If you need assistance, please call 248-274-6614

Detroit Market Report

$138,612

AVERAGE PRICE OF 2,657 HOMES

$78,392

AVERAGE PRICE OF 28 DISTRESSED HOMES

$1,545,790

AVERAGE PRICE OF 25 MULTI-MILLION DOLLAR HOMES

$609,062

AVERAGE PRICE OF 54 NEWLY BUILT HOMES

$231,732

AVERAGE PRICE OF 74 HOMES WITH A POOL

$107,451

AVERAGE PRICE OF 60 REDUCED PRICE HOMES

Average Home

Average Price $138,612
Avg Bedrooms 3.04 beds
Avg Bathrooms 1.35 baths

Average Price by Bedrooms

1 bedroom $193,753
2 bedrooms $162,860
3 bedrooms $115,157
4 bedrooms $146,761
5 bedrooms $216,799
Detroit Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 2,686 2,652 2,888 3,012 2,964
Average Price $137,255 $143,596 $144,127 $143,236 $146,382
Avg Price Change -4.62% -0.37% +0.62% -2.20% -1.40%
Median Price $79,911 $79,964 $81,198 $84,158 $84,778
Med Price Change -0.07% -1.54% -3.65% -0.74% +0.04%
Avg Bedrooms 3.02 beds 3.02 beds 3.03 beds 3.04 beds 3.04 beds
Avg Bathrooms 1.34 baths 1.35 baths 1.35 baths 1.36 baths 1.37 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,657 $138,612 115 days
Distressed Homes 28 $78,392 86 days
Multi-Million Dollar Homes 25 $1,545,790 322 days
Newly Built Homes 54 $609,062 257 days
Homes with a Pool 74 $231,732 133 days
Reduced Price Homes 60 $107,451 55 days
Bellabay Realty Tri-Counties
37361 Eight Mile Rd
Livonia, MI 48152
248-274-6614

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