Detroit, MI housing market
The typical Detroit home is worth about $77,000, down 5.7% in a year, 71% below the Michigan typical home. Homes typically sell in 54 days, below asking.
Home values, sales, trends and how Detroit compares with the towns next door — updated as new data is published.
Detroit at a glance
A buyer's market
More homes are for sale than are selling — about 7 months of supply. Buyers have room to negotiate.
Typical home value, 2016–2026
Show as a table
| January | Detroit | Michigan |
|---|---|---|
| 2017 | $35,000 | $144,000 |
| 2018 | $40,000 | $155,000 |
| 2019 | $47,000 | $165,000 |
| 2020 | $53,000 | $175,000 |
| 2021 | $64,000 | $194,000 |
| 2022 | $77,000 | $217,000 |
| 2023 | $78,000 | $230,000 |
| 2024 | $77,000 | $241,000 |
| 2025 | $81,000 | $253,000 |
| 2026 | $80,000 | $262,000 |
| August 2026 | $77,000 | $266,000 |
Detroit and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Detroit | $77K | −5.7% | 54 | $39,938 |
| Dearborn | $251K | +4.2% | 14 | $65,324 |
| River Rouge | $85K | −2.3% | 76 | $41,053 |
| Grosse Pointe Park | $520K | +2.9% | 14 | $124,111 |
| Dearborn Heights | $217K | +3.1% | 22 | $60,391 |
| Melvindale | $143K | +2% | 13 | $42,185 |
| Harper Woods | $155K | +0.1% | 26 | $65,022 |
1.9 years of income
The typical Detroit home costs about 1.9 years of the town's median household income, less than across Michigan (3.7 years).
How Detroit ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.