4,380

Luxury Homes for Sale in Detroit, MI

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  • /5

    $8,000,000

    • Land
    • 20 Acres
    • $400,000 per Acre

    14441 3rd Ave, Detroit, MI 48203

    14441 3rd St., Highland Park offers approximately 20 acres of industrial land, ideal for a range of industrial or commercial uses. The property is ideally located with easy access to all major freeways, providing excellent connectivity for transportation, logistics, or distribution needs. The site’s substantial size makes it suitable for various development opportunities, from manufacturing

    Vincent Mazzola O'Connor Realty Detroit, LLC

    14441 3rd Ave, Detroit, MI 48203
  • /26

    $7,500,000

    • 46 Baths
    • 33,275 Sq Ft

    30 E Philadelphia St, Detroit, MI 48202

    The Atrium Apartments presents a rare opportunity to acquire a fully renovated 44-unit multifamily asset in one of Detroit’s most dynamic and rapidly developing corridors. Located just off Woodward Avenue in the heart of the North End this grand four-story building blends historic character with modern upgrades and is positioned for strong long-term appreciation. The property features 44

    Fahad Sultan Motown Property Management Inc

    30 E Philadelphia St, Detroit, MI 48202
  • /93

    $7,000,000

    • 15 Beds
    • 15 Baths
    • 18,500 Sq Ft

    1771 Balmoral Dr, Detroit, MI 48203

    A masterpiece of unparalleled luxury and historic grandeur, the Fisher Mansion stands as Detroit’s most iconic estate, nestled within the exclusive Palmer Woods community. Spanning over 20,000 sq. ft. on nearly 5 acres of lush, meticulously manicured grounds, this architectural jewel has been masterfully restored to its original splendor, blending timeless craftsmanship with modern

    Alexander Chapman @properties Christie's Int'l R.E. Birmingham

    1771 Balmoral Dr, Detroit, MI 48203
  • /66

    $6,750,000

    • 131 Beds
    • 138 Baths
    • 67,608 Sq Ft

    23740 Fenkell St, Detroit, MI 48223

    Pilot Program accepted through the City of Detroit!! Well-maintained 138-unit brick apartment community located in a highly desirable area of Detroit, just off Telegraph Road on Fenkell Road. This stabilized asset consists of three buildings and is currently 98% occupied, offering strong in-place cash flow. The property operates at an attractive 10% cap rate with additional upside through modest

    Justin Zehel Keller Williams Paint Creek

    23740 Fenkell St, Detroit, MI 48223
  • /31

    $5,650,000

    • 77,283 Sq Ft

    8655 E Eight Mile Rd, Warren, MI 48089

    Strategically located on the border of Macomb and Wayne Counties as well as 8 Mile Road which is a main artery offering great traffic counts.The property is three acres and a single building of 77,697 sf which consists of a 16,056 sf showroom (15ft ceiling), a 27,253 sf warehouse (24ft & 27ft ceilings) along with substantial ground floor/mezzanine office space.Floor plans are

    Ted Reithel RE/MAX First

    8655 E Eight Mile Rd, Warren, MI 48089
  • /4

    $4,800,000

    • 88 Beds
    • 64 Baths
    • 50,478 Sq Ft

    21400 W Seven Mile Rd, Detroit, MI 48219

    64-unit brick apartment complex in 8 buildings that are connected situated on 2.28 acre site with nice curb appeal and location is 75% occupied. 24 two bedroom units and 40 one bedroom units. New electrical & plumbing have been completed to buildings of the 16 vacant units that need to be rehabbed. All other units have been remodeled! All units have individual furnaces which is paid for by

    Justin Zehel Keller Williams Paint Creek

    21400 W Seven Mile Rd, Detroit, MI 48219
  • /11

    $4,375,000

    • 87,552 Sq Ft

    1925 Clay St, Detroit, MI 48211

    1925 Clay Street offers an approximately 87,552-square-foot industrial building on 1.82 acres in Detroit’s Russell Industrial corridor. With M4 zoning, 30' clear height, 3 grade-level doors, and strong access to I-75 and I-94, the property is well suited for manufacturing, warehousing, distribution, or logistics users. Available individually or as part of a larger portfolio assemblage, the site

