$30,000
18293 Codding St
Detroit, MI
3 bd1 ba962 sqft
House6,970 sqft lot
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Detroit, MI
Buyer's market-10.6% YoY
Housing market overview · Updated weekly
$78,000median sale price
Homes sold
418
Last 12 weeks
Days on market
68
Average pace
Active listings
2,657
6.4 months supply
Sale-to-list
95.0%
Below asking
The Detroit housing market is currently classified as a buyer's market with a median sale price of $78,000. Prices have fallen 10.6% compared to last year, with homes spending an average of 68 days on market, indicating 6.4 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Detroit
There are currently 2,657 homes listed for sale in Detroit, Michigan. The median listing price is $110K. Featured listings range from $30,000 to $650,000.
$35,000
12201 Stout St
Detroit, MI
3 bd1 ba842 sqft
House5,227 sqft lot
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$35,000
12096 Meyers Rd
Detroit, MI
3 bd1 ba1,248 sqft
House4,792 sqft lot
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$39,900
9244 Heyden St
Detroit, MI
2 bd1 ba801 sqft
House5,227 sqft lot
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$65,000
12400 Lansdowne St
Detroit, MI
3 bd1 ba728 sqft
House5,663 sqft lot
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$84,900
9289 Bedford St
Detroit, MI
3 bd1 ba1,287 sqft
House4,792 sqft lot
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$104,900
20035 Santa Barbara Dr
Detroit, MI
2 bd1 ba737 sqft
House9,583 sqft lot
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$144,900
9390 Quincy St
Detroit, MI
3 bd2 ba1,076 sqft
House3,049 sqft lot
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$169,900
19189 Berden St
Detroit, MI
3 bd1 ba1,100 sqft
House6,534 sqft lot
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$179,999
14433 Mansfield St
Detroit, MI
4 bd2 ba2,678 sqft
Multi-family5,227 sqft lot
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$250,000
5116 Harold St
Detroit, MI
7 bd2 ba1,272 sqft
House3,485 sqft lot
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$650,000
4234 W Davison
Detroit, MI
10 bd10 ba7,676 sqft
Multi-family7,841 sqft lot
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Active listings
2,657
Homes on market
Median list price
$110K
Avg. days on market
68
Days until sale
New this week
772
Newly listed
Price drops:21.1%of listings
Sale-to-list:95.0%
Explore nearby cities in MI
Frequently asked questions
What is the average home price in Detroit?
The median home sale price in Detroit is $78,000, down 10.6% from last year.
How long do homes stay on market in Detroit?
Homes typically spend 68 days on market before going under contract.
Is Detroit a buyer's or seller's market?
With 6.4 months of supply, Detroit is currently a buyer's market.
How many homes are for sale in Detroit?
There are currently 2657 homes listed for sale in Detroit, MI.
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