The Southwest Detroit housing market is somewhat competitive. The median sale price of a home in Southwest Detroit was $212K last month, up 49.3% since last year. The median sale price per square foot in Southwest Detroit is $159, up 144.6% since last year.
What is the housing market like in Southwest Detroit today?
In March 2024, Southwest Detroit home prices were up 49.3% compared to last year, selling for a median price of $212K. On average, homes in Southwest Detroit sell after 79 days on the market compared to 35 days last year. There were 8 homes sold in March this year, down from 15 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$212,000
+49.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Southwest Detroit, MI
$212,000
+49.3%
United States
To compare other locations to the Southwest Detroit and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Detroit add value to a home.
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How hot is the Southwest Detroit housing market?
Southwest Detroit is somewhat competitive. Homes sell in 27 days.
0
100
53
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 9 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 27 days.
Hot homes
can sell for about 2% above list price and go pending in around 10 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
4/10
Harms Elementary School
Public • PreK-5
398
Students
7 reviews
4/10
Neinas Elementary School
Public • PreK-8
357
Students
2 reviews
4/10
Clemente, Roberto Academy
Public • PreK-5
629
Students
2 reviews
4/10
Academy of the Americas
Public • PreK-8
860
Students
7 reviews
4/10
Maybury Elementary School
Public • PreK-5
278
Students
3 reviews
Only showing 5 of
9 elementary schools.
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 Southwest Detroit housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Southwest Detroit.
Risk Factor
Flood Factor - Moderate
32% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Southwest Detroit has a moderate risk of flooding. 1,191 properties in Southwest Detroit are likely to be
severely affected
by flooding over the next 30 years. This represents 32% of all properties in Southwest 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
Southwest Detroit has a moderate risk of wildfire. There are 3 properties in Southwest Detroit that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Southwest Detroit.
Southwest Detroit has minimal risk of severe winds over the next 30 years
Wind Factor
Southwest Detroit has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
100% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Southwest Detroit has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Southwest Detroit have a Moderate Heat Factor®.
Southwest Detroit is expected to see a 114% increase in the number of days over 96ºF over the next 30 years. Southwest Detroit is expected to experience 7