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

Detroit Market Report

$140,418

AVERAGE PRICE OF 3,163 HOMES

$92,411

AVERAGE PRICE OF 17 DISTRESSED HOMES

$1,785,412

AVERAGE PRICE OF 24 MULTI-MILLION DOLLAR HOMES

$558,556

AVERAGE PRICE OF 55 NEWLY BUILT HOMES

$411,398

AVERAGE PRICE OF 58 HOMES WITH A POOL

$126,206

AVERAGE PRICE OF 101 REDUCED PRICE HOMES

Average Home

Average Price $140,418
Avg Bedrooms 3.07 beds
Avg Bathrooms 1.34 baths

Average Price by Bedrooms

1 bedroom $189,531
2 bedrooms $160,449
3 bedrooms $112,750
4 bedrooms $152,468
5 bedrooms $243,386
Detroit Home Price Trends
  11/2023 10/2023 9/2023 8/2023 7/2023
Total Listings 3,210 3,177 3,162 3,075 2,959
Average Price $140,239 $139,604 $137,530 $140,410 $145,068
Avg Price Change +0.45% +1.51% -2.09% -3.32% -2.73%
Median Price $86,187 $85,084 $84,993 $85,000 $87,485
Med Price Change +1.30% +0.11% -0.01% -2.92% +0.30%
Avg Bedrooms 3.05 beds 3.03 beds 3.02 beds 3.03 beds 3.05 beds
Avg Bathrooms 1.33 baths 1.32 baths 1.32 baths 1.33 baths 1.35 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,163 $140,418 105 days
Distressed Homes 17 $92,411 139 days
Multi-Million Dollar Homes 24 $1,785,412 228 days
Newly Built Homes 55 $558,556 229 days
Homes with a Pool 58 $411,398 139 days
Reduced Price Homes 101 $126,206 56 days
Bellabay Realty Tri-Counties
37361 Eight Mile Rd
Livonia, MI 48152
248-274-6614

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