Property prices for sale in Detroit (Michigan)

The prices in real estate in Detroit, in the Michigan region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

$99,399.33
Average price last 6 months
$70.67
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Detroit has increased during the last 6 months. In March, the average price per sq.feet was $67. In the following month the price per sq.feet decreased to $58. The price for the following two months in (May, June) had a considerable increment of 117 %. The price per sq.feet has increased 113 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $67.75 to $76.5 during July, and August.

Average price

Based upon to the price in Detroit (cities), this has gone downing the last 6 months. The average price for March is $106,775. During April the price had a considerable reduction till $80,519. During the following two months (May, June) the price has had an average incrementation from $93,647 to $103,506. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $98,576.5 and $101,045 between July and August.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $98,522 they are 1 % more affordable than the average price for Detroit. The properties with the highest average price have 4 bedrooms, Their price is 160 % more costly than the average. After that we have properties with 1 bedroom priced at $200,139.

With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $81 / sq.feet, with an average $76 / sq.feet price in Detroit. The properties with the highest average prices have 1 bedroom. They are 193 % more expensive than the average followed by properties with 2 bedrooms with a price at $124 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $98,522 it is 57 % cheaper than the average price in Detroit. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $90,686 it is 246 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $68 / sq.feet followed by "Commercial" priced at $134 / sq.feet. "Condo" is the most costly type of property with a $282 / sq.feet cost followed by "Townhouse" with an average price of $139 / sq.feet.

Charts data
Average price August
Average price per sq.feet August
Number of properties used in Detroit
Number of properties used in region Michigan
$98,522
$76
15,818
242,924
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
3 Bedroom House Detroit Michigan
 27
3 Bedroom House Detroit Michigan
$58,064
Detroit, Michigan - For Sale - House - 83 sq.feet - 3 bedrooms - 2 bathrooms
Lid: us_42885705 this home is located in detroit michigan 48224. It has 3 bedrooms, 2 bathrooms. This 3 bedroom house in detroit michigan is for sale at 58064...
3 Bedroom Detached House Detroit Michigan For Sale At 58064
 27
3 Bedroom Detached House Detroit Michigan For Sale At 58064
$58,064
Detroit, Michigan - For Sale - Detached House - 83 sq.feet - 3 bedrooms - 2 bathrooms
Lid: usa_42885705 3 bedroom detached house in detroit michigan. Cette fantastique... De yorkshire woods, dans l'est de détroit. La maison n'est qu'à quatre minutes...
3 Bedroom, Detroit Michigan 48224
 27
3 Bedroom, Detroit Michigan 48224
$58,064
Detroit, Michigan - For Sale - House - 83 sq.feet - 3 bedrooms - 2 bathrooms
Une rue très bien entretenue du quartier de yorkshire woods, dans l'est de détroit... Quartier de yorkshire woods, juste à côté de morningside, un quartier de detroit...
6 Bedroom House Detroit Michigan
 16
6 Bedroom House Detroit Michigan
$57,724
Detroit, Michigan - For Sale - House - 184 sq.feet - 6 bedrooms - 2 bathrooms
Lid: us_42924956 this home is located in detroit michigan 48214. It has 6 bedrooms, 2 bathrooms. This 6 bedroom house in detroit michigan is for sale at 57724...
6 Bedroom Detached House Detroit Michigan For Sale At 57724
 16
6 Bedroom Detached House Detroit Michigan For Sale At 57724
$57,724
Detroit, Michigan - For Sale - Detached House - 184 sq.feet - 6 bedrooms - 2 bathrooms
Lid: usa_42924956 6 bedroom detached house in detroit michigan. Cette grande... Est de detroit, à cinq minutes et moins de deux miles de chandler park, une...