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Detroit, MI 48235 Real Estate & Property Data

Detroit, MI 48235 Real Estate Market Trends
Last Updated: April 22, 2025

A total of 973 residential properties have been sold over the past 12 months in 48235. With a median sales price of $137,500 in 48235 and a total of 9 foreclosures in Detroit, MI 48235. Discover market trends and get the granular level real estate data for Detroit, MI 48235 to keep your pulse on the housing market. Curate compelling home reports for Detroit, MI 48235 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Detroit, MI 48235 Real Estate Market Trends
Get property data for any address in Detroit, MI 48235 or the country:
Total Residential Properties 17,940
Total Commercial Properties 1,364
Avg. Home Age (Single Family Home) 81 Years
Avg. Square Feet (Single Family Home) 1,212
Total 2025 Residential Sales (year-to-date) 176
% of Homes Seriously Underwater (Q2 2025) 2.37%
Total 2024 Residential Sales 883
% of Equity Rich Homes (Q2 2025) 13.2%
Effective 2024 Property Tax 1.38%
Total Foreclosure Filings (year-to-date) 16
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Detroit, MI 48235 Real Estate Overview

There were 973 residential properties sold in the past year in Detroit, MI 48235. The median home value in Detroit, MI 48235 is $101,838. There are a total of 17,940 residential properties in the 48235.

Median Sales Price i
$137,500
(Feb 2025)
+6.6%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '25 Feb '25 $137,500
  • January '25 Jan '25 $121,500
  • December '24 Dec '24 $137,500
  • November '24 Nov '24 $132,500
  • October '24 Oct '24 $129,000
  • September '24 Sep '24 $132,000
  • August '24 Aug '24 $125,000
  • July '24 Jul '24 $93,000
  • June '24 Jun '24 $122,000
  • May '24 May '24 $139,000
  • April '24 Apr '24 $116,300
  • March '24 Mar '24 $128,000
Median Down Payment i
$5,600
(Feb 2025)
+2%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '25 Feb '25 $5,600
  • January '25 Jan '25 $13,550
  • December '24 Dec '24 $16,600
  • November '24 Nov '24 $7,907
  • October '24 Oct '24 $12,000
  • September '24 Sep '24 $4,723
  • August '24 Aug '24 $4,076
  • July '24 Jul '24 $7,860
  • June '24 Jun '24 $4,912
  • May '24 May '24 $4,800
  • April '24 Apr '24 $4,119
  • March '24 Mar '24 $4,050
Number of Homes Sold i
73
(Feb 2025)
+9%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '25 Feb '25 73
  • January '25 Jan '25 103
  • December '24 Dec '24 50
  • November '24 Nov '24 58
  • October '24 Oct '24 97
  • September '24 Sep '24 89
  • August '24 Aug '24 82
  • July '24 Jul '24 63
  • June '24 Jun '24 73
  • May '24 May '24 77
  • April '24 Apr '24 67
  • March '24 Mar '24 74
Number of Purchase Loans i
45
(Feb 2025)
+12.5%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '25 Feb '25 45
  • January '25 Jan '25 66
  • December '24 Dec '24 30
  • November '24 Nov '24 45
  • October '24 Oct '24 62
  • September '24 Sep '24 50
  • August '24 Aug '24 52
  • July '24 Jul '24 39
  • June '24 Jun '24 56
  • May '24 May '24 45
  • April '24 Apr '24 33
  • March '24 Mar '24 32
Number of REFI Loans i
37
(Feb 2025)
+12.1%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '25 Feb '25 37
  • January '25 Jan '25 57
  • December '24 Dec '24 41
  • November '24 Nov '24 42
  • October '24 Oct '24 51
  • September '24 Sep '24 54
  • August '24 Aug '24 57
  • July '24 Jul '24 75
  • June '24 Jun '24 45
  • May '24 May '24 49
  • April '24 Apr '24 38
  • March '24 Mar '24 32
Number of HELOC Loans i
5
(Feb 2025)
+25%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '25 Feb '25 5
  • January '25 Jan '25 5
  • December '24 Dec '24 3
  • November '24 Nov '24 4
  • October '24 Oct '24 11
  • September '24 Sep '24 6
  • August '24 Aug '24 14
  • July '24 Jul '24 8
  • June '24 Jun '24 6
  • May '24 May '24 6
  • April '24 Apr '24 6
  • March '24 Mar '24 4

Detroit, MI 48235 Real Estate Market Overview

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Detroit, MI 48235 Foreclosure Activity

There were a total of 9 Detroit, MI 48235 properties with a foreclosure filing in February 2025. Lenders started the foreclosure process on 9 Detroit, MI 48235 properties and repossessed 2 Detroit, MI 48235 properties through completed foreclosures (REOs) in February 2025.

Total Foreclosure Filings i
9
(Feb 2025)
-30.8%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '25 Feb '25 9
  • January '25 Jan '25 7
  • December '24 Dec '24 17
  • November '24 Nov '24 2
  • October '24 Oct '24 10
  • September '24 Sep '24 10
  • August '24 Aug '24 3
  • July '24 Jul '24 7
  • June '24 Jun '24 5
  • May '24 May '24 12
  • April '24 Apr '24 3
  • March '24 Mar '24 2
Foreclosure Starts i
9
(Feb 2025)
-30.8%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '25 Feb '25 9
  • January '25 Jan '25 7
  • December '24 Dec '24 17
  • November '24 Nov '24 2
  • October '24 Oct '24 10
  • September '24 Sep '24 10
  • August '24 Aug '24 3
  • July '24 Jul '24 7
  • June '24 Jun '24 5
  • May '24 May '24 12
  • April '24 Apr '24 3
  • March '24 Mar '24 2
Completed Foreclosures (REOs) i
2
(Feb 2025)
-33.3%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '25 Feb '25 2
  • January '25 Jan '25 5
  • December '24 Dec '24 13
  • November '24 Nov '24 N/A
  • October '24 Oct '24 1
  • September '24 Sep '24 2
  • August '24 Aug '24 5
  • July '24 Jul '24 2
  • June '24 Jun '24 N/A
  • May '24 May '24 N/A
  • April '24 Apr '24 1
  • March '24 Mar '24 2
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