How much do homes in Detroit, MI cost?

Median List Price

$61,792

Based on all homes listed in the last 12 months.

Difference Since December 2019

+$11,975(+24.0%)

Key Takeaway

The list price of homes in Detroit has increased by 24% since last year.

Housing Market Conditions

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Median List Price By Bedroom Count

# BEDSDec 2019Dec 2020%
1 $174.9K$183.2K+4.8%
2 $37.5K$49.3K+31.6%
3 $45K$55K+22.2%
4 $77.3K$99.9K+29.2%
5+ $143K$183.3K+28.2%

Median List Price Compared To Nearby Cities

Detroit
+24.0%
Highland Park
+20.2%

How many homes are available in Detroit, MI?

Number of Homes For Sale

Nov 2020Dec 2020%
1,9471,888-3.0%

Homes For Sale By Bedroom Count

# BEDSNov 2020Dec 2020%
1 7078+11.4%
2 321320-0.3%
3 1,1421,102-3.5%
4 273259-5.1%
5+ 141129-8.5%

Asking Price vs. Sold Price

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Average Listing Age

Dec 2019Dec 2020%
174 Days131 Days-24.8%

Breakdown of Home Sale Times

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