House Prices & Home Values Detroit, MI 2026
Average Data
| average house price | $103,983 |
| average size per house | 1482 ft² |
| average price per ft² | 71 $ / ft² |
01/17/2026 -
The value range (VR) for house prices in Detroit, MI is $12/ sqft to $329/ sqft. An average home with 1482 sqft costs approximately $17,784 to $487,578. Detroit, MI includes 28 ZIP codes and it is located in Wayne county.
The lowest prices are found in ZIP 48213, while the highest are in ZIP 48201. The average price per sqare feet is $71. Our analysis is based on 343 property listings.
Avergage prices by ZIP codes Detroit
| 48201 | 348 $ / ft² | | 48202 | 72 $ / ft² | | 48204 | 17 $ / ft² | | 48205 | 32 $ / ft² | | 48206 | 18 $ / ft² | | 48207 | 214 $ / ft² | | 48208 | 89 $ / ft² | | 48209 | 67 $ / ft² | | 48210 | 13 $ / ft² | | 48211 | 62 $ / ft² | | 48213 | 11 $ / ft² | | 48214 | 96 $ / ft² | | 48215 | 41 $ / ft² | | 48216 | 208 $ / ft² | | 48217 | 90 $ / ft² | | 48219 | 69 $ / ft² | | 48221 | 81 $ / ft² | | 48223 | 52 $ / ft² | | 48224 | 55 $ / ft² | | 48226 | 341 $ / ft² | | 48227 | 35 $ / ft² | | 48228 | 50 $ / ft² | | 48233 | 187 $ / ft² | | 48234 | 30 $ / ft² | | 48235 | 66 $ / ft² | | 48238 | 17 $ / ft² | | 48242 | 99 $ / ft² | | 48243 | 87 $ / ft² |
House prices by neighborhoods in Detroit
Historical development of home values in Detroit
| Year |
Estimated value (USD) |
Change vs. 2025 |
| 2010 |
$48,292 |
-53.6% |
| 2011 |
$46,424 |
-55.4% |
| 2012 |
$46,299 |
-55.5% |
| 2013 |
$48,030 |
-53.8% |
| 2014 |
$50,418 |
-51.5% |
| 2015 |
$53,006 |
-49.0% |
| 2016 |
$55,772 |
-46.4% |
| 2017 |
$58,782 |
-43.5% |
| 2018 |
$62,032 |
-40.3% |
| 2019 |
$64,908 |
-37.6% |
| 2020 |
$68,264 |
-34.4% |
| 2021 |
$77,642 |
-25.3% |
| 2022 |
$90,514 |
-13.0% |
| 2023 |
$95,451 |
-8.2% |
| 2024 |
$100,973 |
-2.9% |
| 2025 |
$103,983 |
0.0% |
Graph: estimated home values in Detroit over time (USD)
Example: 100% financing house in Detroit
Loan amount:
$103,983
Interest rate:
6.00%
Fixed monthly payment:
$623.43
Breakdown in the 1st month:
Interest portion:
$519.92 –
Principal portion:
$103.52
Yearly breakdown (100% financing)
| Year |
Interest per year ($) |
Principal per year ($) |
Remaining balance at year-end ($) |
| 1 |
$6,204.24 |
$1,276.92 |
$102,706.08 |
| 2 |
$6,125.49 |
$1,355.68 |
$101,350.40 |
| 3 |
$6,041.87 |
$1,439.30 |
$99,911.10 |
| 4 |
$5,953.10 |
$1,528.07 |
$98,383.03 |
| 5 |
$5,858.85 |
$1,622.32 |
$96,760.71 |
| 6 |
$5,758.79 |
$1,722.38 |
$95,038.33 |
| 7 |
$5,652.56 |
$1,828.61 |
$93,209.72 |
| 8 |
$5,539.77 |
$1,941.40 |
$91,268.33 |
| 9 |
$5,420.03 |
$2,061.14 |
$89,207.19 |
| 10 |
$5,292.90 |
$2,188.26 |
$87,018.93 |
| 11 |
$5,157.94 |
$2,323.23 |
$84,695.70 |
| 12 |
$5,014.65 |
$2,466.52 |
$82,229.18 |
| 13 |
$4,862.52 |
$2,618.65 |
$79,610.52 |
| 14 |
$4,701.00 |
$2,780.16 |
$76,830.36 |
| 15 |
$4,529.53 |
$2,951.64 |
$73,878.72 |
| 16 |
$4,347.48 |
$3,133.69 |
$70,745.03 |
| 17 |
$4,154.20 |
$3,326.97 |
$67,418.06 |
| 18 |
$3,949.00 |
$3,532.17 |
$63,885.89 |
| 19 |
$3,731.14 |
$3,750.03 |
$60,135.87 |
| 20 |
$3,499.85 |
$3,981.32 |
$56,154.55 |
| 21 |
$3,254.29 |
$4,226.88 |
$51,927.67 |
| 22 |
$2,993.59 |
$4,487.58 |
$47,440.09 |
| 23 |
$2,716.80 |
$4,764.37 |
$42,675.72 |
| 24 |
$2,422.95 |
$5,058.22 |
$37,617.50 |
| 25 |
$2,110.97 |
$5,370.20 |
