Detroit Real Estate Market Overview

Could Detroit, MI be your next home? Kick-start your search with Trulia’s real estate guide and home search. With interactive maps and charts, Trulia provides a comprehensive overview of market trends, schools, demographics, and lifestyle data to help you learn all about Detroit. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near Detroit such as Grosse P...ointe Farms and Redford. When you’re ready, Trulia has 1,705 resale and new homes in Detroit lined up for you, including 11 open houses, and 3,829 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$43,495

Median Sales Price

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$47

Price Per Sqft

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$750

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in Detroit show a 10% year-over-year rise in median sales price and a 0% rise in median rent per month.

Median Sales Price
The median sales price for homes in Detroit for Dec 23 to Mar 22 was $43,495 based on 9 home sales.
Price Per Square Ft.
Average price per square foot for Detroit was $47, an increase of 34% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in Detroit for Feb 23 to Mar 23 was $750.

Crime

Most frequent crimes in the past year

Knowing more about crime activity in and around Detroit can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.

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36,511

Counts of Assault

33,220

Counts of Theft

13,152

Counts of Vandalism


Best Schools in Detroit

There are 176 schools in Detroit.

Elementary Schools
9

Bates Academy

Public, K - 8

8

Thirkell Elementary School

Public, PK - 6

8

Chrysler Elementary School

Public, K - 5

Middle Schools
9

Bates Academy

Public, K - 8

7

Ross/Hill Academy-Elementary

Public, K - 8

7

Martin Luther King Junior Education Center Academy

Public, PK - 8

High Schools
8

Renaissance High School

Public, 9 - 12

6

Cass Technical High School

Public, 9 - 12

6

Edison Public School Academy

Public, PK - 12


Demographics

Get to know your neighbors in Detroit by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.

Single residents
38%
Single residents
Home owners
57%
Home owners
Median age
36
Median age
Household income
$27,142
Median household income
College educated
15%
College educated

Commute

Most people in Detroit commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.

Commute Type
89% commute by car
0% commute by bike
8% commute by public transportation
0% commute by foot

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