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Detroit

Why you'd want to live in Detroit

Detroit, located in southeast Michigan on the Detroit River between Lake Huron and Lake Erie, is the largest city in the state and the tenth-largest in the country. It is the oldest major city west of the original colonies and the only city in the US that allows you to travel south into Canada. It began as a fur-trading town in the 1700s, Detroit took full advantage of its prime geographical location in the 1800s, becoming a major shipping and manufacturing center. With an influx of workers from Europe and the American South, including many African Americans, Detroit was an industrial juggernaut in the early 1900s. During the two World Wars, Detroit was a leading supplier to the military. The birthplace of the automobile and the home of the "Big 3" (General Motors, Ford and Chrysler), Detroit remains the nucleus of the industry despite competition from Japan and Europe. One of the largest manufacturing cities in the country, Detroit is a leader in steel, fabricated-metal, chemicals, paper products, food and beverages. The health industry is also among the city's leading employers.

Detroit Market Report

$351,567

AVERAGE PRICE OF 2,000 HOMES

$663,594

AVERAGE PRICE OF 74 NEWLY BUILT HOMES

$314,427

AVERAGE PRICE OF 71 HOMES WITH A POOL

$2,265,595

AVERAGE PRICE OF 115 MULTI-MILLION DOLLAR HOMES

$178,313

AVERAGE PRICE OF 50 REDUCED PRICE HOMES

$260,033

AVERAGE PRICE OF 9 DISTRESSED HOMES

Average Home

Average Price $351,567
Avg Bedrooms 3.15 beds
Avg Bathrooms 2.03 baths

Average Price by Bedrooms

1 bedroom $246,625
2 bedrooms $350,044
3 bedrooms $199,451
4 bedrooms $230,966
5 bedrooms $249,651
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,000 $351,567 126 days
Newly Built Homes 74 $663,594 278 days
Homes with a Pool 71 $314,427 110 days
Multi-Million Dollar Homes 115 $2,265,595 212 days
Reduced Price Homes 50 $178,313 59 days
Distressed Homes 9 $260,033 93 days
Bellabay Realty Tri-Counties
37361 Eight Mile Rd
Livonia, MI 48152
248-274-6614

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