Detroit, Michigan — Real Estate Market Guide
Your comprehensive guide to buying and selling homes in Detroit, Michigan. This guide features real-time market data from 3450 active MLS listings, updated daily.
Detroit Market Snapshot
- Active Listings: 3450 homes for sale
- Median List Price: $110,000
- Average List Price: $164,999
- Price Range: $1 — $7,000,000
- Avg Price Per Sq Ft: $94
- Average Home Size: 1,812 sq ft
- Avg Days on Market: 111 days
- Median Year Built: 1937
Property Types in Detroit
Price Distribution in Detroit
Great Deals in Detroit
We found 504 great deals in Detroit — properties priced below their estimated market value, saving buyers an average of $44,031.
View All Great Deals in Detroit
Buying a Home in Detroit
Detroit is part of the Metro Detroit metropolitan area in Michigan. The housing market offers a range of options from affordable homes starting at $1 to luxury properties up to $7,000,000.
With a median list price of $110,000 and an average of 111 days on market, Detroit currently favors buyers with more time to find the right home.
Why Choose Sonic Realty in Detroit?
Sonic Realty charges just 1% listing commission — saving Detroit sellers thousands. On a median-priced home of $110,000, you'd save approximately $2,200 compared to a traditional 3% listing commission.
Our licensed Michigan real estate agents provide full-service representation including MLS listing, professional photography, showing coordination, and expert negotiation.
Real Estate Articles & Resources
Frequently Asked Questions About Detroit Real Estate
How many homes are for sale in Detroit right now?
There are currently 3450 homes for sale in Detroit, Michigan, including 2749 single-family homes and 217 condos.
What is the median home price in Detroit?
The median list price in Detroit is $110,000, with prices ranging from $1 to $7,000,000.
How fast are homes selling in Detroit?
Homes in Detroit average 111 days on market. Contact Sonic Realty for the latest market conditions.
What does Sonic Realty charge in Detroit?
Sonic Realty charges just 1% listing commission in Detroit, saving sellers approximately $2,200 on a median-priced home.
Is Detroit a good place to buy a home?
Detroit offers 3450 active listings at a median price of $110,000. The area offers good value per square foot, making it an affordable option in Metro Detroit.
Contact Sonic Realty
Ready to buy or sell in Detroit? Contact Sonic Realty for a free consultation.
Phone: (313) 466-2430 | Email: info@sonicrealty.com