Detroit Market Report
$199,453
AVERAGE PRICE OF 4,832 HOMES$203,940
AVERAGE PRICE OF 4,439 DISTRESSED HOMES$2,056,128
AVERAGE PRICE OF 109 MULTI-MILLION DOLLAR HOMES$410,953
AVERAGE PRICE OF 35 NEWLY BUILT HOMES$412,984
AVERAGE PRICE OF 51 HOMES WITH A POOL$167,094
AVERAGE PRICE OF 176 REDUCED PRICE HOMESAverage Home
| Average Price | $199,453 |
| Avg Bedrooms | 2.89 beds |
| Avg Bathrooms | 1.6 baths |
Average Price by Bedrooms
| 1 bedroom | $211,330 |
| 2 bedrooms | $135,762 |
| 3 bedrooms | $122,837 |
| 4 bedrooms | $157,127 |
| 5 bedrooms | $249,362 |
Detroit Home Price Trends
| 12/2025 | 11/2025 | 10/2025 | 9/2025 | 8/2025 | |
|---|---|---|---|---|---|
| Total Listings | 5,118 | 5,241 | 5,216 | 6,588 | 7,244 |
| Average Price | $203,882 | $207,444 | $204,071 | $199,739 | $191,651 |
| Avg Price Change | -1.75% | +1.65% | +2.17% | +4.22% | -2.36% |
| Median Price | $111,001 | $115,000 | $114,920 | $117,087 | $119,000 |
| Med Price Change | -3.60% | +0.07% | -1.89% | -1.63% | +0.14% |
| Avg Bedrooms | 2.93 beds | 2.94 beds | 2.88 beds | 2.95 beds | 2.96 beds |
| Avg Bathrooms | 1.63 baths | 1.65 baths | 1.66 baths | 1.69 baths | 1.67 baths |
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 4,832 | $199,453 | 151 days |
| Distressed Homes | 4,439 | $203,940 | 154 days |
| Multi-Million Dollar Homes | 109 | $2,056,128 | 216 days |
| Newly Built Homes | 35 | $410,953 | 106 days |
| Homes with a Pool | 51 | $412,984 | 120 days |
| Reduced Price Homes | 176 | $167,094 | 81 days |

