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Detroit, MI 48215 Real Estate & Property Data

Detroit, MI 48215 Real Estate Market Trends

Last Updated: September 06, 2025

A total of 151 residential properties have been sold over the past 12 months in 48215. With a median sales price of $180,000 in 48215 and a total of 3 foreclosures in Detroit, MI 48215. Discover market trends and get the granular level real estate data for Detroit, MI 48215 to keep your pulse on the housing market. Curate compelling home reports for Detroit, MI 48215 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Detroit, MI 48215 Real Estate Market Trends

Get property data for any address in Detroit, MI 48215 or the country:

Total Residential Properties 3,997

Total Commercial Properties 788

Avg. Home Age (Single Family Home) 88 Years

Avg. Square Feet (Single Family Home) 1,476

Total 2025 Residential Sales (year-to-date) 76

% of Homes Seriously Underwater (Q3 2025) 1.99%

Total 2024 Residential Sales 131

% of Equity Rich Homes (Q3 2025) 11.44%

Effective 2024 Property Tax 0.75%

Total Foreclosure Filings (year-to-date) 12

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Detroit, MI 48215 Real Estate Overview

There were 151 residential properties sold in the past year in Detroit, MI 48215. The median home value in Detroit, MI 48215 is $142,676. There are a total of 3,997 residential properties in the 48215.

Median Sales Price i

$180,000

(Jun 2025)

+5.9%

year-over-year

y-o-y

June '25 Jun '25 $180,000
May '25 May '25 $95,000
April '25 Apr '25 $200,000
March '25 Mar '25 $148,000
February '25 Feb '25 $141,250
January '25 Jan '25 $212,000
December '24 Dec '24 $143,000
November '24 Nov '24 $79,500
October '24 Oct '24 $199,000
September '24 Sep '24 $53,000
August '24 Aug '24 $102,000
July '24 Jul '24 $137,000

Median Down Payment i

$14,725

(Jun 2025)

-49.9%

year-over-year

y-o-y

June '25 Jun '25 $14,725
May '25 May '25 $8,319
April '25 Apr '25 $5,978
March '25 Mar '25 $6,180
February '25 Feb '25 $4,237
January '25 Jan '25 $3,840
December '24 Dec '24 $37,750
November '24 Nov '24 $10,925
October '24 Oct '24 $13,950
September '24 Sep '24 N/A
August '24 Aug '24 $48,650
July '24 Jul '24 $17,203

Number of Homes Sold i

18

(Jun 2025)

+63.6%

year-over-year

y-o-y

June '25 Jun '25 18
May '25 May '25 11
April '25 Apr '25 9
March '25 Mar '25 15
February '25 Feb '25 9
January '25 Jan '25 14
December '24 Dec '24 6
November '24 Nov '24 11
October '24 Oct '24 17
September '24 Sep '24 10
August '24 Aug '24 7
July '24 Jul '24 13

Number of Purchase Loans i

13

(Jun 2025)

+225%

year-over-year

y-o-y

June '25 Jun '25 13
May '25 May '25 5
April '25 Apr '25 7
March '25 Mar '25 5
February '25 Feb '25 2
January '25 Jan '25 6
December '24 Dec '24 4
November '24 Nov '24 11
October '24 Oct '24 10
September '24 Sep '24 6
August '24 Aug '24 4
July '24 Jul '24 7

Number of REFI Loans i

6

(Jun 2025)

-33.3%

year-over-year

y-o-y

June '25 Jun '25 6
May '25 May '25 9
April '25 Apr '25 8
March '25 Mar '25 4
February '25 Feb '25 5
January '25 Jan '25 8
December '24 Dec '24 4
November '24 Nov '24 2
October '24 Oct '24 7
September '24 Sep '24 2
August '24 Aug '24 5
July '24 Jul '24 9

Number of HELOC Loans i

June '25 Jun '25 N/A
May '25 May '25 1
April '25 Apr '25 2
March '25 Mar '25 N/A
February '25 Feb '25 2
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 1
July '24 Jul '24 2

Detroit, MI 48215 Real Estate Market Overview

Last 30 days

Street
Street
Street

Detroit, MI 48215 Foreclosure Activity

There were a total of 3 Detroit, MI 48215 properties with a foreclosure filing in June 2025.

Total Foreclosure Filings i

3

(Jun 2025)

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

Foreclosure Starts i

3

(Jun 2025)

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

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 1
January '25 Jan '25 4
December '24 Dec '24 6
November '24 Nov '24 N/A
October '24 Oct '24 1
September '24 Sep '24 1
August '24 Aug '24 1
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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