Detroit-Warren-Dearborn Housing Market

$267,718

2.7% 1-yr

The average Detroit-Warren-Dearborn home value is $267,718, up 2.7% over the past year and goes to pending in around 9 days.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Detroit-Warren-Dearborn Key Takeaways

Typical Home Values: $267,718

1-year Value Change: +2.7%

(Data through July 31, 2025)

Detroit-Warren-Dearborn Housing Market Overview

0.6%1-year Market Forecast(July 31, 2025)

13,843For sale inventory(July 31, 2025)

5,922New listings(July 31, 2025)

1.000Median sale to list ratio(June 30, 2025)

$260,667Median sale price(June 30, 2025)

$264,900Median list price(July 31, 2025)

45.3%Percent of sales over list price(June 30, 2025)

39.7%Percent of sales under list price(June 30, 2025)

9Median days to pending(July 31, 2025)

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

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Detroit-Warren-Dearborn Rental Market Trends

$1,541Average rent in Detroit-Warren-Dearborn(July 31, 2025)

$2,072National average rent(July 31, 2025)

-0.1%Month-over-month change(July 31, 2025)

3.2%Year-over-year change(July 31, 2025)

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.