$32,247.30 |
| 26 |
$1,779.74 |
$5,701.42 |
$26,545.87 |
| 27 |
$1,428.09 |
$6,053.08 |
$20,492.80 |
| 28 |
$1,054.75 |
$6,426.42 |
$14,066.38 |
| 29 |
$658.38 |
$6,822.78 |
$7,243.60 |
| 30 |
$237.57 |
$7,243.60 |
$0.00 |
Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment
over the entire term. Extra payments, interest rate changes, and additional purchase costs
(e.g. taxes, notary fees) are not included.
How to sell in Detroit, MI
| 1500 sqft | 3900 sqft |
| Ø selling price | $128,866 | $274,131 | | Ø fast selling | $117,151 | $246,718 | | Ø high price sale | $140,580 | $301,545 |
In 2026, houses in Detroit, MI will be offered at an average price of $71 per square foot. A 1,500 sqft home priced at $128,866 is 24.29% more expensive per square foot than a 3,900 sqft home priced at $274,131.
Home prices in Detroit, MI vary significantly depending on the neighborhood and location.
For a quick sale, a 2,700 sqft home should be listed at around $189,784.
Sellers who can wait longer may achieve a higher price of up to $231,958.
Detroit, MI Travel and Living Guide
Overview
Detroit, Michigan, known as the Motor City, blends industrial heritage with a dynamic creative renaissance.
From the revitalized Downtown and Riverfront to buzzing corridors in Midtown and Corktown, the city offers authentic urban energy on the Great Lakes.
History and Culture
Iconic attractions like the Detroit Institute of Arts, the Motown Museum, and The Henry Ford in nearby Dearborn spotlight world-class art, music, and innovation.
Annual events, from the Detroit Auto Show (NAIAS) to techno festivals rooted in the city?s pioneering sound, keep calendars packed year-round.
Neighborhoods and Things to Do
Food lovers explore Eastern Market?s vendors, award-winning restaurants, and classic Coney dog spots that define Detroit?s flavor.
Sports fans cheer the Lions, Tigers, Red Wings, and Pistons, all playing in venues clustered near downtown for easy game-day fun.
Outdoor time is easy with the Dequindre Cut Greenway, Belle Isle Park, and riverfront trails offering skyline views and biking paths.
Economy, Real Estate, and Transportation
A diversifying economy spans autos, mobility tech, fintech, and startups, supported by research universities and a collaborative maker culture.
Housing remains comparatively affordable, with historic homes, loft conversions, and new developments attracting residents seeking value and character.
Getting around is straightforward via major highways, the QLINE streetcar, bike lanes, and proximity to DTW Airport and the border crossing to Windsor, Canada.
FAQ – Home Values in Detroit
What is the median home value in Detroit in 2026?
In 2026, the typical home value in
Detroit is about
$103,983 for an average home size of
1482 square feet. This corresponds to an average
price of roughly $71 per square foot.
What is the average cost per square foot in Detroit?
In 2026, homes in
Detroit sell for an average of around
$71 per square foot, with a typical range
between $12 and
$329 per square foot, depending on the property’s
location, condition, and lot size.
What is the average home size in ?
The average home size in Detroit is about
1482 square feet, with an estimated
2026 value around
$103,983.
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