How much do homes in Detroit, MI cost?

Median List Price

$54,995

Based on all homes listed in the last 12 months.

Difference Since June 2019

+$9,994(+22.2%)

Key Takeaway

The list price of homes in Detroit has increased by 22.2% since last year.

Housing Market Conditions

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Median List Price By Bedroom Count

# BEDSJun 2019Jun 2020%
1 $179.2K$189.9K+6.0%
2 $35K$44.9K+28.6%
3 $40K$49.2K+23.1%
4 $65.3K$86.7K+32.7%
5+ $165K$156.8K-5.0%

Median List Price Compared To Nearby Cities

Royal Oak Charter Township
+53.3%
Highland Park
+38.6%
Detroit
+22.2%

How many homes are available in Detroit, MI?

Number of Homes For Sale

May 2020Jun 2020%
2,1622,386+10.4%

Homes For Sale By Bedroom Count

# BEDSMay 2020Jun 2020%
1 83100+20.5%
2 372384+3.2%
3 1,3031,448+11.1%
4 280314+12.1%
5+ 124140+12.9%

Asking Price vs. Sold Price

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Average Listing Age

Jun 2019Jun 2020%
145 Days131 Days-9.3%

Breakdown of Home Sale Times

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