Market report, updated

Market Report

Search in the zip of 48223

Trustrealtyhomes.com
Report prepared by Trustrealtyhomes.com Trust Realty Group LLC

Market at a glance

Over the last 6 months, homes sold for 94.8% of list price in 67 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $159K Sold · $153K
$170K$140K$110K$80K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 19 sales in Nov. Last month: 8.

Where the market stands

All homes in this report, by status.

235homes
Active115 · 49%
Under contract32 · 14%
Sold (6 mo)88 · 37%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

7.7months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$151K
Under contract$149K
Sold$133K

Average days on market

Active136 days
Under contract54 days
Sold67 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 115
Average list price $151,340
Avg. days on market 136 days
Avg. price per ft² $91 Based on 87 of 115 homes
Avg. living area 1,369 ft² Based on 87 of 115 homes
Avg. beds / baths 2.9 / 1.6

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

28 homes didn’t report living area and aren’t shown.

$600K$400K$200K$0

Price vs. living area: 87 homes plotted, up to $600K and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

24 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

15765-71 Evergreen Road$169
13913 Chatham Street$167
14955 Penrod Street$162
9884 W Outer Drive W$161
18885 Lancashire Street$160
14314 Southfield$157
15865 Auburn Street$156

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
15826 BENTLER StreetDetroit, MI 48223 321,782$105,000$580 days
15330 Bramell StreetDetroit, MI 48223 421,632$110,000$671 day
15756 Heyden StreetDetroit, MI 48223 421,198$125,000$1041 day
14393 Faust AvenueDetroit, MI 48223 331,538$219,000$1422 days
14951 Piedmont StreetDetroit, MI 48223 321,633$245,000$1503 days
15365 Bentler StreetDetroit, MI 48223 21747$18,000$243 days
14936 Ashton RoadDetroit, MI 48223 321,568$191,000$1216 days
9749 W Outer DriveDetroit, MI 48223 321,800$225,000$1258 days
14530 Stout Street EDetroit, MI 48223 31925$89,999$978 days
14160 PIEDMONT StreetDetroit, MI 48223 322,173$185,000$859 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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