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Detroit, MI 48204 Real Estate & Property Data

Detroit, MI 48204 Real Estate Market Trends
Last Updated: April 26, 2024

A total of 410 residential properties have been sold over the past 12 months in 48204. With a median sales price of $124,900 in 48204 and a total of 1 foreclosures in Detroit, MI 48204. Discover market trends and get the granular level real estate data for Detroit, MI 48204 to keep your pulse on the housing market. Curate compelling home reports for Detroit, MI 48204 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Detroit, MI 48204 Real Estate Market Trends
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    • Zip Code: 60093
    • City: Chicago, IL
    • Address: 123 Main St, Chicago, IL
Total Residential Properties 10,118
Total Commercial Properties 1,445
Avg. Home Age (Single Family Home) 95 Years
Avg. Square Feet (Single Family Home) 1,304
Total 2024 Residential Sales (year-to-date) 71
% of Homes Seriously Underwater (Q2 2024) 0.87%
Total 2023 Residential Sales 370
% of Equity Rich Homes (Q2 2024) 4.74%
Effective 2023 Property Tax 1.43%
Total Foreclosure Filings (year-to-date) 4
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Detroit, MI 48204 Real Estate Overview

There were 410 residential properties sold in the past year in Detroit, MI 48204. The median home value in Detroit, MI 48204 is $56,179. There are a total of 10,118 residential properties in the 48204.

Median Sales Price i
$124,900
(Feb 2024)
+13.3%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 $124,900
  • January '24 Jan '24 $110,000
  • December '23 Dec '23 $120,900
  • November '23 Nov '23 $71,000
  • October '23 Oct '23 $119,500
  • September '23 Sep '23 $95,000
  • August '23 Aug '23 $135,000
  • July '23 Jul '23 $91,000
  • June '23 Jun '23 $65,000
  • May '23 May '23 $40,000
  • April '23 Apr '23 $132,500
  • March '23 Mar '23 $109,500
Median Down Payment i
$3,747
(Feb 2024)
-97.3%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 $3,747
  • January '24 Jan '24 $14,084
  • December '23 Dec '23 N/A
  • November '23 Nov '23 $5,000
  • October '23 Oct '23 $34,200
  • September '23 Sep '23 $8,050
  • August '23 Aug '23 $10,233
  • July '23 Jul '23 $22,000
  • June '23 Jun '23 $29,125
  • May '23 May '23 N/A
  • April '23 Apr '23 $27,500
  • March '23 Mar '23 $4,000
Number of Homes Sold i
35
(Feb 2024)
+40%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 35
  • January '24 Jan '24 36
  • December '23 Dec '23 15
  • November '23 Nov '23 29
  • October '23 Oct '23 28
  • September '23 Sep '23 31
  • August '23 Aug '23 44
  • July '23 Jul '23 33
  • June '23 Jun '23 38
  • May '23 May '23 28
  • April '23 Apr '23 34
  • March '23 Mar '23 34
Number of Purchase Loans i
5
(Feb 2024)
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 5
  • January '24 Jan '24 10
  • December '23 Dec '23 2
  • November '23 Nov '23 8
  • October '23 Oct '23 7
  • September '23 Sep '23 9
  • August '23 Aug '23 8
  • July '23 Jul '23 11
  • June '23 Jun '23 6
  • May '23 May '23 4
  • April '23 Apr '23 8
  • March '23 Mar '23 3
Number of REFI Loans i
12
(Feb 2024)
+50%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 12
  • January '24 Jan '24 7
  • December '23 Dec '23 3
  • November '23 Nov '23 11
  • October '23 Oct '23 8
  • September '23 Sep '23 7
  • August '23 Aug '23 4
  • July '23 Jul '23 10
  • June '23 Jun '23 10
  • May '23 May '23 5
  • April '23 Apr '23 24
  • March '23 Mar '23 7
Number of HELOC Loans i
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 N/A
  • January '24 Jan '24 1
  • December '23 Dec '23 N/A
  • November '23 Nov '23 2
  • October '23 Oct '23 N/A
  • September '23 Sep '23 3
  • August '23 Aug '23 2
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 1
  • March '23 Mar '23 1

Detroit, MI 48204 Real Estate Market Overview

Last 30 days
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Detroit, MI 48204 Foreclosure Activity

There were a total of 1 Detroit, MI 48204 properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 1 Detroit, MI 48204 properties and repossessed 2 Detroit, MI 48204 properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
1
(Feb 2024)
-66.7%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 1
  • January '24 Jan '24 3
  • December '23 Dec '23 2
  • November '23 Nov '23 1
  • October '23 Oct '23 4
  • September '23 Sep '23 7
  • August '23 Aug '23 2
  • July '23 Jul '23 N/A
  • June '23 Jun '23 3
  • May '23 May '23 3
  • April '23 Apr '23 2
  • March '23 Mar '23 2
Foreclosure Starts i
1
(Feb 2024)
-66.7%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 1
  • January '24 Jan '24 3
  • December '23 Dec '23 2
  • November '23 Nov '23 1
  • October '23 Oct '23 4
  • September '23 Sep '23 7
  • August '23 Aug '23 2
  • July '23 Jul '23 N/A
  • June '23 Jun '23 3
  • May '23 May '23 3
  • April '23 Apr '23 2
  • March '23 Mar '23 2
Completed Foreclosures (REOs) i
2
(Feb 2024)
-60%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 2
  • January '24 Jan '24 38
  • December '23 Dec '23 3
  • November '23 Nov '23 12
  • October '23 Oct '23 1
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 4
  • June '23 Jun '23 N/A
  • May '23 May '23 4
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
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