Detroit Real Estate Market Conditions
Detroit Schools and Demographics
Education near Detroit, MI
Elementary Schools near Detroit, MI
Middle Schools near Detroit, MI
High Schools near Detroit, MI
Ungraded Schools near Detroit, MI
Demographics near Detroit, MI
Detroit Real Estate
The median home value in Detroit, MI is $75,620. This is lower than the county median home value of $80,100. The national median home value is $219,700. The average price of homes sold in Detroit, MI is $75,620. Approximately 34.11% of Detroit homes are owned, compared to 36.73% rented, while 29.17% are vacant. Detroit real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Detroit real estate agent to arrange a tour today!
Detroit, Michigan has a population of 679,865. Detroit is less family-centric than the surrounding county with 15.03% of the households containing married families with children. The county average for households married with children is 25.33%.
The median household income in Detroit, Michigan is $27,838. The median household income for the surrounding county is $43,702 compared to the national median of $57,652. The median age of people living in Detroit is 34.7 years.
The average high temperature in July is 83.4 degrees, with an average low temperature in January of 19 degrees. The average rainfall is approximately 33.3 inches per year, with 30.4 inches of snow per year.