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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 ($)
    Mid-point of the price homes have sold for in Detroit. Half the homes sold above this number and half sold below.
  • Median value per sq. ft. ($)

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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 $200 value/sq foot).
  • Median sale price per sq. ft. ($)

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    Median sale price per sq. ft. ($)
    Mid-point of Detroits sold prices when divided by the square footage of a home (e.g. a 1,000 sq ft home that sold for $200k has a sold price/sq ft of $200).
  • 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 percentage of all homes in Detroit that were foreclosed in a given month. A foreclosure is when a homeowner loses their home to their lending institution of 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).
  • Median down payment ($)

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    Median down payment ($)
    Mid-point amount of down payments made on homes in Detroit.
  • Median down payment (%)

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    Median down payment (%)
    Mid-point of the percentage of home value made in a down payment (e.g. a down payment of $20k on a $100k home is a down payment of 20%). The percentage takes into account all down payments made in Detroit.
  • 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.
  • Property tax ($)

  • $48,800
  • -40.8% Y-o-Y
  • Calculated 07/01/2009*
  • *Includes data and transactions through 04/30/2009
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This data is not available for Detroit.

RegionId
Region
M-o-M
Q-o-Q
Y-o-Y
Current
17762
-1.9%
-8.8%
-40.8%
48800
269948
-5.8%
-19.6%
-54.4%
37900
269950
-7.3%
-23.0%
-62.4%
65400
272832
-1.8%
-8.3%
-39.1%
64000
272839
-1.1%
-6.8%
-35.4%
77600
269952
-1.9%
-8.4%
-35.7%
48200
276209
-0.6%
-5.1%
-29.8%
63900
269954
-1.1%
-6.3%
-33.8%
67100
269956
-2.2%
-8.5%
-33.6%
64800
269958
-2.0%
-10.5%
-40.3%
43100
269960
-8.8%
-25.7%
-69.0%
50600
269961
-2.0%
-9.8%
-35.4%
41800
276225
269964
-3.2%
-13.9%
-66.7%
29100
269965
-2.1%
-9.2%
-33.7%
59700
273209
-5.0%
-14.3%
-48.5%
45600
269966
-0.7%
-6.6%
-38.6%
48600
269969
-2.9%
-11.8%
-40.8%
41900
273341
-3.9%
-15.8%
-69.2%
39000
269971
-5.1%
-20.1%
-69.2%
37400
269972
-7.6%
-21.6%
-54.8%
57700
269975
0.9%
-3.4%
-37.7%
135400
269977
-3.5%
-14.1%
-59.8%
82000
269978
-2.2%
-8.4%
-39.2%
65500
269985
-0.4%
-3.3%
-24.8%
53300
269986
-1.5%
-8.2%
-36.5%
64600
269987
-3.4%
-11.0%
-29.0%
86700
269988
-5.9%
-19.9%
-70.7%
39600
269989
-2.2%
-9.9%
-35.7%
45800
269990
-0.9%
-6.1%
-37.3%
48200
276333
1.2%
0.4%
-25.4%
57900
269991
-5.3%
-16.9%
-34.1%
77500
269992
-2.4%
-9.5%
-35.2%
50700
269996
269997
-1.9%
-9.0%
-35.5%
45100
343358
-3.1%
-11.6%
-40.1%
74400
269999
-1.3%
-6.6%
-34.6%
66400
270000
-1.8%
-9.2%
-39.6%
75500
270001
-0.1%
-3.5%
-31.3%
48900
270002
-2.1%
-9.0%
-37.5%
42100
270007
-4.8%
-17.1%
-59.5%
46200
270008
-3.9%
-17.4%
-60.1%
78500
274112
-4.7%
-15.4%
-60.9%
46100
270009
270010
-2.2%
-8.8%
-47.3%
57300
270012
111000
270014
-2.8%
-11.7%
-42.3%
40300
270016
-1.7%
-8.8%
-39.8%
47300
270017
-4.7%
-15.1%
-51.8%
47000
270015
270020
-3.4%
-11.6%
-51.2%
78200
270021
-1.7%
-8.7%
-37.5%
58700
270022
-4.5%
-15.4%
-64.0%
48700
270026
0.0%
-6.2%
-47.9%
40200
270028
-4.2%
-13.3%
-50.9%
87400
270029
-8.6%
-24.9%
-67.1%
36300
270031
-7.3%
-22.5%
-62.3%
36200
270032
-2.5%
-9.2%
-37.9%
61100
270033
-0.2%
-3.6%
-34.1%
57900
270034
-2.3%
-9.4%
-36.4%
69200
270039
-4.0%
-15.9%
-65.2%
35600
270036
-2.4%
-12.9%
-42.8%
75400
270037
-2.8%
-11.8%
-42.4%
82000
270043
-4.7%
-16.5%
-57.8%
31400
270044
-1.2%
-7.4%
-36.6%
59700
270047
-1.9%
-11.5%
-53.6%
192600
274958
-2.0%
-9.9%
-36.9%
63400
270050
-3.2%
-11.3%
-46.9%
39900
270051
-6.3%
-19.7%
-68.2%
33700
275108
-1.5%
-8.3%
-37.9%
46900
270052
-2.2%
-10.3%
-41.0%
44500
270053
-0.7%
-5.2%
-36.0%
58100
275194
-1.3%
-6.7%
-34.2%
51400
270055
-5.1%
-15.0%
-51.1%
78700
270056
-2.7%
-10.7%
-40.4%
80500
270057
-2.1%
-9.4%
-38.7%
58200
270058
-1.4%
-10.2%
-47.7%
138000
270064
-1.6%
-8.4%
-50.0%
39200
270065
-4.1%
-14.4%
-49.9%
36000
270066
-5.1%
-17.7%
-51.1%
70800
270069
-0.1%
-3.1%
-29.7%
54300
270070
2.7%
1.9%
-40.0%
123600
270071
-1.6%
-8.3%
-38.7%
48500
275889
-5.4%
-16.6%
-50.7%
44600
270073
-1.0%
-6.2%
-32.4%
57700
270074
-10.1%
-27.2%
-62.1%
50800
270075
-2.2%
-8.4%
-32.8%
46300
270079
0.7%
-3.8%
-43.2%
90300
270080
-5.2%
-15.7%
-55.3%
48000
270083
-2.9%
-10.2%
-32.4%
43200
270084
-6.8%
-19.1%
-54.4%
57100