    Alan Davidov TAP CRE

    1925 Clay St, Detroit, MI 48211
  • /74

    $4,250,000

    • 30,000 Sq Ft

    11745 Woodward Ave, Highland Park, MI 48203

    A rare investment opportunity offering scale, character, and unmatched redevelopment potential in a high-exposure location. Comprehensively renovated by the current owner, this 5-story industrial building underwent a muti-million dollar overhaul. 6,000 SQFT operational main level mixed-use venue w/ fully built-out 45’ custom bar, 15’ ceilings, TOAST system, commercial Earthstone brick oven &

    Nicollett Warczak Clyde Realty LLC

    11745 Woodward Ave, Highland Park, MI 48203
  • /99

    $4,000,000

    • 60 Baths
    • 84,557 Sq Ft

    15860 Joy Rd, Detroit, MI 48228

    REDUCED! 100% OCCUPANCY! WELCOME TO GREENFIELD VILLAS!LOCATED 6 MINUTES FROM THE HISTORIC CITY OF DEARBORN YOU WILL FINDTHIS 60 UNIT ALL SECTION 8 COMPOUND NESTLED ON A 2 ACRE LOT IN THE QUIET OAKMAN BOULEVARD NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL IS RECENTLY REMODELED AND BOASTS 36 TWO BEDROOM 24 ONE BEDROOM APARTMENTS. SHE HAS BEEN CAREFULLY UPGRADED STARTING FROM THE 400 SQUARE

    Lauryn Johnson KW Domain

    15860 Joy Rd, Detroit, MI 48228
  • /10

    $3,500,000

    • 7,600 Sq Ft

    2489 Russell St, Detroit, MI 48207

    Fabulous Eastern Market location with both Russell Street and Winder frontage, plus alley access. Well known Eastern Market mainstay with 7,600 sf first floor retail space, office area, storage/warehouse room, employee break room, restrooms, employee locker room and small roasting room. Additional 5,200 sf in the lower level contains open storage space. Building was constructed in 1981 after fire

    Joanna Darmanin KW Metro

    2489 Russell St, Detroit, MI 48207
  • /6

    $3,000,000

    • 5,300 Sq Ft

    10624 E Jefferson Ave, Detroit, MI 48214

    Come see this beautiful 1900s church in the heart of the city. Property can be used for a house of worship, weddings, parties and so much more. Property features high vaulted ceilings, amazing leaded glass windows and rustic walls. New flooring throughout. Many updates show the effort the owner has done to bring this property back to life. Lower level is amazing with 10 foot ceilings with lots of

    Craig Minoletti Signature Sotheby's International Realty Bham

    10624 E Jefferson Ave, Detroit, MI 48214
  • /11

    $2,800,000

    • 44 Beds
    • 44 Baths
    • 28,406 Sq Ft

    8207 Schaefer Hwy, Detroit, MI 48228

    Renovated 40-unit brick apartment complex (four 2-story connected buildings with 10 units in each building). There are 36 1-bed 1-bath and 4 2-bed 1-bath situated on a 27,007 sf site. Current occupancy 80%. Nice curb appeal high demand building near Dearborn. Two Boilers and roof updated, environmental clear, rear parking lot for tenants, security system. Property manager in place keep or

    Justin Zehel Keller Williams Paint Creek

    8207 Schaefer Hwy, Detroit, MI 48228
  • /38

    $2,650,000

    • 34 Beds
    • 40 Baths
    • 19,557 Sq Ft

    18250 Weaver St, Detroit, MI 48228

    EXCEPTIONAL INVESTMENT Turnkey 40-Unit Multifamily ...FULLY OCCUPIED Opportunity | TOP Cap Rate Potential | Prime Detroit LocationFully remodeled 40-unit multifamily asset ideally located in the heart of Detroit, just minutes from major shopping districts and directly adjacent to the highly sought-after Dearborn Heights community. This property has undergone a full transformation—modernized

    Lila Mircholi Golden Key Realty Group LLC

    18250 Weaver St, Detroit, MI 48228
  • /6

    $2,500,000

    • 2,628 Sq Ft

    19463 Troy Place, Highland Park, MI 48203

    LOCATED NEXT TO PERFECTING CHURCH CATHEDRAL, A PLACE OF WORSHIP FOR SALE INCLUDE BUILDING AND 5 BUILDABLE ADDITIONAL LOTs ALL CONNECTED TO EACH OTHER OR FOR WHATEVER YOUR NEEDS ARE TEAR DOWN AND BUILD NEW HOMES ETC. LOTS CONSIST OF 19461, 19451, 19445, 19435, 19427 TROY PL. BUYER RESPONSIBLE FOR SURVEY. THIS IS A AS IS SALE ONLY. DRIVE BY ONLY. ADDITIONAL BUILDABLE 3 LOTS DIRECTLY ACROSS THE

