Home Values in Detroit and Michigan
|Zillow Home Value Index||$41,700||vs||$117,000|
|Median List Price||$15,000||vs||$137,900|
|Median Sale Price||$32,800||vs||$149,600|
Detroit, MI tends to be less expensive for home buyers than Michigan. During the last year, Detroit home values have risen by 3.7%, while Michigan home values have risen by 2.5%. The median sale price in Detroit is $32,800, but the median listing price was $15,000, a 119% increase. Meanwhile in Michigan, the median selling price is $149,600, and the starting price had a median of $137,900, a 8.5% increase.