Detroit housing market: September 2026
Buyer's market
Detroit's median sale price was $95,000 over the 12 months through September 2026, unchanged from the year before. Sales fell 11.4%, homes took a median 31 days to sell at 97% of list price, and there are 6.8 months of supply on the market.
- Median sale price
- $95,000
- Homes sold
- 5,038
- Months of supply
- 6.8
- Median days on market
- 31
- Sale-to-list price
- 96.9%
- Active listings
- 2,856
0.0% vs. prior 12 months
-11.4% from 5,684
Over 6 = buyer's market, under 4 = seller's
Half of homes sell faster
Median close price ÷ list price
On market October 21, 2026
Is Detroit a buyer's or seller's market?
Buyer's market. A balanced market usually runs about 4 to 6 months of supply. At 6.8, buyers have the upper hand. If no new homes were listed, it would take about 6.8 months to sell everything for sale today.
Detroit median sale price by month
See the monthly numbers
| Month | Median sale price | Homes sold |
|---|---|---|
| September 2026 | $100,000 | 414 |
| August 2026 | $95,000 | 409 |
| July 2026 | $109,600 | 456 |
| June 2026 | $104,450 | 468 |
| May 2026 | $97,250 | 408 |
| April 2026 | $95,750 | 412 |
| March 2026 | $105,000 | 381 |
| February 2026 | $76,000 | 402 |
| January 2026 | $89,000 | 395 |
| December 2025 | $91,500 | 428 |
| November 2025 | $95,000 | 391 |
| October 2025 | $91,500 | 474 |
How Detroit compares with nearby cities
Metro Detroit isn't one market. Of these cities, Grosse Pointe Woods homes sell fastest, in a median 9 days.
| City | Median price | 1-yr price change | Homes sold | Days on market | Sale-to-list | Months of supply |
|---|---|---|---|---|---|---|
| Detroit | $95,000 | 0.0% | 5,038 | 31 | 96.9% | 6.8 |
| Dearborn | $275,000 | +1.9% | 865 | 10 | 99.5% | 2.1 |
| Warren | $215,000 | +6.4% | 1,696 | 15 | 99.4% | 3.2 |
| Southfield | $245,000 | 0.0% | 602 | 18 | 100.0% | 4.1 |
| Grosse Pointe Woods | $360,000 | +5.7% | 245 | 9 | 100.0% | 2.6 |
| Canton Township | $400,000 | -0.2% | 1,012 | 11 | 100.0% | 2.5 |
12 months October 2025 through September 2026. Active listings as of October 21, 2026.
What this means if you're buying
With this much supply, asking for seller-paid closing costs, repairs or a price under list is reasonable on many homes, especially ones that have sat longer than the 31-day median.
What this means if you're selling
Pricing right on day one matters. Homes that sit past the 31-day median tend to get discounted, and buyers have plenty of alternatives. Run your seller net sheet before you pick a list price.
"Detroit isn't one market, it's 205 neighborhoods. The citywide numbers are the starting point, not the answer for your block. If you want to know what's happening on your street, call me and I'll pull it."
Common questions
Is Detroit a buyer's or seller's market right now?
Buyer's market. As of September 2026, Detroit has 6.8 months of supply, homes sell in a median 31 days, and they close at about 97% of list price.
What is the median home price in Detroit?
$95,000 for the 12 months through September 2026, unchanged from the $95,000 median the year before.
Are Detroit home sales going up or down?
Down. 5,038 homes sold in the 12 months through September 2026, compared with 5,684 the 12 months before (-11.4%).
More about Detroit
- Median sale price for all 205 Detroit neighborhoods
- Detroit property taxes
- Detroit $25,000 down payment grant
- NEZ and the Land Bank
- Land contracts
- Buying and selling in Detroit
How these numbers are calculated
Residential closed sales (houses and condos) recorded in the MLS for the municipality of Detroit, October 2025 through September 2026, compared with the 12 months before. Months of supply = active listings ÷ average monthly sales. Days on market and sale-to-list exclude homes entered at closing that were never marketed. Off-MLS sales (cash, FSBO, wholesale) are not included, so these medians can differ from deed-based figures elsewhere on this site. Source: Realcomp II Ltd. Statistics compiled from Realcomp data. Deemed reliable but not guaranteed.