Downtown, Detroit, MI—48226
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$311,000
1.1% YoY Growth
Household Income
$69,800
22.3% YoY Growth
Days on Market
65
11.0% Shorter YoY
Home Price Forecast
1.0%
Median Rent
$2,200
4.4% YoY Growth
1-Bed Rent
$1,950
3.8% YoY Growth
2-Bed Rent
$2,850
12.7% YoY Growth
3-Bed Rent
N/A
N/A
Home Price Trends — Downtown, Detroit, MI
As of Nov '25, the median home price in Downtown, Detroit, MI is $311,000, with a year-over-year change of 1.1%. This indicates that home prices in Downtown, Detroit, MI are increasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $311,000 | 1.1% |
| Single Family | N/A | N/A |
| Condos | $314,000 | -0.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |