Detroit, MI 48204 Real Estate & Property Data

Detroit, MI 48204 Real Estate Market Trends
Last Updated: April 22, 2025

A total of 409 residential properties have been sold over the past 12 months in 48204. With a median sales price of $96,000 in 48204 and a total of 1 foreclosures in Detroit, MI 48204. Discover market trends and get the granular level real estate data for Detroit, MI 48204 to keep your pulse on the housing market. Curate compelling home reports for Detroit, MI 48204 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Detroit, MI 48204 Real Estate Market Trends
Total Residential Properties 10,047
Total Commercial Properties 1,430
Avg. Home Age (Single Family Home) 96 Years
Avg. Square Feet (Single Family Home) 1,307
Total 2025 Residential Sales (year-to-date) 59
% of Homes Seriously Underwater (Q2 2025) 1.26%
Total 2024 Residential Sales 387
% of Equity Rich Homes (Q2 2025) 5.78%
Effective 2024 Property Tax 1.48%
Total Foreclosure Filings (year-to-date) 3
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Detroit, MI 48204 Real Estate Overview

There were 409 residential properties sold in the past year in Detroit, MI 48204. The median home value in Detroit, MI 48204 is $61,575. There are a total of 10,047 residential properties in the 48204.

Median Sales Price i
$96,000
(Feb 2025)
-23.1%
year-over-year
y-o-y
  • February '25 Feb '25 $96,000
  • January '25 Jan '25 $186,200
  • December '24 Dec '24 $144,900
  • November '24 Nov '24 $85,000
  • October '24 Oct '24 $85,000
  • September '24 Sep '24 $62,500
  • August '24 Aug '24 $77,500
  • July '24 Jul '24 $97,500
  • June '24 Jun '24 $90,500
  • May '24 May '24 $160,450
  • April '24 Apr '24 $148,500
  • March '24 Mar '24 $83,750
Median Down Payment i
$17,758
(Feb 2025)
+373.9%
year-over-year
y-o-y
  • February '25 Feb '25 $17,758
  • January '25 Jan '25 $18,250
  • December '24 Dec '24 $17,500
  • November '24 Nov '24 $1,956
  • October '24 Oct '24 $16,000
  • September '24 Sep '24 $13,550
  • August '24 Aug '24 $5,580
  • July '24 Jul '24 $3,900
  • June '24 Jun '24 $1,739
  • May '24 May '24 $11,875
  • April '24 Apr '24 $10,000
  • March '24 Mar '24 $10,601
Number of Homes Sold i
28
(Feb 2025)
-20%
year-over-year
y-o-y
  • February '25 Feb '25 28
  • January '25 Jan '25 31
  • December '24 Dec '24 30
  • November '24 Nov '24 20
  • October '24 Oct '24 38
  • September '24 Sep '24 27
  • August '24 Aug '24 33
  • July '24 Jul '24 42
  • June '24 Jun '24 31
  • May '24 May '24 29
  • April '24 Apr '24 33
  • March '24 Mar '24 32
Number of Purchase Loans i
10
(Feb 2025)
+100%
year-over-year
y-o-y
  • February '25 Feb '25 10
  • January '25 Jan '25 10
  • December '24 Dec '24 7
  • November '24 Nov '24 2
  • October '24 Oct '24 14
  • September '24 Sep '24 6
  • August '24 Aug '24 12
  • July '24 Jul '24 12
  • June '24 Jun '24 6
  • May '24 May '24 4
  • April '24 Apr '24 5
  • March '24 Mar '24 7
Number of REFI Loans i
15
(Feb 2025)
+25%
year-over-year
y-o-y
  • February '25 Feb '25 15
  • January '25 Jan '25 12
  • December '24 Dec '24 8
  • November '24 Nov '24 5
  • October '24 Oct '24 8
  • September '24 Sep '24 10
  • August '24 Aug '24 14
  • July '24 Jul '24 5
  • June '24 Jun '24 9
  • May '24 May '24 12
  • April '24 Apr '24 5
  • March '24 Mar '24 7
Number of HELOC Loans i
1
(Feb 2025)
  • February '25 Feb '25 1
  • January '25 Jan '25 3
  • December '24 Dec '24 1
  • November '24 Nov '24 2
  • October '24 Oct '24 3
  • September '24 Sep '24 N/A
  • August '24 Aug '24 6
  • July '24 Jul '24 N/A
  • June '24 Jun '24 2
  • May '24 May '24 2
  • April '24 Apr '24 N/A
  • March '24 Mar '24 N/A

Detroit, MI 48204 Foreclosure Activity

There were a total of 1 Detroit, MI 48204 properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i
1
(Feb 2025)
year-over-year
y-o-y
  • February '25 Feb '25 1
  • January '25 Jan '25 2
  • December '24 Dec '24 3
  • November '24 Nov '24 3
  • October '24 Oct '24 4
  • September '24 Sep '24 3
  • August '24 Aug '24 2
  • July '24 Jul '24 3
  • June '24 Jun '24 2
  • May '24 May '24 2
  • April '24 Apr '24 2
  • March '24 Mar '24 3
Foreclosure Starts i
1
(Feb 2025)
year-over-year
y-o-y
  • February '25 Feb '25 1
  • January '25 Jan '25 2
  • December '24 Dec '24 3
  • November '24 Nov '24 3
  • October '24 Oct '24 4
  • September '24 Sep '24 3
  • August '24 Aug '24 2
  • July '24 Jul '24 3
  • June '24 Jun '24 2
  • May '24 May '24 2
  • April '24 Apr '24 2
  • March '24 Mar '24 3
Completed Foreclosures (REOs) i
  • February '25 Feb '25 N/A
  • January '25 Jan '25 6
  • December '24 Dec '24 10
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 1
  • August '24 Aug '24 2
  • July '24 Jul '24 N/A
  • June '24 Jun '24 2
  • May '24 May '24 3
  • April '24 Apr '24 1
  • March '24 Mar '24 1
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