 
Zillow Home Value Index Y-o-Y
Detroit $48,800 -40.8%
Hamtramck $56,500 -28.3%
Hazel Park $65,500 -29.2%
Ferndale $87,900 -23.9%
Royal Oak Township $66,000 -25.8%
Pleasant Ridge $167,600 -20.8%

Zillow© Mortgage Marketplace

Average Rates Today Last Week
30 Year Fixed 5.32% 5.36%
15 Year Fixed 4.67% 4.77%
Live Quotes
Rate
15 year fixed 4.88% 0 min ago
20 year fixed 5.25% 0 min ago
30 year fixed 4.75% 1 min ago
30 year fixed 5.25% 1 min ago
5/1 ARM 4.25% 2 min ago
15 year fixed 4.38% 2 min ago
30 year fixed 5.25% 2 min ago
30 year fixed 5.00% 2 min ago
30 year fixed 4.88% 2 min ago
30 year fixed 5.00% 2 min ago
30 year fixed 5.75% 2 min ago
20 year fixed 5.00% 2 min ago
30 year fixed 5.00% 2 min ago
30 year fixed 5.12% 3 min ago
30 year fixed 5.00% 3 min ago
30 year fixed (FHA ... 5.00% 3 min ago
30 year fixed 5.12% 3 min ago
30 year fixed (FHA ... 5.00% 4 min ago
30 year fixed 5.00% 4 min ago
30 year fixed 5.12% 4 min ago
30 year fixed (FHA ... 5.25% 4 min ago
30 year fixed 6.38% 4 min ago
30 year fixed 5.00% 4 min ago
30 year fixed (FHA ... 4.88% 5 min ago
30 year fixed (FHA ... 5.00% 5 min ago
30 year fixed 4.88% 5 min ago
30 year fixed 5.12% 5 min ago
5/1 ARM 4.12% 5 min ago
5/1 ARM 4.38% 5 min ago
15 year fixed 4.38% 5 min ago
30 year fixed 5.25% 5 min ago
15 year fixed 4.50% 5 min ago
30 year fixed 5.25% 5 min ago
30 year fixed 4.88% 5 min ago
30 year fixed 5.12% 5 min ago
30 year fixed 5.12% 5 min ago
30 year fixed 5.75% 5 min ago
30 year fixed 5.62% 5 min ago
30 year fixed 5.50% 5 min ago
30 year fixed 5.38% 5 min ago
30 year fixed 5.25% 5 min ago
30 year fixed 5.75% 5 min ago
30 year fixed 5.38% 5 min ago
30 year fixed 5.75% 5 min ago
30 year fixed 5.38% 5 min ago
30 year fixed 6.25% 5 min ago
30 year fixed 4.88% 5 min ago
5/1 ARM (FHA) 4.62% 5 min ago
15 year fixed 4.62% 5 min ago
Detroit City Map
Related Links
Zillow Home Values

Zillow calculates home values, average listing prices, sold prices, time on market, price reductions, foreclosure statistics, down payment amounts and many more metrics for Detroit. Get started by finding home values in all Detroit ZIP codes.

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