If you need assistance, please call 248-274-6614

Detroit Market Report

$139,955

AVERAGE PRICE OF 2,686 HOMES

$72,596

AVERAGE PRICE OF 29 DISTRESSED HOMES

$1,537,900

AVERAGE PRICE OF 27 MULTI-MILLION DOLLAR HOMES

$594,206

AVERAGE PRICE OF 53 NEWLY BUILT HOMES

$247,667

AVERAGE PRICE OF 64 HOMES WITH A POOL

$130,038

AVERAGE PRICE OF 81 REDUCED PRICE HOMES

Average Home

Average Price $139,955
Avg Bedrooms 3.03 beds
Avg Bathrooms 1.35 baths

Average Price by Bedrooms

1 bedroom $205,065
2 bedrooms $160,390
3 bedrooms $116,143
4 bedrooms $148,695
5 bedrooms $215,483
Detroit Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 2,652 2,888 3,012 2,964 2,968
Average Price $143,596 $144,127 $143,236 $146,382 $148,426
Avg Price Change -0.37% +0.62% -2.20% -1.40% -1.19%
Median Price $79,964 $81,198 $84,158 $84,778 $84,748
Med Price Change -1.54% -3.65% -0.74% +0.04% +0.98%
Avg Bedrooms 3.02 beds 3.03 beds 3.04 beds 3.04 beds 3.04 beds
Avg Bathrooms 1.35 baths 1.35 baths 1.36 baths 1.37 baths 1.37 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,686 $139,955 115 days
Distressed Homes 29 $72,596 111 days
Multi-Million Dollar Homes 27 $1,537,900 323 days
Newly Built Homes 53 $594,206 242 days
Homes with a Pool 64 $247,667 132 days
Reduced Price Homes 81 $130,038 80 days
Bellabay Realty Tri-Counties
37361 Eight Mile Rd
Livonia, MI 48152
248-274-6614

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