    Al Griffin 20th Century Real Estate

    19463 Troy Place, Highland Park, MI 48203
  • /50

    $2,499,900

    • 12,500 Sq Ft

    20500 Mound Rd, Detroit, MI 48234

    Prestige Auto Parts presents a rare opportunity to acquire a long-term, established automotive dismantling and parts business, including the real estate, business, and all inventory, which is valued at $950,000 and included in the sale. This turnkey operation offers everything needed for immediate continued success, making it ideal for an owner-operator or investor looking to step into a proven

    Nathaniel Korkis Summit Union Real Estate

    20500 Mound Rd, Detroit, MI 48234
  • /13

    $2,325,000

    • 3 Beds
    • 3 Baths
    • 3,258 Sq Ft

    2827 John R St Unit 8, Detroit, MI 48201

    Positioned at the corner of Alfred and John R, in Detroit’s historic Brush Park neighborhood, CODA is an innovative, newly constructed development, featuring ten boutique residential condominiums, a two-level restaurant, and a dedicated commercial office space and parking structure.Designed by OOMBRA Architects, from Philadelphia, CODA’s contemporary design is intended to become the new

    Todd Sykes Berkshire Hathaway HomeServices The Loft Warehouse

    2827 John R St Unit 8, Detroit, MI 48201
  • /2

    $2,200,000

    • Land
    • 9.59 Acres
    • $229,406 per Acre

    7170 E McNichols Rd, Detroit, MI 48212

    Entire site is 9.59 acres. 8.19 acres of the main site is zoned M4. An additional 1.4 acres to square off Helen Street. Currently there is a building on site. CLB for details. IDRBNG

    Fred Andary F L Andary Realty Company Inc

    7170 E McNichols Rd, Detroit, MI 48212
  • /36

    $2,175,000

    • 4 Beds
    • 4.5 Baths
    • 4,860 Sq Ft

    2987 Franklin St Unit PENTHOUSE, Detroit, MI 48207

    Spanning nearly 5,000 square feet across multiple levels, this extraordinary Rivertown penthouse is a true collector’s property—where architecture, craftsmanship, and panoramic views of both Detroit and Canada converge. Designed for both intimate living and large-scale entertaining, the residence opens to an expansive 1,750-square-foot private outdoor terrace—an exceptional extension of the

    Randall Fogelman O'Connor Realty Detroit, LLC

    2987 Franklin St Unit PENTHOUSE, Detroit, MI 48207
  • /28

    $2,100,000

    • 5,000 Sq Ft

    16810 Joy Rd, Detroit, MI 48228

    Turnkey Liquor Store + Hot Food Concept – Brand New Construction! Exceptional opportunity to own a fully rebuilt, 5,000 sq ft liquor store with a modern hot food operation in a high-traffic location. This property was completely reconstructed and reopened in October 2025, featuring all brand-new equipment, infrastructure, and a state-of-the-art setup throughout. The store is already producing

    Bashar Jani Community Choice Realty Inc

    16810 Joy Rd, Detroit, MI 48228
  • /16

    $2,000,000

    • 4,800 Sq Ft

    303 S Dix St, Detroit, MI 48217

    Don’t miss this scarce opportunity in Detroit's M-5 Special Use Intensive Industrial District, perfectly located near I-75, Dix, and the Marathon Refinery, with new developments transforming the area. Join the likes of established industry leaders such as Marathon, Speedway, Ford, Sunoco, and more in this highly sought-after industrial hub. This listing includes 8 parcels of land, totaling

    Simon Saleh Simon & Associates Real Estate

    303 S Dix St, Detroit, MI 48217
  • /2

    $2,000,000

    • Land
    • 4,791 Sq Ft
    • $18,181,818 per Acre

    6419 Michigan Ave, Detroit, MI 48210

    6419 Michigan Ave, and 4080 Cicotte St Sold together - two parcels

    Amanda Khou Keller Williams Legacy

    6419 Michigan Ave, Detroit, MI 48210
  • /8

    $1,900,000

    • 48 Beds
    • 48 Baths
    • 25,970 Sq Ft

    14881 Schaefer Hwy, Detroit, MI 48227

    Stacey Ann is a 48-unit multifamily property located in Northwest Detroit, offering stable cash flow with significant room for operational and rent growth. Built in 1965 and renovated in 2021, the property is currently 81% occupied, providing a clear path to increase NOI through lease-up, rent repositioning, and reduced management expenses. This property is part of the Detroit 2 Portfolio (83

