Detroit, TX—75436
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Detroit, TX
Detroit, TX lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $222,000 | -3.7% |
| Single Family | $222,000 | -3.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Detroit, TX
Detroit, TX lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,620 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,600 | $1,620 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Detroit, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Detroit, TX is 106. This is a decrease of -10.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 44.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $368,000 | -19.0% |
Listing Count | 9 | -14.0% |
| Listings as % of Homes | 0.9% | -14.0% |
Days on Market | 106 | -10.0% |
Demographics — Detroit, TX
As of the latest ACS Survey released in 2023, Detroit, TX has a population of 2,390, which has increased by 10.6% over the past 5 years. Detroit, TX is a moderately popular place for families, as children make up 22.8% of the population. The area has a poorly educated workforce, with 18.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,390 | 10.6% |
% Under 18 | 22.8% | -17.4% |
% Seniors | 14.7% | -27.6% |
% WFH | 2.1% | -27.6% |
% w/ College Degree | 18.5% | 150.0% |
As of the latest ACS Survey released in 2023, Detroit, TX is a predominantly white area, with 85.8% of the population identifying as white. The white population has grown by 3.0% in the last 5 years. The second most common race or ethnicity in Detroit, TX is hispanic, making up 7.5% of the population. Foreign-born residents account for 4.1% of the population in Detroit, TX, and this percentage has increased by 720.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 85.8% | 3.0% |
% Black | 4.5% | -58.3% |
% Hispanic | 7.5% | 316.7% |
% Asian | 0.0% | N/A |
% Foreign Born | 4.1% | 720.0% |
Mortgage and Risk — Detroit, TX
According to HUD data as of 2023, there were 20 mortgage originations in Detroit, TX, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 85.0%, with 55.0% above 90% LTV (very high). This implies large mortgage risk in Detroit, TX. Investor activity is low, as 0.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 20 |
% Conventional Loans | 65.0% |
% Government Loans | 35.0% |
% Investor Loans | 0.0% |
% Second Loans | 10.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Detroit, TX
Detroit, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 36 |
Total Units Section 8 | 0 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $830 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | -$360 | $1,600 | $1,240 |
| 4 Bedroom | N/A | N/A | $1,570 |
Affordability — Detroit, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $222,000 |
| Median Household Income | $77,700 |