Secondary metropolitan market · Michigan · June 2026 data
Detroit Real Estate Market
The Detroit, MI housing market as of June 2026 — real median listing price, market pace, inventory and supply, from public records and industry data. Prepare a client-ready Detroit report in a click.
Median listing price, Detroit MI · trailing 8 quarters · source: public records and industry data.
10-year median listing price, Detroit MI · June of each year, 2017–2026 · source: public records and industry data.
As of June 2026, the median home listed in Detroit, MI asks $275,000 — down 1.8% from a year ago. Homes are taking a median of 38 days to go under contract, and 16% of the 10,126 active listings have taken a price cut, which points to a seller-leaning market. Based on public records and industry data, updated monthly.
Detroit scores 71/100 on our composite Investor Score (#88 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; at the published FY2026 fair market rent of $1,413/mo for a two-bedroom, the gross rental yield on the median listing is about 6.2%; active inventory sits at 74% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are down 1.8% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).
Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Detroit ranks on the trending markets index.
Principal & interest on the $275,000 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.
Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.
Detroit's housing market shows varied trends, with some areas experiencing price growth while others see declines. — AI-generated summary of the headlines above; read the linked coverage before relying on it.
Headlines collected 2026-07-05; each links to the original publisher.
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Detroit by ZIP code
Median price, pace and inventory for 31 Detroit ZIPs — the spread behind the metro number.
Explore DirectoryTop agents in Detroit
The highest-producing real estate agents in Detroit, ranked by recent sales.
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Hours, exam and the commission that regulates Michigan agents.
Read IncomeAgent salary in Michigan
What real estate agents actually earn across Michigan.
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