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Advertise here →Detroit, MI · Market Snapshot
Detroit, Michigan market snapshot.
Detroit sits in Wayne County, Michigan. It's home to roughly 636,644 residents. The Census Bureau puts Detroit's median home value at $76,800, while Wayne County's median listing price runs $155,000, up about 5.3% over the past year.
At a glance
Detroit market snapshot
Population
636,644
Median Household Income
$39,575
Median Home Value (city)
$76,800
Median Listing Price (Wayne County)
$155,000
Median Gross Rent
$1,034/mo
Price Trend (YoY)
+5.3%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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Advertise here →Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Detroit's median home value — across all owner-occupied homes, not just recent sales — at $76,800. Separately, Wayne County's current median listing price (via Realtor.com data, 2026-06-01) runs $155,000. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
Regional Price Trend
FHFA's House Price Index for Detroit-Warren-Dearborn, MI shows a +5.3% year-over-year change in its most recent quarter. Wayne County's own annual index shows a 5.27% change in 2025.
Population & Income
Detroit has an estimated population of 636,644 and a median household income of $39,575, per the Census Bureau's American Community Survey (2023 5-year estimate).
Featured · Detroit, MI
Detroit new-home communities
New-home communities in Detroit — coming soon
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Tell us what you're looking for in DetroitAlso considering an existing home in Detroit? Check the Detroit guide on USAHouses.com.
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