Detroit, MI 48216 Real Estate & Property Data

Detroit, MI 48216 Real Estate Market Trends
Last Updated: September 06, 2025

A total of 31 residential properties have been sold over the past 12 months in 48216. Discover market trends and get the granular level real estate data for Detroit, MI 48216 to keep your pulse on the housing market. Curate compelling home reports for Detroit, MI 48216 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Detroit, MI 48216 Real Estate Market Trends
Total Residential Properties 1,386
Total Commercial Properties 789
Avg. Home Age (Single Family Home) 80 Years
Avg. Square Feet (Single Family Home) 1,671
Total 2025 Residential Sales (year-to-date) 12
% of Homes Seriously Underwater (Q3 2025) 7.05%
Total 2024 Residential Sales 38
% of Equity Rich Homes (Q3 2025) 15.33%
Effective 2024 Property Tax 0.56%
Total Foreclosure Filings (year-to-date) N/A
Interested in Purchasing National or Detroit, MI 48216 Property Data?

Detroit, MI 48216 Real Estate Overview

There were 31 residential properties sold in the past year in Detroit, MI 48216. The median home value in Detroit, MI 48216 is $202,140. There are a total of 1,386 residential properties in the 48216.

Median Sales Price i
  • June '25 Jun '25 N/A
  • May '25 May '25 $179,500
  • April '25 Apr '25 N/A
  • March '25 Mar '25 N/A
  • February '25 Feb '25 N/A
  • January '25 Jan '25 $310,000
  • December '24 Dec '24 N/A
  • November '24 Nov '24 $134,000
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 $149,000
  • July '24 Jul '24 N/A
Median Down Payment i
  • June '25 Jun '25 N/A
  • May '25 May '25 $25,000
  • April '25 Apr '25 N/A
  • March '25 Mar '25 N/A
  • February '25 Feb '25 N/A
  • January '25 Jan '25 $34,100
  • December '24 Dec '24 N/A
  • November '24 Nov '24 $33,500
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 $4,470
  • July '24 Jul '24 N/A
Number of Homes Sold i
2
(Jun 2025)
-33.3%
year-over-year
y-o-y
  • June '25 Jun '25 2
  • May '25 May '25 2
  • April '25 Apr '25 2
  • March '25 Mar '25 1
  • February '25 Feb '25 2
  • January '25 Jan '25 3
  • December '24 Dec '24 4
  • November '24 Nov '24 1
  • October '24 Oct '24 2
  • September '24 Sep '24 1
  • August '24 Aug '24 4
  • July '24 Jul '24 4
Number of Purchase Loans i
2
(Jun 2025)
+100%
year-over-year
y-o-y
  • June '25 Jun '25 2
  • May '25 May '25 2
  • April '25 Apr '25 1
  • March '25 Mar '25 1
  • February '25 Feb '25 1
  • January '25 Jan '25 4
  • December '24 Dec '24 2
  • November '24 Nov '24 1
  • October '24 Oct '24 N/A
  • September '24 Sep '24 2
  • August '24 Aug '24 4
  • July '24 Jul '24 2
Number of REFI Loans i
3
(Jun 2025)
+200%
year-over-year
y-o-y
  • June '25 Jun '25 3
  • May '25 May '25 4
  • April '25 Apr '25 1
  • March '25 Mar '25 2
  • February '25 Feb '25 2
  • January '25 Jan '25 6
  • December '24 Dec '24 2
  • November '24 Nov '24 2
  • October '24 Oct '24 1
  • September '24 Sep '24 3
  • August '24 Aug '24 N/A
  • July '24 Jul '24 N/A
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 N/A
  • January '25 Jan '25 1
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 1
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 1

Detroit, MI 48216 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 N/A
  • 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 1
  • August '24 Aug '24 N/A
  • July '24 Jul '24 1
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 N/A
  • 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 1
  • August '24 Aug '24 N/A
  • July '24 Jul '24 1
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 1
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 1
  • August '24 Aug '24 N/A
  • July '24 Jul '24 N/A
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 48216 property data?

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