University District, Detroit, MI—48221
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$134,000
5.4% YoY Growth
Household Income
$55,600
34.6% YoY Growth
Days on Market
50
14.0% Longer YoY
Home Price Forecast
-0.1%
Median Rent
$1,250
3.8% YoY Growth
1-Bed Rent
$950
2.9% YoY Growth
2-Bed Rent
$1,100
7.5% YoY Growth
3-Bed Rent
$1,400
5.4% YoY Growth
Home Price Trends — University District, Detroit, MI
As of May '26, the median home price in University District, Detroit, MI is $134,000, with a year-over-year change of -5.4%. This indicates that home prices in University District, Detroit, MI are decreasing. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $134,000 | -5.4% |
| Single Family | $134,000 | -5.6% |
| Condos | $63,000 | -7.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |