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Detroit

Why you'd want to live in Detroit

Detroit, MI, often referred to as the "Motor City," is the largest city in Michigan and a historical hub for the American automotive industry, home to giants like Ford, General Motors, and Chrysler. After decades of economic struggles, Detroit is experiencing revitalization, with growth in areas such as technology, arts, and urban development. The city's downtown area has seen a resurgence with new businesses, cultural attractions, and residential projects. Detroit also boasts a rich musical heritage, being the birthplace of Motown Records, and continues to be a center for innovation and creativity?.

Detroit Market Report

$199,640

AVERAGE PRICE OF 14,091 HOMES

$2,110,822

AVERAGE PRICE OF 281 MULTI-MILLION DOLLAR HOMES

$466,959

AVERAGE PRICE OF 156 NEWLY BUILT HOMES

$370,028

AVERAGE PRICE OF 187 HOMES WITH A POOL

$218,947

AVERAGE PRICE OF 374 REDUCED PRICE HOMES

$204,592

AVERAGE PRICE OF 4,590 DISTRESSED HOMES

Average Home

Average Price $199,640
Avg Bedrooms 2.43 beds
Avg Bathrooms 1.6 baths

Average Price by Bedrooms

1 bedroom $188,787
2 bedrooms $153,249
3 bedrooms $128,066
4 bedrooms $176,864
5 bedrooms $230,808
Detroit Home Price Trends
  5/2025 4/2025 3/2025 2/2025 1/2025
Total Listings 13,575 12,326 11,556 11,354 11,540
Average Price $207,121 $212,486 $211,925 $211,195 $209,104
Avg Price Change -2.59% +0.26% +0.35% +1.00% -1.00%
Median Price $117,033 $116,303 $116,005 $114,112 $111,759
Med Price Change +0.63% +0.26% +1.66% +2.11% -0.97%
Avg Bedrooms 2.41 beds 2.34 beds 2.31 beds 2.34 beds 2.34 beds
Avg Bathrooms 1.59 baths 1.53 baths 1.5 baths 1.48 baths 1.5 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cody High School 5 $152,099 140 days
Total Homes Average Price Avg Days on Site
All Homes 14,091 $199,640 116 days
Multi-Million Dollar Homes 281 $2,110,822 174 days
Newly Built Homes 156 $466,959 108 days
Homes with a Pool 187 $370,028 102 days
Reduced Price Homes 374 $218,947 78 days
Distressed Homes 4,590 $204,592 127 days
Real Estate For A CAUSE
8200 South Saginaw Street, Suite 200
Grand Blanc, MI 48439
810-344-7275

Fair Housing/Equal Opportunity
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