Detroit, MI Market Report

April 2026 Market Summary

The Detroit real estate market in Michigan currently has 979 active listings with a median asking price of $115,000. Prices range from $6,000 to $1,599,000, with an average of $156,835. Buyers can expect to pay around $112 per square foot.

Single Family homes dominate the market at 76% of inventory, followed by Multi-Family at 13%. The typical listing offers 4 bedrooms and 2 bathrooms in 1,502 square feet. Homes spend an average of 13 days on market before going under contract.

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