Detroit, MI 48214 Real Estate & Property Data

Detroit, MI 48214 Real Estate Market Trends
Last Updated: April 22, 2025

A total of 213 residential properties have been sold over the past 12 months in 48214. Discover market trends and get the granular level real estate data for Detroit, MI 48214 to keep your pulse on the housing market. Curate compelling home reports for Detroit, MI 48214 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Detroit, MI 48214 Real Estate Market Trends
Total Residential Properties 5,992
Total Commercial Properties 1,554
Avg. Home Age (Single Family Home) 105 Years
Avg. Square Feet (Single Family Home) 1,723
Total 2025 Residential Sales (year-to-date) 31
% of Homes Seriously Underwater (Q2 2025) 5.39%
Total 2024 Residential Sales 203
% of Equity Rich Homes (Q2 2025) 7.85%
Effective 2024 Property Tax 0.83%
Total Foreclosure Filings (year-to-date) 5
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Detroit, MI 48214 Real Estate Overview

There were 213 residential properties sold in the past year in Detroit, MI 48214. The median home value in Detroit, MI 48214 is $87,610. There are a total of 5,992 residential properties in the 48214.

Median Sales Price i
  • February '25 Feb '25 N/A
  • January '25 Jan '25 $276,000
  • December '24 Dec '24 $160,000
  • November '24 Nov '24 $256,000
  • October '24 Oct '24 $220,000
  • September '24 Sep '24 $185,950
  • August '24 Aug '24 $352,900
  • July '24 Jul '24 $118,750
  • June '24 Jun '24 $46,500
  • May '24 May '24 $275,000
  • April '24 Apr '24 $323,000
  • March '24 Mar '24 $125,000
Median Down Payment i
  • February '25 Feb '25 N/A
  • January '25 Jan '25 $13,800
  • December '24 Dec '24 $65,000
  • November '24 Nov '24 $7,840
  • October '24 Oct '24 $85,875
  • September '24 Sep '24 $19,650
  • August '24 Aug '24 $88,225
  • July '24 Jul '24 $7,623
  • June '24 Jun '24 $13,400
  • May '24 May '24 $62,000
  • April '24 Apr '24 $26,900
  • March '24 Mar '24 $43,750
Number of Homes Sold i
13
(Feb 2025)
-27.8%
year-over-year
y-o-y
  • February '25 Feb '25 13
  • January '25 Jan '25 18
  • December '24 Dec '24 15
  • November '24 Nov '24 22
  • October '24 Oct '24 11
  • September '24 Sep '24 17
  • August '24 Aug '24 15
  • July '24 Jul '24 16
  • June '24 Jun '24 13
  • May '24 May '24 17
  • April '24 Apr '24 12
  • March '24 Mar '24 26
Number of Purchase Loans i
5
(Feb 2025)
-93.7%
year-over-year
y-o-y
  • February '25 Feb '25 5
  • January '25 Jan '25 11
  • December '24 Dec '24 7
  • November '24 Nov '24 10
  • October '24 Oct '24 10
  • September '24 Sep '24 7
  • August '24 Aug '24 8
  • July '24 Jul '24 12
  • June '24 Jun '24 4
  • May '24 May '24 7
  • April '24 Apr '24 8
  • March '24 Mar '24 12
Number of REFI Loans i
3
(Feb 2025)
-96.2%
year-over-year
y-o-y
  • February '25 Feb '25 3
  • January '25 Jan '25 9
  • December '24 Dec '24 11
  • November '24 Nov '24 7
  • October '24 Oct '24 5
  • September '24 Sep '24 8
  • August '24 Aug '24 5
  • July '24 Jul '24 9
  • June '24 Jun '24 8
  • May '24 May '24 9
  • April '24 Apr '24 8
  • March '24 Mar '24 9
Number of HELOC Loans i
2
(Feb 2025)
+100%
year-over-year
y-o-y
  • February '25 Feb '25 2
  • January '25 Jan '25 N/A
  • December '24 Dec '24 2
  • November '24 Nov '24 2
  • October '24 Oct '24 2
  • September '24 Sep '24 N/A
  • August '24 Aug '24 5
  • July '24 Jul '24 5
  • June '24 Jun '24 5
  • May '24 May '24 4
  • April '24 Apr '24 5
  • March '24 Mar '24 N/A

Detroit, MI 48214 Foreclosure Activity

There were a total of 2 Detroit, MI 48214 properties with a foreclosure filing in February 2025. Lenders started the foreclosure process on 2 Detroit, MI 48214 properties and repossessed 1 Detroit, MI 48214 properties through completed foreclosures (REOs) in February 2025.

Total Foreclosure Filings i
2
(Feb 2025)
year-over-year
y-o-y
  • February '25 Feb '25 2
  • January '25 Jan '25 3
  • December '24 Dec '24 1
  • November '24 Nov '24 2
  • October '24 Oct '24 N/A
  • September '24 Sep '24 2
  • August '24 Aug '24 3
  • July '24 Jul '24 1
  • June '24 Jun '24 5
  • May '24 May '24 N/A
  • April '24 Apr '24 1
  • March '24 Mar '24 2
Foreclosure Starts i
2
(Feb 2025)
year-over-year
y-o-y
  • February '25 Feb '25 2
  • January '25 Jan '25 3
  • December '24 Dec '24 1
  • November '24 Nov '24 2
  • October '24 Oct '24 N/A
  • September '24 Sep '24 2
  • August '24 Aug '24 3
  • July '24 Jul '24 1
  • June '24 Jun '24 5
  • May '24 May '24 N/A
  • April '24 Apr '24 1
  • March '24 Mar '24 2
Completed Foreclosures (REOs) i
1
(Feb 2025)
year-over-year
y-o-y
  • February '25 Feb '25 1
  • January '25 Jan '25 4
  • December '24 Dec '24 7
  • November '24 Nov '24 1
  • October '24 Oct '24 2
  • September '24 Sep '24 3
  • August '24 Aug '24 2
  • July '24 Jul '24 N/A
  • June '24 Jun '24 N/A
  • May '24 May '24 1
  • April '24 Apr '24 N/A
  • March '24 Mar '24 N/A
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