    Michael McClafferty OakPointe Real Estate Advisors

    14881 Schaefer Hwy, Detroit, MI 48227
  • /89

    $1,890,900

    • 41 Beds
    • 27 Baths
    • 24,912 Sq Ft

    326 Eastlawn St, Detroit, MI 48215

    20 PROPERTIES FOR A PACKAGE DEAL! This is an incredible investment opportunity to own 10 tenant occupied and 10 vacant Detroit homes. 6 four bedroom homes, 11 three bedroom homes, and 1 two bedroom home. Current monthly rental income is 14,832 (177,984 yearly). Tenant owned properties will need an accepted offer prior to gaining access to the property and disturbing tenants. Properties are not

    Jeff Glover KW Professionals

    326 Eastlawn St, Detroit, MI 48215
  • /8

    $1,850,000

    • 40 Beds
    • 35 Baths
    • 22,117 Sq Ft

    18637 James Couzens Fwy, Detroit, MI 48235

    Pickford Place is a well-maintained 35-unit multifamily asset located in Northwest Detroit. Built in 1969 and renovated in 2021, the property is currently 91% occupied, offering strong in-place cash flow with immediate upside through rent growth and operational efficiencies. Part of the Detroit 2 Portfolio – 83 Total Units

    Michael McClafferty OakPointe Real Estate Advisors

    18637 James Couzens Fwy, Detroit, MI 48235
  • /51

    $1,650,000

    • 66 Baths
    • 48,000 Sq Ft

    725 Whitmore Rd, Highland Park, MI 48203

    A rare Detroit value-add apartment offering at 725 Whitmore, Detroit, MI 48203: a solid brick building with 66 units and the scale buy-and-hold investors look for when they want meaningful income potential and operational leverage. With the right rehab plan, this property is positioned to gross over $75,000 per month in rent, giving you room to build a durable cash-flowing asset at a basis that

    Rashad Elabed JNA Real Estate

    725 Whitmore Rd, Highland Park, MI 48203
  • /22

    $1,600,000

    • 3,178 Sq Ft

    19989 Van Dyke Ave, Detroit, MI 48234

    SELLING AN ESTABLISHED AUTO REPAIR SERVICE BUSINESS ALONG WITH BUILDING, UPDATED BUILDING. Absolutely wonderful Location and building In a high-demand area huge exposure on the main road. ALL DATA AND MEASUREMENTS ARE DEEMED RELIABLE BUT NOT GUARANTEED. BUYER AGENT TO VERIFY ALL INFORMATION, for detailed information contact. Terry Asmar. CALL TODAY TO SCHEDULE YOUR PRIVATE SHOWING!

    Terry Asmar My Realty LLC

    19989 Van Dyke Ave, Detroit, MI 48234
  • /5

    $1,600,000

    • Land
    • 5,662 Sq Ft
    • $12,307,692 per Acre

    2641 Trumbull, Detroit, MI 48216

    Prominently located in North Corktown, this 1.6-acre development site offers more than 248 feet of frontage along Trumbull Avenue. The property includes conceptual plans for an 80-unit apartment building and is ideally positioned within walking distance to Corktown and Ford’s Michigan Central Station, which recently unveiled its transformative $740 million renovation. Ford’s Corktown Campus is

    Vincent Mazzola O'Connor Realty Detroit, LLC

    2641 Trumbull, Detroit, MI 48216
  • /7

    $1,565,000

    • 9,476 Sq Ft

    22200 Grand River Ave, Detroit, MI 48219

    Court-Appointed Receivership Sale. Freestanding 9,476 SF single-tenant net-leased (NNN) retail property located in the northwest area of Detroit, near the borders of Southfield and Redford in Wayne County, Michigan. The asset is positioned within a well-established retail corridor. Constructed in 2012, the property is fully leased to Family Dollar under a triple-net (NNN) lease structure with

    Emil Cherkasov Forward Commercial Group

    22200 Grand River Ave, Detroit, MI 48219
  • /39

    $1,450,000

    • 4,200 Sq Ft

    1450 6th St Unit package, Detroit, MI 48226

    A developer’s opportunity for immediate cashflow + vacant land for redevelopment - in the heart of Corktown - adjacent to the central business district and Riverfront. The package is made of three separate pieces: 1) Triangle-shaped vacant land to the north (1500 6th); 2) a brick 5-unit, occupied, newer roof and boiler, includes vacated Labrosse St (1450 6th) and 3) vacant land to the south of

