Housing prices and selling conditions
These measures describe housing prices and selling conditions for the areas and periods shown. Compare them alongside repair costs, your mortgage payoff and selling costs.
| Measure | Value | Source and area | Period |
|---|---|---|---|
| Median sale price | $103,000 | Redfin · Detroit, MI | Three months ending August 2026 |
| Median days on market | 50 days | Redfin · Detroit, MI | Three months ending August 2026 |
| Homes sold | 1,488 homes | Redfin · Detroit, MI | Three months ending August 2026 |
| Typical home value (Zillow ZHVI) | $77,199 | Zillow · Detroit, MI | As of August 2026 |
| For-sale inventory | 3,529 homes | Zillow · Detroit, MI | As of August 2026 |
Include utilities, other bills and any mortgage payments while waiting to sell. Allow time for closing, too.
Detroit, MI seller resources / Market report
Detroit, MI Housing Market and Selling Costs
Use this report to compare selling directly with listing, making repairs, or waiting. The market measures describe Detroit; they do not price your particular house.
USA Home Buyers buys houses as-is in Detroit, MI and Wayne County. We buy houses as-is, in any condition — no repairs, no cleaning, no cleanout required to sell to us.
Request a written cash offer with the form. Or call 888-274-5006.
We'll give you a written cash offer within 24 hours.
We give written cash offers in 24 hours.
Share the address, condition, occupancy, and timing you are considering.
Detroit market numbers
Housing prices and selling conditions
These measures describe housing prices and selling conditions for the areas and periods shown. Compare them alongside repair costs, your mortgage payoff and selling costs.
| Measure | Value | Source and area | Period |
|---|---|---|---|
| Median sale price | $103,000 | Redfin · Detroit, MI | Three months ending August 2026 |
| Median days on market | 50 days | Redfin · Detroit, MI | Three months ending August 2026 |
| Homes sold | 1,488 homes | Redfin · Detroit, MI | Three months ending August 2026 |
| Typical home value (Zillow ZHVI) | $77,199 | Zillow · Detroit, MI | As of August 2026 |
| For-sale inventory | 3,529 homes | Zillow · Detroit, MI | As of August 2026 |
Include utilities, other bills and any mortgage payments while waiting to sell. Allow time for closing, too.
What the numbers mean
A citywide measure is only a starting point
Redfin’s median sale price summarizes completed sales for the place and period shown in the table. Zillow’s typical home value is a separate modeled measure. Neither tells you what one Detroit address will bring.
The house itself changes the comparison. Condition and repair needs can affect listing costs; tenant occupancy can affect access and timing; and the date you need to sell affects how long you may carry utilities, insurance, and other bills. Compare those facts with the options and terms available to you.
Zillow’s current typical home value is $77,199 (As of August 2026; Zillow typical home value for Detroit, MI). It is a model for the stated place and period, not a completed-sale price or a value for your particular house.
Local selling costs
Michigan state and county real estate transfer taxes
For an ordinary taxable sale, Michigan’s state real estate transfer tax is $3.75 for each $500 of value, or part of $500. Wayne County’s general county rate is another 55 cents for each $500, or part. At a taxable value of $100,000 and the 55-cent county rate, the example is $750 in state tax and $110 in county tax, or $860 combined before exemptions. State and county exemptions are separate, so the actual amount depends on the property, sale value, and any exemption. State law generally makes the seller responsible for the state tax; confirm the parcel’s county rate, exemptions, and final settlement figures for the actual sale.
When you sell to us, we pay the closing costs, including Michigan state and county real estate transfer taxes. Your mortgage payoff, liens, back taxes, and share of current property taxes remain separate.
For Detroit assessment questions, contact the City of Detroit Office of the Assessor. If authority to sell involves an estate, the Wayne County Probate Court publishes probate information. The parcel and case records control the questions for a particular property.
What you may keep
Sale price is not the same as money left after costs
To compare what you may keep, start with a realistic sale price or written offer. Then account for the costs that apply to your situation: mortgage payoff, liens, back taxes, your current property-tax share, repairs, cleanout, selling costs, utilities, insurance, and time spent carrying the house. Listing commissions apply if you list.
Use the calculator to change the planning assumptions for your house. Just an estimate — the actual number could be more or less depending on the home's condition.
Detroit, MI Home Sale Net Proceeds Calculator
CalculatorCompare what you would keep from listing your house or selling as-is for cash. Change the repair costs, cleanout, monthly bills and closing costs to fit your house.
Detroit market report questions
Questions sellers ask
Does a Detroit market measure tell me what my house is worth?
No. Redfin’s median sale price summarizes completed sales for Detroit during the period shown. Zillow’s typical home value is a modeled measure. Neither one prices your particular house; compare the source, place, and period with the property’s condition, repairs, occupancy, and timing.
How can condition, repairs, tenants, or timing change my comparison?
Repair and cleanout needs can change the cost of listing. Tenant occupancy can affect access and showing plans, while the date you need to sell affects how long you may carry utilities, insurance, and other bills. A citywide figure cannot account for those details.
What Michigan transfer taxes may apply to a Detroit sale?
For a taxable sale, Michigan’s state real estate transfer tax is $3.75 for each $500 of value, or part of $500. Wayne County’s general rate is 55 cents for each $500, or part; state and county exemptions are separate. At a taxable value of $100,000 and the 55-cent county rate, the example is $750 state tax plus $110 county tax, or $860 before exemptions. State law generally makes the seller responsible for the state tax, but the actual parcel, county rate, and exemptions should be checked. When you sell to us, we pay the closing costs, including Michigan state and county real estate transfer taxes. Your mortgage payoff, liens, back taxes, and share of current property taxes remain separate.
Is the calculator result a cash offer?
No. It is a planning estimate using changeable assumptions, not a property-specific offer or commitment. Just an estimate — the actual number could be more or less depending on the home’s condition.
How do I request a written cash offer?
Use the form on this page or call 888-274-5006. We'll give you a written cash offer within 24 hours.
What sellers say about USA Home Buyers
Next step
Compare the options for your house and timing
Compare the market context with your house’s condition, occupancy, costs, and preferred timing. These Detroit resources cover common sale situations and next steps.