25 Jan '25 $84,000
December '24 Dec '24 $95,000
November '24 Nov '24 $100,000
October '24 Oct '24 $126,500
September '24 Sep '24 N/A
August '24 Aug '24 $63,750

Median Down Payment i

July '25 Jul '25 N/A
June '25 Jun '25 $2,655
May '25 May '25 $2,400
April '25 Apr '25 N/A
March '25 Mar '25 $1,540
February '25 Feb '25 $4,365
January '25 Jan '25 $16,800
December '24 Dec '24 $2,611
November '24 Nov '24 N/A
October '24 Oct '24 $5,250
September '24 Sep '24 N/A
August '24 Aug '24 $4,750

Number of Homes Sold i

5

(Jul 2025)

-37.5%

year-over-year

y-o-y

July '25 Jul '25 5
June '25 Jun '25 12
May '25 May '25 7
April '25 Apr '25 3
March '25 Mar '25 4
February '25 Feb '25 6
January '25 Jan '25 7
December '24 Dec '24 5
November '24 Nov '24 9
October '24 Oct '24 11
September '24 Sep '24 7
August '24 Aug '24 10

Number of Purchase Loans i

1

(Jul 2025)

year-over-year

y-o-y

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

Number of REFI Loans i

3

(Jul 2025)

-25%

year-over-year

y-o-y

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

Number of HELOC Loans i

1

(Jul 2025)

year-over-year

y-o-y

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 1
February '25 Feb '25 1
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 1
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 1

Detroit, MI 48217 Real Estate Market Overview

Last 30 days

Street
Street
Street

1
2

Detroit, MI 48217 Foreclosure Activity

Total Foreclosure Filings i

July '25 Jul '25 N/A
June '25 Jun '25 N/A
May '25 May '25 2
April '25 Apr '25 3
March '25 Mar '25 5
February '25 Feb '25 N/A
January '25 Jan '25 3
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 1

Foreclosure Starts i

July '25 Jul '25 N/A
June '25 Jun '25 N/A
May '25 May '25 2
April '25 Apr '25 3
March '25 Mar '25 5
February '25 Feb '25 N/A
January '25 Jan '25 3
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 1

Completed Foreclosures (REOs) i

July '25 Jul '25 N/A
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 N/A
September '24 Sep '24 N/A
August '24 Aug '24 N/A

Nearby Zip Codes

1. 48201
2. 48202
3. 48204
4. 48205
5. 48206
6. 48207

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