Detroit, OR housing market
The typical Detroit home is worth about $438,000, up 4.5% in a year, 12% below the Oregon typical home.
Home values, sales, trends and how Detroit compares with the towns next door — updated as new data is published.
Detroit at a glance
Typical home value, 2016–2026
Show as a table
| January | Detroit | Oregon |
|---|---|---|
| 2017 | $258,000 | $313,000 |
| 2018 | $276,000 | $337,000 |
| 2019 | $300,000 | $354,000 |
| 2020 | $324,000 | $369,000 |
| 2021 | $356,000 | $411,000 |
| 2022 | $402,000 | $480,000 |
| 2023 | $410,000 | $490,000 |
| 2024 | $400,000 | $495,000 |
| 2025 | $406,000 | $504,000 |
| 2026 | $434,000 | $500,000 |
| August 2026 | $438,000 | $496,000 |
No new homes permitted in 2018
No permits for new homes were issued in Detroit in 2018. The last year with any was 2014 (3 new homes).
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 3 | 3 | 0 | $687,000 |
| 2013 | 1 | 1 | 0 | $108,000 |
| 2012 | 4 | 4 | 0 | $1.2 million |
| 2011 | 2 | 2 | 0 | $774,000 |
| 2010 | 6 | 6 | 0 | $1.9 million |
| 2009 | 7 | 7 | 0 | $1.1 million |
| 2008 | 7 | 7 | 0 | $1.5 million |
| 2007 | 4 | 4 | 0 | $849,000 |
| 2006 | 4 | 4 | 0 | $466,000 |
| 2005 | 3 | 3 | 0 | $398,000 |
| 2004 | 5 | 5 | 0 | $729,000 |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 1 | 1 | 0 | $136,000 |
| 2001 | 0 | 0 | 0 | — |
| 2000 | 2 | 2 | 0 | $314,000 |
Detroit's permit office didn't report to the Census in 2018, so the 2018 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
A two-bedroom rents for about $1,920
HUD's Fair Market Rent for a two-bedroom in Detroit is $1,920 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $1,390 · 4 bedrooms $2,970
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (97342; Salem, OR MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.