The Detroit housing market is somewhat competitive. Homes in Detroit receive 2 offers on average and sell in around 57 days. The median sale price of a home in Detroit was $90K last month, up 12.4% since last year. The median sale price per square foot in Detroit is $75, up 11.9% since last year.
In January 2025, Detroit home prices were up 12.4% compared to last year, selling for a median price of $90K. On average, homes in Detroit sell after 57 days on the market compared to 54 days last year. There were 470 homes sold in January this year, down from 491 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$89,950
+12.4% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Detroit, MI
$89,950
+12.4%
United States
To compare other locations to the Detroit and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Detroit's median sale price is 78% lower than the national average. Overall cost of living in Detroit is 3% higher than the national average. Learn which home features in Detroit add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in Detroit
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
How hot is the Detroit housing market?
Detroit is somewhat competitive. Homes sell in 52 days.
0
100
45
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 6% below list price and go pending in around 52 days.
Hot homes
can sell for around list price and go pending in around 21 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Detroit
Explore recent offers and recently sold homes in Detroit
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Detroit housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Detroit.
Flood Factor - Moderate
19% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Detroit has a moderate risk of flooding. 36,522 properties in Detroit are likely to be
severely affected
by flooding over the next 30 years. This represents 19% of all properties in Detroit. Flood risk is increasing slower than the national average.
1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Detroit has a moderate risk of wildfire. There are 5,788 properties in Detroit that have some risk of being affected by wildfire over the next 30 years. This represents 1% of all properties in Detroit.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Detroit has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Detroit is most at risk from severe storms. 380,160 properties in Detroit have some risk of being in a severe wind event within the next 30 years.