Detroit Real Estate Overview


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Average Listing Price

  • $49,110
  • for week ending Dec 17
  • +$1,613
  • +3.4%
  • w-o-w

Median Sales Price

  • $39,750
  • Sep '14 - Dec '14
  • $1,250
  • -3.0%
  • y-o-y

Most popular neighborhoods Avg. listing Price
Week ending Dec 17
w-o-w
Morningside $32,801 -2.9%
Midtown $678,350 -2.3%
Bagley $43,997 -0.1%
Grandmont-Rosedale $33,391 +9.1%
Indian Village $340,250 0.0%
Movers & Shakers Avg. listing price
Week ending Dec 17
w-o-w
Marina District $171,333 +75.1%
West Village $29,500 +47.5%
Grandale $18,343 +30.2%
Woodbridge $240,000 +26.3%
Chaldean Town $39,950 +25.0%
View Detroit Home Prices Map

Summary for Detroit


Average price per square foot for Detroit MI was $39, a decrease of 25% compared to the same period last year. The median sales price for homes in Detroit MI for Sep 14 to Dec 14 was $39,750 based on 210 home sales. Compared to the same period one year ago, the median home sales price decreased 3%, or $1,250, and the number of home sales decreased 39.1%. There are currently 1,949 resale and new homes in Detroit on Trulia, including 2,479 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 $49,110 for the week ending Dec 17, which represents an increase of 3.4%, or $1,613, compared to the prior week. Popular neighborhoods in Detroit include Morningside and Midtown, with average listing prices of $32,801 and $678,350.


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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