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Detroit Home Prices and Home Values

Zillow Home Value Index
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Zillow Home Value Index
Mid-point of Zestimate valuations for Detroit. Half the Zestimates are above this number and half are below it.
Median list price ($)
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Median list price ($)
Mid-point of the list price for homes listed on Zillow in Detroit, or the asking price.
Median sale price ($)
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Median sale price ($)
Mid-point of the price homes have sold for in Detroit. Half the homes sold above this number and half sold below.
Median rent list price ($)
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Median rent list price ($)
Mid-point of the rental price for homes listed for rent on Zillow in the Detroit. Half the homes have rent prices above this number and half are below.
Total homes sold
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Total homes sold
Total number of homes sold in Detroit during the prior 30 days.
Median value per sq. ft. ($)
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Median value per sq. ft. ($)
Mid-point of the value of all homes in Detroit, per square foot. This is derived by taking the Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Zestimate of $200k has a $200 value/sq foot).
Median list price per sq. ft. ($)
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Median list price per sq. ft. ($)
Mid-point of Detroits list prices when divided by the square footage of a home (e.g. a 1,000 sq ft home with a list price of $200k has a list price/sq ft of $200).
Median sale price per sq. ft. ($)
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Median sale price per sq. ft. ($)
Mid-point of Detroits sale prices when divided by the square footage of a home (e.g. a 1,000 sq ft home that sold for $200k has a sale price/sq ft of $200).
Median rent list price per sq. ft. ($)
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Median rent list price per sq. ft. ($)
Mid-point of Detroits rent when divided by the square footage of a home (e.g. a 1,000 sq ft home with a rent of $1,200 has a rent/sq ft of $12).
Median sale-to-list price ratio
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Median sale-to-list price ratio
Mid-point of the ratio between the sale price and the list price for all homes in Detroit (e.g. if a home with a list price of $200k sells for $250k, its ratio would be 5:4 or 1.25).
Listings with price cut (%)
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Listings with price cut (%)
The percentage of current listings on Zillow in Detroit whose price has been reduced in the last 30 days.
Median price cut (%)
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Median price cut (%)
The mid-point of the percentage of price reduction for homes in Detroit whose prices have been reduced in the past full month.
Sold for loss (%)
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Sold for loss (%)
The percentage of homes in Detroit that sold for less than the previous purchase price (e.g. a home purchased for $250k and then sold for $225k). This excludes foreclosure transactions.
Sold for gain (%)
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Sold for gain (%)
The percentage of homes sold for more than their previous purchase price (e.g. a home purchased for $225k and then sold for $250k).
Homes foreclosed
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Homes foreclosed
The number of homes in the Detroit per 10,000 that were foreclosed in a given month. A foreclosure is when a homeowner loses their home to their lending institution or it is sold to a third party at an auction.
Foreclosure re-sales (%)
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Foreclosure re-sales (%)
The percentage of home sales in a given month in Detroit where the home was foreclosed upon within the previous 12 months (e.g. sales of bank-owned homes after the bank repossessed a home during a foreclosure).
Increasing values (%)
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Increasing values (%)
The percentage of homes in Detroit whose values have increased in the past year.
Decreasing values (%)
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Decreasing values (%)
The percentage of all homes in Detroit whose value has fallen in the last year.
Sold in past year (%)
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Sold in past year (%)
The percentage of all homes in Detroit that were sold in the past 12 months.

