How much do homes in Detroit cost?

Median List Price

$50,574

Based on all homes listed in the last 12 months.

Difference Since March 2019

+$8,640(+20.6%)

Key Takeaway

The list price of homes in Detroit has increased by 20.6% since last year.

Housing Market Conditions

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Median List Price By Bedroom Count

# BEDSMar 2019Mar 2020%
1 $184.9K$184.9K0.0%
2 $34.8K$39.9K+14.7%
3 $39.8K$47.3K+18.9%
4 $55K$79.9K+45.3%
5+ $170K$143.2K-15.7%

Median List Price Compared To Nearby Cities

Royal Oak Charter Township
+77.2%
Detroit
+20.6%

How many homes are available in Detroit?

Number of Homes For Sale

Feb 2020Mar 2020%
2,5472,574+1.1%

Homes For Sale By Bedroom Count

# BEDSFeb 2020Mar 2020%
1 7882+5.1%
2 415425+2.4%
3 1,5981,607+0.6%
4 338336-0.6%
5+ 118124+5.1%

Asking Price vs. Sold Price

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Average Listing Age

Mar 2019Mar 2020%
151 Days121 Days-20.3%

Breakdown of Home Sale Times

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