Detroit Real Estate Overview


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Average Listing Price

  • $50,724
  • for week ending Oct 22
  • -$2,139
  • -4.0%
  • w-o-w

Median Sales Price

  • $36,000
  • Jul '14 - Oct '14
  • $4,000
  • -10.0%
  • y-o-y

Most popular neighborhoods Avg. listing Price
Week ending Oct 22
w-o-w
Grandmont-Rosedale $33,909 +7.7%
Rosedale Park $62,018 +5.0%
Bagley $46,214 +9.3%
Indian Village $297,929 -7.7%
East English Village $44,280 +6.4%
Movers & Shakers Avg. listing price
Week ending Oct 22
w-o-w
Virginia Park $139,000 +71.3%
Boston Edison $142,250 +51.4%
Conant Gardens $18,450 +47.8%
Grixdale $11,450 +32.6%
Sherwood Park $231,900 +30.8%
View Detroit Home Prices Map

Summary for Detroit


Average price per square foot for Detroit MI was $34, a decrease of 35.8% compared to the same period last year. The median sales price for homes in Detroit MI for Jul 14 to Oct 14 was $36,000 based on 219 home sales. Compared to the same period one year ago, the median home sales price decreased 10%, or $4,000, and the number of home sales decreased 32.2%. There are currently 1,982 resale and new homes in Detroit on Trulia, including 2 open houses, as well as 2,683 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Detroit MI was $50,724 for the week ending Oct 22, which represents a decrease of 4%, or $2,139, compared to the prior week. Popular neighborhoods in Detroit include Grandmont-Rosedale and Rosedale Park, with average listing prices of $33,909 and $62,018.


District Type Grades Schools Students
Detroit Public Schools Public K - 12 189 97,224
University Preparatory Academy (psad) Public K - 12 4
School Name School Type Grades Parent Rating
Clemente Roberto Academy Public PK - 5
Detroit Waldorf School Private PK - 8
Edison Elementary School Public K - 5
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Stats & Trends
Homes for Sale in Detroit
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