    Jan Dijkers Berkshire Hathaway HomeServices The Loft Warehouse

    1450 6th St Unit package, Detroit, MI 48226
  • /43

    $1,450,000

    • 8 Beds
    • 4 Baths
    • 4,200 Sq Ft

    1450 6th St, Detroit, MI 48226

    A developer’s opportunity for immediate cashflow + vacant land for redevelopment - in the heart of Corktown - adjacent to the central business district and Riverfront. The package is made of three separate pieces: 1) Triangle-shaped vacant land to the north (1500 6th); 2) a brick 5-unit, occupied, newer roof and boiler, includes vacated Labrosse St (1450 6th) and 3) vacant land to the south of

    Jan Dijkers Berkshire Hathaway HomeServices The Loft Warehouse

    1450 6th St, Detroit, MI 48226
  • /19

    $1,385,000

    • 3 Beds
    • 3 Baths
    • 2,053 Sq Ft

    2827 John R St Unit 3, Detroit, MI 48201

    Positioned at the corner of Alfred and John R, in Detroit’s historic Brush Park neighborhood, CODA is an innovative, newly constructed luxury development, featuring ten boutique residential condominiums, a two-level restaurant, and a dedicated commercial office space and attached parking structure.Designed by OOMBRA Architects, from Philadelphia, CODA’s contemporary design is intended to

    Todd Sykes Berkshire Hathaway HomeServices The Loft Warehouse

    2827 John R St Unit 3, Detroit, MI 48201
  • /2

    $1,350,000

    • 8,000 Sq Ft

    1330 Crane St, Detroit, MI 48214

    Currently used as House of Worship, seats 300 + overflow, padded pews, central air, choir, 5 restrooms, large lobby, kitchen, dining hall in basement, paved fenced in parking for 60 cars. NOTE; basement has been completely renovated/updated

    Kevin Messier Real Estate Professional Services Inc

    1330 Crane St, Detroit, MI 48214
  • /98

    $1,325,000

    • 18,805 Sq Ft

    260 Mount Elliott St, Detroit, MI 48207

    Rare Riverfront/Warehouse District redevelopment opportunity including 260 Mt. Elliott,266 Mt. Elliott, and 275 Iron, all connected and under the same ownership. This unique commercial package offers multiple buildings, strong visibility, secured parking, and flexible-use space in a rapidly developing area near the Detroit Riverfront. Ideal for owner-users, investors, or redevelopment. Buyer to

    Fay Salmaci ARG Realty

    260 Mount Elliott St, Detroit, MI 48207
  • /15

    $1,308,894

    • Land
    • 4.67 Acres
    • $280,277 per Acre

    4445 Lawton St, Detroit, MI 48208

    4445 Lawton presents a rare redevelopment opportunity in the heart of Detroit, perfectly positioned for investors, developers, and visionaries seeking to capitalize on the city’s ongoing resurgence. Significant improvements have already been made to the property, with $724,000 invested in site work and infrastructure completed between 2024–2025. This upfront investment creates a strong foundation

    Agent Photo

    Murray Wikol

    Provisions LLC

    (833) 545-6515

    4445 Lawton St, Detroit, MI 48208
  • /24

    $1,300,000

    • 7,200 Sq Ft

    12869 Artesian St, Detroit, MI 48223

    This beautifully remodeled Multi-use commercial building featuring front office space, reception area, and lobby, along with two restrooms. The building is currently operating as a vibrant event space, perfect for receptions, cabarets, baby showers, proms, and other special gatherings . It features a fully updated full-services commercial kitchen with high-quality appliances, ideal for catering

    Garland Solomon G S Inc

    12869 Artesian St, Detroit, MI 48223
  • /2

    $1,300,000

    • Land
    • 8,712 Sq Ft
    • $6,500,000 per Acre

    115 E Palmer St, Detroit, MI 48202

    Exceptional opportunity at 101 E Palmer and 115 E Palmer featuring a rare historic carriage house on the property. This unique offering blends architectural character with versatile potential. The historic carriage house adds charm and distinction while presenting a compelling development opportunity for those looking to maximize the property’s potential. A truly special find in a prime location.