$11,900
-13.5%Y-o-Y

Calculated 02/01/2012^*
^*Includes data and transactions through 01/31/2012

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RegionId	Region	M-o-M	Q-o-Q	Y-o-Y	Jan 2012
17762	Detroit	8.2%	-0.8%	-13.5%	11900
269948	Alden Park
269950	Art Center
272832	Aviation Sub.	0.0%	28.0%	4.6%	32000
272839	Bagley	5.0%	16.7%	-6.7%	21000
269952	Barton-McFarland	23.8%	-1.0%	-16.8%	9900
276209	Belmont	-1.1%	-11.0%	-11.0%	8900
269954	Berg-Lasher	-2.2%	-45.0%	-32.7%	22000
269956	Blackstone Park	-1.2%	-16.5%	-1.2%	16700
269958	Boynton	-0.8%	-10.7%	-36.9%	6300
269960	Briggs
269961	Brightmoor	20.0%	-6.2%	-16.7%	7500
276225	Brush Park
269964	Carbon Works
269965	Castle Rouge	0.0%	33.6%	26.0%	19900
273209	Chaldean Town
269966	Chandler Park
269969	Conant Gardens
273341	Conner Creek Ind
269971	Core City		0.0%	-58.3%	5000
269972	Corktown
269975	Detroit Golf	0.0%	-7.4%	54.4%	92500
269977	Downtown	-22.9%	-22.9%	124%	269000
269978	East English Village	38.3%	24.5%	3.8%	24900
269985	Eight Mile Wyoming	17.6%	-20%	-28.1%	10000
269986	Eliza Howell	0%	-18.5%	-35.3%	11000
269987	Elmwood Park	-11%	-40.6%	-42.1%	23500
269988	English Village
269989	Fishkorn	-13.8%	-28.9%	-30.3%	6900
269990	Fitzgerald	41.7%	-5.6%	23.2%	8500
276333	Five Points	0%	-4.8%	0%	10000
269991	Forest Park
269992	Franklin Park	4.7%	-0.1%	-10.1%	8900
269996	Gold Coast	0.3%	-11.8%	-22.6%	29100
269997	Grandale	18.2%	-13.3%	4.8%	6500
343358	Grandmont No.1	0%	-44.4%	-16.7%	25000
269999	Grandmont-Rosedale	0.6%	0%	-15.8%	16000
270000	Green Acres			30.6%	42900
270001	Greensbriar	-1.2%	-16.7%	-34.2%	4000
270002	Grixdale
270005	Herman Gardens
270007	Hubbard-Richard
270008	Indian Village	0%	-33.4%	-26.7%	109900
274112	Islandview	3.4%	26.7%	127%	36100
270009	Jefferies
270010	Jefferson Chalmers	0.7%	-16.7%	-34.8%	15000
270012	Joseph Barry Subdivision
270014	Kranz Woods	3.5%	-9.2%	-41%	5900
270016	LaSalle College Park	0%	0%	6.7%	9500
270017	LaSalle Gardens
270015	Lafayette Park	-49%	12%	-68.7%	28000
270020	Marina District
270021	Martin Park	-12%	-3.2%	-2.7%	19400
270022	McDougall-Hunt
270023	Medical Center
270026	Michigan-Martin
270028	Midtown	-9.7%	29%	7.6%	129000
270029	Millenium Village
270031	Milwaukee Junction
270032	Minock Park	0%	16.5%	-19.5%	12000
270033	Mohican Regent
270034	Morningside	0%	-0.7%	-6.3%	14900
270039	NW Goldberg
270036	New Center
270037	North Rosedale Park	-10.9%	0%	0.3%	40000
270043	Oakwood Heights
270044	Old Redford
270047	Palmer Woods	0%	43.8%	31.4%	230000
274958	Park	0.5%	0.5%	0.5%	20000
270050	Petosky-Otsego	-9.1%	-56.5%	-41.2%	5000
270051	Poletown East
275108	Pulaski	-10%	-18.2%	-35.7%	4500
270052	Ravendale	-9.1%	-9.1%	-15.3%	5000
270053	Regent Park	0%	0%	-8.4%	12000
275194	Riverdale	25%	3.3%	-23.1%	10000
270055	Rivertown	0%	-36.8%	-36.8%	60000
270056	Rosedale Park	25.1%	25.1%	42.6%	49900
270057	Russell Woods	8.3%	8.3%	8.9%	19500
270058	Sherwood Forest
270064	Southwest Detroit	11.2%	18.7%	19.5%	17800
270065	Springwells	-0.9%	-32.1%	-22.3%	10800
270066	State Fair Grounds
270069	The Eye	0%	0%	-21.9%	10000
270070	University District	16.1%	-4%	-31.4%	72000
270071	Van Steuban	38.5%	12.5%	20%	9000
275889	Virginia Park
270073	Warrendale	1%	0%	11.1%	10000
270074	Wayne State
270075	Weatherby	0%	-16.5%	-36.7%	5000
270079	West Side Industrial	4.4%	-18.3%	-10.6%	93900
270080	West Village
270083	Westwood Park
270084	Woodbridge

Median list price ($)		Y-o-Y
Detroit	$11,900	-13.5%
Highland Park	$9,900	--
Hamtramck	$25,000	0.4%
Hazel Park	$24,000	-4%
Ferndale	$53,000	-9.5%
Pleasant Ridge	$139,900	-30%

Home Values

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Detroit Home Prices and Home Values

Zillow Home Value Index

Median list price ($)

Median sale price ($)

Median rent list price ($)

Total homes sold

Median value per sq. ft. ($)

Median list price per sq. ft. ($)

Median sale price per sq. ft. ($)

Median rent list price per sq. ft. ($)

Median sale-to-list price ratio

Listings with price cut (%)

Median price cut (%)

Sold for loss (%)

Sold for gain (%)

Homes foreclosed

Foreclosure re-sales (%)

Increasing values (%)

Decreasing values (%)

Sold in past year (%)

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Detroit Home Prices and Home Values

Zillow Home Value Index

Median list price ($)

Median sale price ($)

Median rent list price ($)

Total homes sold

Median value per sq. ft. ($)

Median list price per sq. ft. ($)

Median sale price per sq. ft. ($)

Median rent list price per sq. ft. ($)

Median sale-to-list price ratio

Listings with price cut (%)

Median price cut (%)

Sold for loss (%)

Sold for gain (%)

Homes foreclosed

Foreclosure re-sales (%)

Increasing values (%)

Decreasing values (%)

Sold in past year (%)

This data is not available for Detroit.

E-mail successfully sent!Submission failed!

Compare Cities Near Detroit

Compare Mortgage Rates

Compare mortgage rates

For Sale Detroit Homes

Related Links

Zillow Dueling Digs