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Detroit Market Report

$144,859

AVERAGE PRICE OF 532 HOMES

$1,446,800

AVERAGE PRICE OF 5 MULTI-MILLION DOLLAR HOMES

$1,004,967

AVERAGE PRICE OF 3 NEWLY BUILT HOMES

$169,860

AVERAGE PRICE OF 5 HOMES WITH A POOL

$146,228

AVERAGE PRICE OF 14 REDUCED PRICE HOMES

Average Home

Average Price $144,859
Avg Bedrooms 2.14 beds
Avg Bathrooms 1.39 baths

Average Price by Bedrooms

1 bedroom $100,487
2 bedrooms $119,117
3 bedrooms $108,411
4 bedrooms $151,399
5 bedrooms $206,467
Detroit Home Price Trends
  2/2024 1/2024 12/2023 11/2023 10/2023
Total Listings 527 490 7 8 2
Average Price $147,370 $153,131 $299,374 $299,216 $722,235
Avg Price Change -3.91% -95.50% +0.05% -141.38% +31.18%
Median Price $92,888 $90,331 $202,975 $121,200 $713,793
Med Price Change +2.83% -124.70% +67.47% -488.94% +79.38%
Avg Bedrooms 2.17 beds 2.17 beds 2.01 beds 1.91 beds 1.02 beds
Avg Bathrooms 1.37 baths 1.37 baths 1.69 baths 1.32 baths 1 bath
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 532 $144,859 40 days
Multi-Million Dollar Homes 5 $1,446,800 45 days
Newly Built Homes 3 $1,004,967 39 days
Homes with a Pool 5 $169,860 43 days
Reduced Price Homes 14 $146,228 43 days
Bellabay Realty Tri-Counties
37361 Eight Mile Rd
Livonia, MI 48152
248-274-6614

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
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