Detroit, MI 48221 Real Estate & Property Data

Detroit, MI 48221 Real Estate Market Trends
Last Updated: September 20, 2025

A total of 786 residential properties have been sold over the past 12 months in 48221. With a median sales price of $186,416 in 48221 and a total of 13 foreclosures in Detroit, MI 48221. Discover market trends and get the granular level real estate data for Detroit, MI 48221 to keep your pulse on the housing market. Curate compelling home reports for Detroit, MI 48221 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Detroit, MI 48221 Real Estate Market Trends
Total Residential Properties 15,695
Total Commercial Properties 1,222
Avg. Home Age (Single Family Home) 86 Years
Avg. Square Feet (Single Family Home) 1,634
Total 2025 Residential Sales (year-to-date) 416
% of Homes Seriously Underwater (Q3 2025) 3.76%
Total 2024 Residential Sales 765
% of Equity Rich Homes (Q3 2025) 18.48%
Effective 2024 Property Tax 0.94%
Total Foreclosure Filings (year-to-date) 78
Interested in Purchasing National or Detroit, MI 48221 Property Data?

Detroit, MI 48221 Real Estate Overview

There were 786 residential properties sold in the past year in Detroit, MI 48221. The median home value in Detroit, MI 48221 is $189,013. There are a total of 15,695 residential properties in the 48221.

Median Sales Price i
$186,416
(Jul 2025)
+16.5%
year-over-year
y-o-y
  • July '25 Jul '25 $186,416
  • June '25 Jun '25 $147,000
  • May '25 May '25 $170,000
  • April '25 Apr '25 $143,000
  • March '25 Mar '25 $160,000
  • February '25 Feb '25 $217,000
  • January '25 Jan '25 $179,900
  • December '24 Dec '24 $148,900
  • November '24 Nov '24 $212,500
  • October '24 Oct '24 $147,340
  • September '24 Sep '24 $190,000
  • August '24 Aug '24 $175,000
Median Down Payment i
$11,250
(Jul 2025)
-14.6%
year-over-year
y-o-y
  • July '25 Jul '25 $11,250
  • June '25 Jun '25 $23,400
  • May '25 May '25 $12,350
  • April '25 Apr '25 $15,770
  • March '25 Mar '25 $10,150
  • February '25 Feb '25 $9,000
  • January '25 Jan '25 $12,403
  • December '24 Dec '24 $12,000
  • November '24 Nov '24 $7,140
  • October '24 Oct '24 $15,000
  • September '24 Sep '24 $14,821
  • August '24 Aug '24 $7,350
Number of Homes Sold i
57
(Jul 2025)
-28.8%
year-over-year
y-o-y
  • July '25 Jul '25 57
  • June '25 Jun '25 54
  • May '25 May '25 70
  • April '25 Apr '25 66
  • March '25 Mar '25 56
  • February '25 Feb '25 50
  • January '25 Jan '25 63
  • December '24 Dec '24 46
  • November '24 Nov '24 63
  • October '24 Oct '24 62
  • September '24 Sep '24 54
  • August '24 Aug '24 65
Number of Purchase Loans i
37
(Jul 2025)
-30.2%
year-over-year
y-o-y
  • July '25 Jul '25 37
  • June '25 Jun '25 38
  • May '25 May '25 50
  • April '25 Apr '25 52
  • March '25 Mar '25 36
  • February '25 Feb '25 36
  • January '25 Jan '25 48
  • December '24 Dec '24 48
  • November '24 Nov '24 45
  • October '24 Oct '24 38
  • September '24 Sep '24 34
  • August '24 Aug '24 50
Number of REFI Loans i
52
(Jul 2025)
+48.6%
year-over-year
y-o-y
  • July '25 Jul '25 52
  • June '25 Jun '25 35
  • May '25 May '25 41
  • April '25 Apr '25 49
  • March '25 Mar '25 57
  • February '25 Feb '25 35
  • January '25 Jan '25 35
  • December '24 Dec '24 45
  • November '24 Nov '24 36
  • October '24 Oct '24 44
  • September '24 Sep '24 38
  • August '24 Aug '24 39
Number of HELOC Loans i
19
(Jul 2025)
year-over-year
y-o-y
  • July '25 Jul '25 19
  • June '25 Jun '25 7
  • May '25 May '25 14
  • April '25 Apr '25 9
  • March '25 Mar '25 15
  • February '25 Feb '25 5
  • January '25 Jan '25 9
  • December '24 Dec '24 5
  • November '24 Nov '24 5
  • October '24 Oct '24 14
  • September '24 Sep '24 12
  • August '24 Aug '24 9

Detroit, MI 48221 Foreclosure Activity

There were a total of 13 Detroit, MI 48221 properties with a foreclosure filing in July 2025. Lenders started the foreclosure process on 13 Detroit, MI 48221 properties and repossessed 4 Detroit, MI 48221 properties through completed foreclosures (REOs) in July 2025.

Total Foreclosure Filings i
13
(Jul 2025)
-13.3%
year-over-year
y-o-y
  • July '25 Jul '25 13
  • June '25 Jun '25 9
  • May '25 May '25 11
  • April '25 Apr '25 17
  • March '25 Mar '25 6
  • February '25 Feb '25 9
  • January '25 Jan '25 13
  • December '24 Dec '24 9
  • November '24 Nov '24 7
  • October '24 Oct '24 9
  • September '24 Sep '24 7
  • August '24 Aug '24 7
Foreclosure Starts i
13
(Jul 2025)
-13.3%
year-over-year
y-o-y
  • July '25 Jul '25 13
  • June '25 Jun '25 9
  • May '25 May '25 11
  • April '25 Apr '25 17
  • March '25 Mar '25 6
  • February '25 Feb '25 9
  • January '25 Jan '25 13
  • December '24 Dec '24 9
  • November '24 Nov '24 7
  • October '24 Oct '24 9
  • September '24 Sep '24 7
  • August '24 Aug '24 7
Completed Foreclosures (REOs) i
4
(Jul 2025)
+300%
year-over-year
y-o-y
  • July '25 Jul '25 4
  • June '25 Jun '25 N/A
  • May '25 May '25 3
  • April '25 Apr '25 3
  • March '25 Mar '25 1
  • February '25 Feb '25 3
  • January '25 Jan '25 1
  • December '24 Dec '24 4
  • November '24 Nov '24 3
  • October '24 Oct '24 1
  • September '24 Sep '24 4
  • August '24 Aug '24 6
Learn how industries are using property, assessor, mortgage, boundary, foreclosure, AVM, listing, hazard, climate, and neighborhood data.
Interested in growing your business with Detroit, MI 48221 property data?

Contact Us Now!
Call (800) 692-2596 — or fill out this form and we’ll be in touch shortly.