Detroit Real Estate Overview


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  • Schools
  • Commute
  • Amenities
  • Affordability
  • Demographics
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Average Listing Price

  • $45,931
  • for week ending May 13
  • -$4,984
  • -9.8%
  • w-o-w

Median Sales Price

  • $40,000
  • Feb '15 - May '15
  • +$5,000
  • +14.3%
  • y-o-y

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Most popular neighborhoods Avg. listing Price
Week ending May 13
w-o-w
Grandmont-Rosedale $37,948 -0.5%
Morningside $27,234 -17.0%
Bagley $54,925 +6.2%
North Rosedale Park $89,585 -2.0%
Rosedale Park $83,095 +8.2%
Movers & Shakers Avg. listing price
Week ending May 13
w-o-w
Poletown East $54,900 +260.6%
Briggs $143,333 +258.3%
New Center $195,900 +133.3%
Weatherby $22,650 -77.1%
Jefferson Chalmers $220,005 +50.6%
View Detroit Home Prices Map

Summary for Detroit


Average price per square foot for Detroit MI was $35, an increase of 6.1% compared to the same period last year. The median sales price for homes in Detroit MI for Feb 15 to May 15 was $40,000 based on 201 home sales. Compared to the same period one year ago, the median home sales price increased 14.3%, or $5,000, and the number of home sales decreased 15.9%. There are currently 1,471 resale and new homes in Detroit on Trulia, including 1 open house, as well as 1,694 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 $45,931 for the week ending May 13, which represents a decrease of 9.8%, or $4,984, compared to the prior week. Popular neighborhoods in Detroit include Grandmont-Rosedale and Morningside, with average listing prices of $37,948 and $27,234.


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
Carleton Elementary School Public PK - 5
Detroit Waldorf School Private PK - 8
Cesar Chavez Academy Intermediate Public 3 - 5
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Stats & Trends
Homes for Sale in Detroit
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