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Detroit, MI 48208 Real Estate & Property Data

Detroit, MI 48208 Real Estate Market Trends

Last Updated: September 06, 2025

A total of 86 residential properties have been sold over the past 12 months in 48208. With a median sales price of $320,000 in 48208. Discover market trends and get the granular level real estate data for Detroit, MI 48208 to keep your pulse on the housing market. Curate compelling home reports for Detroit, MI 48208 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Detroit, MI 48208 Real Estate Market Trends

Get property data for any address in Detroit, MI 48208 or the country:

Total Residential Properties 2,136

Total Commercial Properties 978

Avg. Home Age (Single Family Home) 98 Years

Avg. Square Feet (Single Family Home) 1,724

Total 2025 Residential Sales (year-to-date) 47

% of Homes Seriously Underwater (Q3 2025) 6.57%

Total 2024 Residential Sales 72

% of Equity Rich Homes (Q3 2025) 9.64%

Effective 2024 Property Tax 0.54%

Total Foreclosure Filings (year-to-date) 2

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Detroit, MI 48208 Real Estate Overview

There were 86 residential properties sold in the past year in Detroit, MI 48208. The median home value in Detroit, MI 48208 is $123,827. There are a total of 2,136 residential properties in the 48208.

Median Sales Price i

$320,000

(Jun 2025)

+433.3%

year-over-year

y-o-y

June '25 Jun '25 $320,000
May '25 May '25 $485,000
April '25 Apr '25 N/A
March '25 Mar '25 N/A
February '25 Feb '25 $485,000
January '25 Jan '25 $275,000
December '24 Dec '24 $560,000
November '24 Nov '24 N/A
October '24 Oct '24 $133,966
September '24 Sep '24 $290,000
August '24 Aug '24 N/A
July '24 Jul '24 $265,000

Median Down Payment i

$16,000

(Jun 2025)

June '25 Jun '25 $16,000
May '25 May '25 $121,250
April '25 Apr '25 N/A
March '25 Mar '25 N/A
February '25 Feb '25 $97,000
January '25 Jan '25 $5,000
December '24 Dec '24 $56,000
November '24 Nov '24 N/A
October '24 Oct '24 $3,437
September '24 Sep '24 $8,700
August '24 Aug '24 N/A
July '24 Jul '24 $31,800

Number of Homes Sold i

8

(Jun 2025)

year-over-year

y-o-y

June '25 Jun '25 8
May '25 May '25 7
April '25 Apr '25 14
March '25 Mar '25 3
February '25 Feb '25 5
January '25 Jan '25 10
December '24 Dec '24 3
November '24 Nov '24 3
October '24 Oct '24 3
September '24 Sep '24 4
August '24 Aug '24 8
July '24 Jul '24 10

Number of Purchase Loans i

6

(Jun 2025)

+100%

year-over-year

y-o-y

June '25 Jun '25 6
May '25 May '25 9
April '25 Apr '25 6
March '25 Mar '25 4
February '25 Feb '25 2
January '25 Jan '25 4
December '24 Dec '24 3
November '24 Nov '24 N/A
October '24 Oct '24 3
September '24 Sep '24 2
August '24 Aug '24 3
July '24 Jul '24 6

Number of REFI Loans i

3

(Jun 2025)

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

Number of HELOC Loans i

1

(Jun 2025)

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 1
January '25 Jan '25 3
December '24 Dec '24 3
November '24 Nov '24 2
October '24 Oct '24 1
September '24 Sep '24 2
August '24 Aug '24 N/A
July '24 Jul '24 3

Detroit, MI 48208 Real Estate Market Overview

Last 30 days

Street
Street
Street

1
2

Detroit, MI 48208 Foreclosure Activity

Total Foreclosure Filings i

June '25 Jun '25 N/A
May '25 May '25 N/A
April '25 Apr '25 N/A
March '25 Mar '25 2
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 N/A
August '24 Aug '24 N/A
July '24 Jul '24 N/A

Foreclosure Starts i

June '25 Jun '25 N/A
May '25 May '25 N/A
April '25 Apr '25 N/A
March '25 Mar '25 2
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 N/A
August '24 Aug '24 N/A
July '24 Jul '24 N/A

Completed Foreclosures (REOs) i

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 2
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 4
August '24 Aug '24 N/A
July '24 Jul '24 N/A

Nearby Zip Codes

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

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