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

Detroit Market Report

$199,481

AVERAGE PRICE OF 4,965 HOMES

$204,749

AVERAGE PRICE OF 4,519 DISTRESSED HOMES

$2,104,305

AVERAGE PRICE OF 99 MULTI-MILLION DOLLAR HOMES

$492,705

AVERAGE PRICE OF 52 NEWLY BUILT HOMES

$369,593

AVERAGE PRICE OF 65 HOMES WITH A POOL

$206,931

AVERAGE PRICE OF 123 REDUCED PRICE HOMES

Average Home

Average Price $199,481
Avg Bedrooms 2.86 beds
Avg Bathrooms 1.63 baths

Average Price by Bedrooms

1 bedroom $189,416
2 bedrooms $149,860
3 bedrooms $128,366
4 bedrooms $169,977
5 bedrooms $229,528
Detroit Home Price Trends
  5/2025 4/2025 3/2025 2/2025 1/2025
Total Listings 4,587 4,345 4,243 4,191 4,223
Average Price $206,580 $209,249 $206,143 $206,834 $202,248
Avg Price Change -1.29% +1.51% -0.34% +2.27% -0.74%
Median Price $117,446 $115,153 $114,925 $113,054 $110,181
Med Price Change +1.99% +0.20% +1.65% +2.61% -1.09%
Avg Bedrooms 2.84 beds 2.8 beds 2.78 beds 2.75 beds 2.6 beds
Avg Bathrooms 1.62 baths 1.59 baths 1.55 baths 1.52 baths 1.54 baths
Total Homes Average Price Avg Days on Site
All Homes 4,965 $199,481 118 days
Distressed Homes 4,519 $204,749 121 days
Multi-Million Dollar Homes 99 $2,104,305 174 days
Newly Built Homes 52 $492,705 107 days
Homes with a Pool 65 $369,593 104 days
Reduced Price Homes 123 $206,931 73 days
Bellabay Realty Tri-Counties
37361 Eight Mile Rd
Livonia, MI 48152
248-274-6614

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