Housing market · ZIP 48205
Detroit, MI Home Prices & Forecast
Median value and 12-month outlook · as of April 2026
Median home value
$52,542
3-month-4.6%
6-month-8.7%
12-month-11.7%
Touse 12-month forecast
-14.0%
Projected median near $45,193 over the next 12 months
As of April 2026, the median home value in Detroit, MI (ZIP 48205) is $52,542. Prices are falling, down 11.7% over the past year. Touse's model projects a -14.0% change over the next 12 months, putting the median near $45,193.
Nearby areas in Wayne
Estimates are derived from Zillow Research price history and Touse's forecasting model (LightGBM + Prophet). Forecasts are 12-month projections with inherent uncertainty, not guarantees, and are not financial advice. Confirm with a licensed professional before any decision.