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  • Detroit Market Report

    $203,948

    AVERAGE PRICE OF 4,495 HOMES

    $209,356

    AVERAGE PRICE OF 4,080 DISTRESSED HOMES

    $2,204,201

    AVERAGE PRICE OF 109 MULTI-MILLION DOLLAR HOMES

    $560,145

    AVERAGE PRICE OF 66 NEWLY BUILT HOMES

    $273,951

    AVERAGE PRICE OF 60 HOMES WITH A POOL

    $254,776

    AVERAGE PRICE OF 124 REDUCED PRICE HOMES

    Average Home

    Average Price $203,948
    Avg Bedrooms 2.17 beds
    Avg Bathrooms 1.55 baths

    Average Price by Bedrooms

    1 bedroom $228,193
    2 bedrooms $158,909
    3 bedrooms $122,131
    4 bedrooms $161,529
    5 bedrooms $219,700
    Detroit Home Price Trends
      5/2024 4/2024 3/2024 2/2024 1/2024
    Total Listings 4,406 n/a n/a n/a n/a
    Average Price $201,517 n/a n/a n/a n/a
    Avg Price Change n/a n/a n/a n/a n/a
    Median Price $100,000 n/a n/a n/a n/a
    Med Price Change n/a n/a n/a n/a n/a
    Avg Bedrooms 2.14 beds n/a n/a n/a n/a
    Avg Bathrooms 1.53 baths n/a n/a n/a n/a
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 4,495 $203,948 35 days
    Distressed Homes 4,080 $209,356 35 days
    Multi-Million Dollar Homes 109 $2,204,201 40 days
    Newly Built Homes 66 $560,145 36 days
    Homes with a Pool 60 $273,951 38 days
    Reduced Price Homes 124 $254,776 32 days