    Samuel Siegel Berkshire Hathaway HomeServices The Loft Warehouse

    115 E Palmer St, Detroit, MI 48202
  • /73

    $1,280,000

    • 3 Beds
    • 10 Baths
    • 4,950 Sq Ft

    4110 Trumbull, Detroit, MI 48208

    4110-4114 Trumbull is a renovated three-unit multifamily property totaling approximately 4,950 square feet in Detroit’s historic Woodbridge neighborhood. The property is fully leased and stabilized, featuring spacious unit layouts, high-quality finishes, and a rear carport with four dedicated parking spaces. All three units are individually parceled as a condominium and each benefits from a NEZ-R

    Cooper Przekop Douglas Rose Realty

    4110 Trumbull, Detroit, MI 48208
  • /39

    $1,275,000

    • 3 Beds
    • 3 Baths
    • 5,600 Sq Ft

    1535 6th St Unit 6, Detroit, MI 48226

    Incredible opportunity to own a piece of historic Detroit! This 5,600-square-foot penthouse is located on the fourth floor of the former Westinghouse Appliance Factory in Corktown and offers stunning 360-degree views of the city. The space features three bedrooms and three full baths, all with soaring 14-foot ceilings. The spacious primary suite combines style and functionality, boasting an

    Spencer Ray Jim Saros Real Estate Services

    1535 6th St Unit 6, Detroit, MI 48226
  • /28

    $1,250,000

    • 6,781 Sq Ft

    4200 Woodward Ave, Detroit, MI 48201

    Rare fully leased, 100% occupied mixed-use investment in the heart of Midtown Detroit — one of the city's most dynamic and fast-growing commercial corridors. This four-unit building at 4200 Woodward Avenue. 10% CAP rate | modified triple-net lease structure | landlord expenses at virtually zero.One retail space and three restaurant units sit on 162 feet of prime Woodward Avenue frontage with

    Bonnie Juras National Realty Centers, Inc

    4200 Woodward Ave, Detroit, MI 48201
  • /7

    $1,250,000

    • 12 Baths
    • 1,160 Sq Ft

    5764 Woodward Ave, Detroit, MI 48202

    O’Connor Real Estate is pleased to present 5764 Woodward Ave, a fully renovated six- unit apartment building in Detroit’s Cultural District of Midtown. Each unit offers three bedrooms and two bathrooms. The property underwent a comprehensive renovation in 2020, including interior upgrades, mechanical system improvements, and facade restoration. Additional value-add opportunities include

    Vincent Mazzola O'Connor Realty Detroit, LLC

    5764 Woodward Ave, Detroit, MI 48202

Showing Results 1 - 40, Page 1 of 18

Frequently Asked Questions

What is the average home price in Detroit, MI?
Homes for sale in Detroit, MI have an average home price of $152,538.
How many homes have sold over the last 12 months in Detroit, MI?
4,937 homes have sold in Detroit, MI over the last 12 months.
Is Detroit, MI a safe city?
In general, the safest neighborhoods in Detroit, MI with lower crime scores are Detroit Golf Club, Green Acres, Sherwood Forest and Rosedale Park.
What are the most popular zip codes in Detroit, MI?
The most popular zip codes in Detroit, MI include 48208, 48206, 48210, 48204 and 48201.
What are the most popular neighborhoods in Detroit, MI?
The most popular neighborhoods in Detroit, MI with the most homes for sale are Cornerstone Village, Franklin Park, Bagley, Morningside and Fitzgerald.
How much do you need to make to afford a house in Detroit?
The median home price in Detroit is $110,000. If you put a 20% down payment of $22,000 and had a 30-year fixed mortgage with an interest rate of 6.37%, your estimated principal and interest payment would be $550 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $24K a year to afford the median home price in Detroit. Learn how much home you can afford with our Home Affordability Calculator.
How are the schools in Detroit, MI?
Detroit, MI has highly rated public and private schools. Some of the best schools in Detroit based on Niche Grades are Detroit Waldorf School, Grosse Pointe Academy and University Liggett School. The neighborhoods in Detroit with the highest rated schools are Far West Detroit, Cornerstone Village and North End. Browse all the schools in Detroit, MI to learn more.

Home Trends in Detroit, MI

Housing Trends

Median Sale Price
$98,000
Median Single Family Sale Price
$95,000
Median Townhouse Sale Price
$408,990
Median 2 Bedroom Sale Price
$310,000
Median 1 Bedroom Sale Price
$124,900
Average Price Per Sq Ft
$98
Number of Homes for Sale
2,657
Last 12 months Home Sales
4,937
Months of Supply
6.50
Median List Price
$110,000
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
9%
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