Corktown, Detroit, MI—48216
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$196,000
4.4% YoY Growth
Household Income
$42,300
36.4% YoY Growth
Days on Market
56
19.0% Longer YoY
Home Price Forecast
-0.2%
Median Rent
$1,700
13.3% YoY Growth
1-Bed Rent
$1,200
25.9% YoY Growth
2-Bed Rent
$1,800
14.1% YoY Growth
3-Bed Rent
$2,950
5.4% YoY Growth
Home Price Trends — Corktown, Detroit, MI
As of May '26, the median home price in Corktown, Detroit, MI is $196,000, with a year-over-year change of -4.4%. This indicates that home prices in Corktown, Detroit, MI are decreasing. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $196,000 | -4.4% |
| Single Family | $181,000 | -5.7% |
| Condos | $298,000 | -2.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |