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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 days listed on Zillow
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Median days listed on Zillow

Mid-point of number of days homes in Detroit have been listed as active on Zillow.
Homes for sale on Zillow
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Homes for sale on Zillow

Total number of homes listed on Zillow that are for sale in Detroit.
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 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).
Median list-to-sale price ratio
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Median list-to-sale price ratio

Mid-point of the ratio between the list price and the sold price for all homes in Detroit (e.g. if a home with a list price of $250k sells for $200k, 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 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 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.

$17,000
14.1% Y-o-Y

Calculated 11/02/2009^*
^*Includes data and transactions through 10/31/2009

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                <a href="_URL_" style="color:#36B;font-size:11px;line-height:13px;font-family:helvetica,arial,sans-serif;">More Detroit Home Values</a>
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RegionId	Region	M-o-M	Q-o-Q	Y-o-Y	Oct 2009
17762	Detroit	0.1%	-14.6%	14.1%	17000
269948	Alden Park
269950	Art Center
272832	Aviation Sub.	8.3%	-7.2%	8.3%	64900
272839	Bagley	20.0%	20.0%	15.4%	30000
269952	Barton-McFarland	-9.4%	-18.2%	26.2%	13500
276209	Belmont	0.0%	5.9%	239%	33900
269954	Berg-Lasher	-10%	-16.7%	-42.5%	22400
269956	Blackstone Park	24.5%	-40.7%	24.5%	24900
269958	Boynton	0%	-27.3%	51.9%	12000
269960	Briggs		0%		80000
269961	Brightmoor	-7.2%	-7.2%	16.3%	9200
276225	Brush Park	0%	-5%		189900
269964	Carbon Works
269965	Castle Rouge	20%	-58.6%	45.5%	24000
273209	Chaldean Town	-20.3%	12.2%	189%	5500
269966	Chandler Park	-50%	-32.1%	17.3%	6400
269969	Conant Gardens
273341	Conner Creek Ind
269971	Core City
269972	Corktown
269975	Detroit Golf	66.5%	11.9%	75.1%	139900
269977	Downtown	10%	-5.2%		274900
269978	East English Village	0%	-8%	18.4%	45000
269985	Eight Mile Wyoming	66.7%	-44.2%	0.7%	15000
269986	Eliza Howell	-0%	-48.4%	-71.3%	12900
269987	Elmwood Park	8.3%	-1.5%	6.5%	63900
269988	English Village
269989	Fishkorn	0%	1%	0%	10000
269990	Fitzgerald	1%	1%	1%	10000
276333	Five Points	0%	-7%	-19.7%	20000
269991	Forest Park
269992	Franklin Park	-9.1%	4.2%	51.5%	15000
269996	Gold Coast	0%	1.1%	-52.5%	47500
269997	Grandale	-5.9%	1.3%	15.9%	8000
343358	Grandmont No.1	-28.6%	-49%	-34.2%	25000
269999	Grandmont-Rosedale	-11.1%	1.2%	65.3%	32900
270000	Green Acres	0%	-22.3%	66.4%	69900
270001	Greensbriar	-4%	-5%	31.9%	9500
270002	Grixdale	-20%	-20%		8000
270005	Herman Gardens
270007	Hubbard-Richard	-26.7%	-8.3%	-54.6%	54900
270008	Indian Village	21.3%	-5.9%	54%	160000
274112	Islandview	-3%	-9.1%	-41.9%	29000
270009	Jefferies
270010	Jefferson Chalmers	0%	-3.9%	219%	39900
270012	Joseph Barry Subdivision	11.4%	30%		39000
270014	Kranz Woods	5%	-36.4%	-33%	6300
270016	LaSalle College Park	-5.1%	-5.1%	0%	7500
270017	LaSalle Gardens	7.1%	0%	689%	75000
270015	Lafayette Park	-73.1%	-73.1%	-77.4%	26900
270020	Marina District
270021	Martin Park	-14.1%	-44.7%	25.1%	24900
270022	McDougall-Hunt
270026	Michigan-Martin
270028	Midtown	-7.7%	4.7%	-8.2%	156900
270029	Millenium Village
270031	Milwaukee Junction
270032	Minock Park
270033	Mohican Regent	-36.5%	-36.5%	-36.7%	19000
270034	Morningside	2.6%	-20%	0.5%	20000
270039	NW Goldberg
270036	New Center	-17.7%	10.2%		65000
270037	North Rosedale Park	10.1%	-7.5%	15.4%	69300
270043	Oakwood Heights
270044	Old Redford
270047	Palmer Woods	-8%	-14%	-17.8%	230000
274958	Park	-4.4%	7.8%	-4.4%	43000
270050	Petosky-Otsego	0%	-33.3%	69.5%	10000
270051	Poletown East
275108	Pulaski	-5.1%	0%	-6.2%	7500
270052	Ravendale	1.7%	2.5%	-4.8%	4000
270053	Regent Park	-13.5%	-30.9%	-20.4%	19900
275194	Riverdale	-11.1%	-40%	-7.7%	12000
270055	Rivertown	-10.1%	-35.3%	-41%	89900
270056	Rosedale Park	-9.1%	-21.3%	31.4%	59000
270057	Russell Woods	0%	-13.5%	49.4%	30000
270058	Sherwood Forest	4.2%	-10.7%	-10.1%	124900
270064	Southwest Detroit	-14%	-45.4%	-38.8%	30000
270065	Springwells	-28.3%	-33.3%	-44.4%	20000
270066	State Fair Grounds
270069	The Eye	28.7%	42.5%	0%	39900
270070	University District	22.2%	10.5%	32.4%	109900
270071	Van Steuban	-5.8%	-1.5%	-12.5%	6500
275889	Virginia Park
270073	Warrendale	0.8%	-12.8%	-6.5%	13000
270074	Wayne State
270075	Weatherby	0%	73.1%	13.9%	9000
270079	West Side Industrial	-0.6%	-11.8%	-3.8%	149000
270080	West Village
270083	Westwood Park	12.4%	53.8%	1%	10000
270084	Woodbridge	0%	-36.9%		47300

