What is the median home price in Detroit, MI?

The median home value in Detroit, MI is approximately $76,800, with median rent around $1,034/mo (U.S. Census ACS). Detroit is in Wayne County.

What is the cost of living like in Detroit, MI?

Detroit has a median household income near $39,575 against a median home value of $76,800 and median rent of $1,034/mo. Michigan's state income tax is 4.25% and effective property tax runs around 1.48%.

Can I use Remote Prop View in Detroit, MI?

Yes. Remote Prop View's market data, demographics, and scam-aware research tools work nationwide. Our deep property search, comparable sales, and TruReport verification packet currently focus on the Dallas-Fort Worth, TX metro.

Detroit, MI Real Estate

Detroit anchors one of Michigan's largest metro areas with a population of about 636,644. The median home value is near $76,800, and median rent runs around $1,034/mo.

Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.

Median Home Value

$76,800

Median Rent

$1,034/mo

Population

636,644

Median Income

$39,575

Median Age

35.1

Homeownership

49.7%

Monthly payment on a median Detroit home

Example for a $76,800 home: 20% down, 30-yr at ~6.75%, MI property tax ~1.48%, 0.4% insurance.

Est. monthly (PITI)

$519

Principal & interest

$398

Property tax / mo

$95

Down payment (20%)

$15,360

Detroit at a glance

10.5% of residents 25+ hold a bachelor's degree or higher.
49.7% of occupied homes are owner-occupied.
Median household income is $39,575.
Always verify the assigned school district, flood zone, and HOA for a specific address before signing.

Other Michigan cities

Grand Rapids →Warren →Sterling Heights →Ann Arbor →Lansing →Dearborn →

Research your move with Remote Prop View

Market data and scam-aware research work nationwide. Deep property search and TruReport verification are live for Dallas-Fort Worth.

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