"Detroit's housing market is somewhat competitive. Homes in Detroit receive 2 offers on average and sell in around 43 days. In July 2025, the median sale price was $105,000 and the median sale price per square foot was $82. Redfin Compete Score: 43 (Somewhat Competitive). The average homes sell about 4% below list price and go pending in around 41 days;"
"The average homes sell about 4% below list price and go pending in around 41 days; hot homes can sell about 2% above list and go pending in around 15 days. Sale‑to‑list price ratio: 96.4%; 28.0% of homes sold above list; 27.0% had price drops. Detroit's median sale price is 75% lower than the national average, and the overall cost of living is 2% higher than the national average. Latest Detroit listings"
Detroit's housing market is somewhat competitive, with homes receiving about two offers and selling in roughly 43 days on average. The median sale price in July 2025 was $105,000 and the median sale price per square foot was $82. The Redfin Compete Score is 43, indicating some competitiveness. Average homes sell about 4% below list and go pending in around 41 days, while hot homes can sell about 2% above list and go pending in roughly 15 days. The sale-to-list price ratio is 96.4%; 28.0% of homes sold above list and 27.0% experienced price drops. Detroit's median sale price is 75% lower than the national average, while the overall cost of living is 2% higher than the national average.
Read at Redfin | Real Estate Tips for Home Buying, Selling & More
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