Brightmoor Home Prices & Values

$42,700 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 9.8% 1-year change
  • 2.1% 1-year forecast

The median home value in Brightmoor is $42,700. Brightmoor home values have gone up 9.8% over the past year and Zillow predicts they will rise 2.1% within the next year. The median list price per square foot in Brightmoor is $3, which is lower than the Detroit average of $11. The median price of homes currently listed in Brightmoor is $2,000 while the median price of homes that sold is $69,294. The median rent price in Brightmoor is $700, which is lower than the Detroit median of $750.

Relative ZHVI
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Brightmoor Market Overview

Data through Jul 31, 2014
  • $42,700 ZHVI
  • 2.1% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jul 31, 2015)
  • $2,000 Median listing price
  • No recent data Median sale price
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Brightmoor Market Health

Data through Jul 31, 2014
  • 5.3/10 Stable What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average of days on Zillow
  • No data Homes with negative equity (18.8% US Avg)
  • No data Delinquent on mortgage (7.2% US Avg)
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Nearby Neighborhoods

Name Median ZHVI Name Median ZHVI Name Median ZHVI
North Rosedale Park $70,300 Rosedale Park $64,800 Grandmont No.1 $51,500
Park $46,800 Minock Park $45,000 The Eye $41,100
Riverdale $40,600 Franklin Park $34,900 Weatherby $33,300

Listings & Sales

Data through Jul 31, 2014
  • $3 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 19.2% Listings with price cut
36.4%
Sold below listing
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Brightmoor Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$733 Brightmoor
$746 Detroit
$1,318 United States
  • 1.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • $700 Rent list price
  • $0.76 Rent list price / sq ft
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