The Detroit, MI housing market currently shows a median sale price of $324,800 — up +0.6% year-over-year. Homes are selling in an average of 20 days, with 96 active listings available.
With 2.3 months of inventory, Detroit is currently a seller's market. Sellers hold the leverage — well-priced homes move fast and often attract multiple offers. Price per square foot sits at $162.
In the last 30 days, 38 homes have sold in this market. Real estate agents in Detroit use MarketPulse to send branded weekly market updates to past clients, helping them stay top-of-mind and earn repeat business.