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Detroit, MI Real Estate & Property Data

Last Updated: September 06, 2025

Accurate and comprehensive real estate data is critical for insight into Detroit, MI. ATTOM’s Detroit real estate data is updated daily, and current market trends show that in Detroit, MI a total of 10,132 residential properties have sold over the past year. With a median home price of $130,000 in Detroit and a total of 64 foreclosures. Get detailed property data for Detroit, MI instantly. ATTOM is your one-stop-shop for the Detroit property reports and real estate data you need in Detroit, MI.

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Total Residential Properties 216,363

Total Commercial Properties 31,614

Avg. Home Age (Single Family Home) 87 Years

Avg. Square Feet (Single Family Home) 1,281

Total 2025 Residential Sales (year-to-date) 4,821

% of Homes Seriously Underwater (Q3 2025) 2.18%

Total 2024 Residential Sales 9,396

% of Equity Rich Homes (Q3 2025) 11.72%

Effective 2024 Property Tax 1.06%

Total Foreclosure Filings (year-to-date) 564

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Detroit, MI Real Estate Overview

There were 10,132 residential properties sold in the past year in Detroit, MI. The median home value in Detroit, MI is $92,474. There are a total of 216,363 residential properties in the Detroit.

Median Sales Price i

$130,000

(Jun 2025)

+16.1%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 $130,000
May '25 May '25 $115,000
April '25 Apr '25 $110,000
March '25 Mar '25 $112,000
February '25 Feb '25 $108,000
January '25 Jan '25 $123,400
December '24 Dec '24 $120,000
November '24 Nov '24 $130,000
October '24 Oct '24 $112,000
September '24 Sep '24 $109,500
August '24 Aug '24 $105,000
July '24 Jul '24 $110,000

Median Down Payment i

$10,000

(Jun 2025)

+72.8%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 $10,000
May '25 May '25 $12,500
April '25 Apr '25 $8,500
March '25 Mar '25 $10,150
February '25 Feb '25 $8,000
January '25 Jan '25 $10,273
December '24 Dec '24 $13,657
November '24 Nov '24 $9,045
October '24 Oct '24 $13,037
September '24 Sep '24 $8,662
August '24 Aug '24 $6,550
July '24 Jul '24 $8,800

Number of Homes Sold i

767

(Jun 2025)

-6.5%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 767
May '25 May '25 832
April '25 Apr '25 846
March '25 Mar '25 734
February '25 Feb '25 752
January '25 Jan '25 890
December '24 Dec '24 636
November '24 Nov '24 713
October '24 Oct '24 815
September '24 Sep '24 773
August '24 Aug '24 761
July '24 Jul '24 793

Number of Purchase Loans i

363

(Jun 2025)

-6%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 363
May '25 May '25 464
April '25 Apr '25 449
March '25 Mar '25 332
February '25 Feb '25 365
January '25 Jan '25 449
December '24 Dec '24 341
November '24 Nov '24 360
October '24 Oct '24 461
September '24 Sep '24 353
August '24 Aug '24 390
July '24 Jul '24 384

Number of REFI Loans i

426

(Jun 2025)

+31.1%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 426
May '25 May '25 424
April '25 Apr '25 479
March '25 Mar '25 368
February '25 Feb '25 323
January '25 Jan '25 442
December '24 Dec '24 367
November '24 Nov '24 335
October '24 Oct '24 395
September '24 Sep '24 371
August '24 Aug '24 343
July '24 Jul '24 416

Number of HELOC Loans i

(Jun 2025)

+15.9%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 73
May '25 May '25 81
April '25 Apr '25 79
March '25 Mar '25 63
February '25 Feb '25 64
January '25 Jan '25 51
December '24 Dec '24 62
November '24 Nov '24 58
October '24 Oct '24 73
September '24 Sep '24 79
August '24 Aug '24 102
July '24 Jul '24 99

Detroit, MI Real Estate Market Overview

Last 30 days

Zip

Median Est. Value
Zip

Median Est. Value
Zip

Median Est. Value

48201

$92,474 $72.2/sqft
48202

$291,680 $129.08/sqft
48204

$75,351 $57.32/sqft
48205

$69,781 $62.98/sqft
48206

$117,381 $61.61/sqft
48207

$114,971 $66.08/sqft
48208

$123,827 $71.81/sqft
48209

$94,055 $70.37/sqft
48210

$73,081 $57.13/sqft
48211

$67,435 $47.89/sqft
48213

$57,416 $43.78/sqft
48214

$89,164 $51.11/sqft
48215

$142,676 $96.64/sqft
48216

$202,140 $120.95/sqft
48217

$71,759 $69.69/sqft
48219

$109,109 $95.01/sqft
48221

$188,579 $115.62/sqft
48223

$128,493 $103.65/sqft
48224

$100,002 $80.67/sqft
48226

$244,584 $138.33/sqft
48227

$82,728 $65.86/sqft
48228

$84,967 $84.12/sqft
48234

$71,236 $66.61/sqft
48235

$121,143 $99.65/sqft
48238

$72,159 $53/sqft
48242

$404,700 $187.08/sqft
48243
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Detroit, MI Foreclosure Activity

There were a total of 64 Detroit, MI properties with a foreclosure filing in June 2025. Lenders started the foreclosure process on 64 Detroit, MI properties and repossessed 14 Detroit, MI properties through completed foreclosures (REOs) in June 2025.

Total Foreclosure Filings i

(Jun 2025)

+33.3%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years