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Median list price ($)		Y-o-Y
Detroit	$17,000	14.1%
Highland Park	$9,900	67.8%
Hamtramck	$44,100	0.3%
Hazel Park	$40,000	-19.8%
Ferndale	$89,900	-18.3%
Royal Oak Township	$40,000	100%

Average Rates	Today	Last Week
30 Year Fixed	4.63%	4.66%
15 Year Fixed	4.25%	4.22%

30 year fixed	4.50%	3 min ago
30 year fixed (FHA ...	4.75%	7 min ago
30 year fixed (FHA ...	4.88%	7 min ago
30 year fixed (FHA ...	4.88%	7 min ago
30 year fixed, ...	4.88%	7 min ago
30 year fixed, ...	4.88%	7 min ago
30 year fixed	5.25%	7 min ago
30 year fixed (VA)	5.00%	8 min ago
15 year fixed	4.88%	8 min ago
15 year fixed	5.00%	8 min ago
15 year fixed	5.12%	8 min ago
15 year fixed	5.25%	8 min ago
30 year fixed	5.25%	8 min ago
30 year fixed	5.38%	8 min ago
30 year fixed	5.40%	8 min ago
30 year fixed	5.50%	8 min ago
30 year fixed	5.62%	8 min ago
30 year fixed	4.75%	10 min ago
10 year fixed (FHA ...	4.50%	12 min ago
30 year fixed (FHA ...	5.25%	12 min ago
30 year fixed, ...	4.75%	12 min ago
30 year fixed, ...	4.88%	12 min ago
30 year fixed (FHA ...	4.75%	12 min ago
30 year fixed, ...	4.88%	12 min ago
30 year fixed	4.75%	13 min ago
30 year fixed	4.62%	13 min ago
30 year fixed	4.75%	13 min ago
30 year fixed	4.88%	13 min ago
30 year fixed	4.25%	14 min ago
30 year fixed	4.38%	14 min ago
30 year fixed	4.50%	14 min ago
30 year fixed	4.50%	14 min ago
30 year fixed	4.75%	14 min ago
30 year fixed	4.25%	14 min ago
30 year fixed	4.38%	14 min ago
30 year fixed	4.50%	14 min ago
30 year fixed	4.38%	14 min ago
30 year fixed	4.50%	14 min ago
30 year fixed	4.62%	14 min ago
15 year fixed	4.12%	14 min ago
30 year fixed	4.88%	14 min ago
30 year fixed	4.75%	14 min ago
30 year fixed	4.62%	14 min ago
30 year fixed	4.88%	14 min ago
30 year fixed	4.75%	14 min ago
15 year fixed	4.12%	14 min ago
30 year fixed	4.75%	14 min ago
30 year fixed	4.62%	15 min ago
30 year fixed	4.75%	15 min ago

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Detroit Home Prices and Home Values

Zillow Home Value Index

Median list price ($)

Median sale price ($)

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Total homes sold

Median value per sq. ft. ($)

Median list price per sq. ft. ($)

Median sale price per sq. ft. ($)

Median list-to-sale 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 ($)

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Homes for sale on Zillow

Total homes sold

Median value per sq. ft. ($)

Median list price per sq. ft. ($)

Median sale price per sq. ft. ($)

Median list-to-sale 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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