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Detroit

Detroit Market Report

$157,999

AVERAGE PRICE OF 1,961 HOMES

$95,820

AVERAGE PRICE OF 22 DISTRESSED HOMES

$1,549,015

AVERAGE PRICE OF 19 MULTI-MILLION DOLLAR HOMES

$568,010

AVERAGE PRICE OF 70 NEWLY BUILT HOMES

$206,893

AVERAGE PRICE OF 102 HOMES WITH A POOL

$175,228

AVERAGE PRICE OF 45 REDUCED PRICE HOMES

Average Home

Average Price $157,999
Avg Bedrooms 3.02 beds
Avg Bathrooms 1.4 baths

Average Price by Bedrooms

1 bedroom $212,156
2 bedrooms $194,932
3 bedrooms $126,622
4 bedrooms $148,772
5 bedrooms $251,114
Detroit Home Price Trends
  7/2021 6/2021 5/2021 4/2021 3/2021
Total Listings 1,878 1,790 1,697 1,655 1,630
Average Price $160,312 $164,777 $165,386 $163,297 $159,974
Avg Price Change -2.79% -0.37% +1.28% +2.08% +1.07%
Median Price $84,858 $84,982 $81,930 $79,900 $77,166
Med Price Change -0.15% +3.73% +2.54% +3.54% +0.52%
Avg Bedrooms 3.02 beds 2.98 beds 3.02 beds 3.01 beds 3.01 beds
Avg Bathrooms 1.41 baths 1.41 baths 1.42 baths 1.43 baths 1.43 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,961 $157,999 92 days
Distressed Homes 22 $95,820 221 days
Multi-Million Dollar Homes 19 $1,549,015 268 days
Newly Built Homes 70 $568,010 283 days
Homes with a Pool 102 $206,893 114 days
Reduced Price Homes 45 $175,228 44 days
Keller Williams Legacy | The OZ Team
Issam And Reem Ozeir
22731 West Village Drive
Dearborn, MI 48124
734-644-6660
313-423-0143

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