Here is what the numbers say. 163 homes are for sale in ZIP 48204 (Detroit area) in October 2026.
Their median asking price is $87,500, from $5,000 to $1,400,000.
The market in this slice
Asking prices work out to a median $56 a square foot. The typical home in the group has 1,647 square feet and 3 bedrooms.
The typical listing here has been on the market 196 days. The median build year among them is 1924.
By type that is 80 houses, 34 multi-family buildings, 18 lots and land, and 2 condos.
Beside the rest of the market
Across Detroit the median asking price is $109,000.
Against what homes are worth
The Census puts the median value of an owner's home in ZIP 48204 at $59,200, so these asking prices run 48% above that figure. 55.0% of the occupied homes there are lived in by their owners.
The Census counts 36.6% of ZIP 48204's homes as vacant.
How we count
Every active listing in the Rebuild Detroit homes index counts, MLS and off-market homes alike, read on October 25, 2026. A slice is written only where at least five homes are for sale in it.
Final word
A new edition follows on schedule, so the trend is always one click away. That is the story so far.
Sources
Editor In Chief, Detroit Ledger
Victoria Jackson is a lifelong student and sharp-eyed documentarian of all things Detroit, from its rich musical roots and cultural icons to its shifting neighborhoods, storied architecture, and underground legends.