Detroit, MI Real Estate Prices per Square Foot

Buy prices, rent prices, historical development and submitted values for Detroit, MI.

Average buy price
$75.00 / sqft

Typical residential purchase price per square foot.

Average rent
$1.69 / sqft / month

Monthly rent per square foot.

Median home price
$100,000

Estimated median residential sale price.

Median monthly rent
$1,200

Estimated median rent for the city.

Historical price development

Buy price development

Buy prices have increased by about 12.8% over the last 5 years.

Rent price development

Rent prices have increased by about 11.2% over the last 5 years.

Submitted values in Detroit

This table includes recent submitted values and individual historical comparable values, so the local price development is easier to compare.

Date Type Property Price / sqft Size Total Area
2026-07-03 Rent townhouse $1.67 / sqft 1,500 sqft $2,505 Corktown 48216
2026-07-02 Buy single-family home $36.00 / sqft 980 sqft $35,280 Nortown 48205
2026-06-29 Buy multi-family home $96.00 / sqft 4,100 sqft $393,600 West Village 48214
2026-06-27 Buy single-family home $112.00 / sqft 1,880 sqft $210,560 Rosedale Park 48223
2026-06-25 Rent multi-family home $0.88 / sqft 2,200 sqft $1,936 Virginia Park 48206
2026-06-22 Buy duplex $74.00 / sqft 2,350 sqft $173,900 Southwest Detroit 48209
2026-06-17 Buy single-family home $64.00 / sqft 1,375 sqft $88,000 Grandmont 48227
2026-06-16 Buy duplex $88.00 / sqft 2,600 sqft $228,800 Woodbridge 48208
2026-06-14 Rent single-family home $1.03 / sqft 2,400 sqft $2,472 West Village 48214
2026-06-14 Rent apartment $2.06 / sqft 590 sqft $1,215 Brush Park 48201
2026-06-14 Buy single-family home $142.00 / sqft 3,100 sqft $440,200 Sherwood Forest 48221
2026-06-13 Rent apartment $1.73 / sqft 695 sqft $1,202 North End 48202
2026-06-10 Rent single-family home $0.94 / sqft 1,950 sqft $1,833 Grandmont-Rosedale 48223
2026-06-08 Rent apartment $1.58 / sqft 450 sqft $711 Financial District 48226
2026-06-03 Buy single-family home $126.00 / sqft 2,460 sqft $309,960 Indian Village 48214
2026-06-01 Buy single-family home $68.00 / sqft 1,325 sqft $90,100 Morningside 48224
2026-05-31 Buy townhouse $147.00 / sqft 1,280 sqft $188,160 Elmwood Park 48207
2026-05-29 Buy condo $256.00 / sqft 780 sqft $199,680 Midtown 48201
2026-05-29 Rent apartment $1.39 / sqft 760 sqft $1,056 Corktown 48216
2026-05-29 Rent single-family home $1.11 / sqft 1,425 sqft $1,582 East English Village 48224
2026-05-26 Rent apartment $1.91 / sqft 540 sqft $1,031 Midtown 48201
2026-05-26 Rent townhouse $1.48 / sqft 1,180 sqft $1,746 Lafayette Park 48207
2026-05-25 Buy townhouse $181.00 / sqft 1,450 sqft $262,450 Corktown 48216
2026-05-23 Buy multi-family home $61.00 / sqft 3,300 sqft $201,300 Dexter-Linwood 48206
2026-05-21 Buy loft $231.00 / sqft 1,180 sqft $272,580 Downtown 48226
2026-05-21 Rent luxury apartment $2.89 / sqft 1,025 sqft $2,962 Downtown 48226
2026-05-18 Buy single-family home $97.00 / sqft 1,860 sqft $180,420 East English Village 48224
2026-05-17 Buy single-family home $92.00 / sqft 1,740 sqft $160,080 Bagley 48221
2026-05-14 Buy loft $219.00 / sqft 1,040 sqft $227,760 Brush Park 48201
2026-05-13 Buy single-family home $118.00 / sqft 2,240 sqft $264,320 Green Acres 48221
2026-05-13 Rent duplex $1.05 / sqft 1,120 sqft $1,176 Chadsey-Condon 48210
2026-05-11 Buy single-family home $75.00 / sqft 1,480 sqft $111,000 Jefferson Chalmers 48215
2026-05-10 Buy single-family home $105.00 / sqft 2,010 sqft $211,050 Boston-Edison 48206
2026-05-07 Buy multi-family home $69.00 / sqft 2,850 sqft $196,650 Grixdale Farms 48203
2026-04-30 Rent townhouse $1.31 / sqft 1,320 sqft $1,729 Islandview 48214
2026-04-30 Rent loft $2.34 / sqft 880 sqft $2,059 Capitol Park 48226
2026-04-28 Rent single-family home $0.86 / sqft 1,650 sqft $1,419 Greenfield 48235
2026-04-27 Rent duplex $1.21 / sqft 1,250 sqft $1,513 Woodbridge 48208
2026-04-26 Buy single-family home $83.00 / sqft 1,630 sqft $135,290 Russell Woods 48238
2026-04-24 Rent duplex $0.99 / sqft 1,340 sqft $1,327 Aviation Sub 48204
2026-04-22 Rent condo $2.12 / sqft 820 sqft $1,738 Downtown 48226
2026-04-21 Rent apartment $1.62 / sqft 610 sqft $988 New Center 48202
2026-04-17 Rent single-family home $1.18 / sqft 1,775 sqft $2,095 University District 48221
2026-04-15 Rent apartment $1.27 / sqft 980 sqft $1,245 Mexicantown 48209
2026-04-14 Rent single-family home $0.92 / sqft 1,520 sqft $1,398 Osborn 48205
2026-04-13 Rent condo $2.23 / sqft 940 sqft $2,096 Lafayette Park 48207
2026-04-13 Buy single-family home $51.00 / sqft 1,190 sqft $60,690 Warrendale 48228
2026-04-08 Rent luxury apartment $2.72 / sqft 720 sqft $1,958 Riverfront 48226
2026-04-07 Buy condo $173.00 / sqft 1,125 sqft $194,625 New Center 48202
2026-04-06 Buy condo $244.00 / sqft 900 sqft $219,600 Downtown 48226
2025-11-01 Rent single-family home $1.09 / sqft / month 1,560 sqft $1,700 East English Village 48224
2025-04-25 Buy condo $238.00 / sqft 980 sqft $233,240 Downtown 48226
2024-09-15 Rent apartment $1.84 / sqft / month 690 sqft $1,270 Midtown 48201
2024-06-07 Buy single-family home $86.00 / sqft 1,700 sqft $146,200 Bagley 48221
2023-10-01 Rent loft $2.16 / sqft / month 860 sqft $1,858 Downtown 48226
2023-04-14 Buy duplex $72.00 / sqft 2,450 sqft $176,400 Woodbridge 48208
2022-08-01 Rent townhouse $1.32 / sqft / month 1,120 sqft $1,478 Lafayette Park 48207
2022-03-31 Buy single-family home $112.00 / sqft 1,950 sqft $218,400 Indian Village 48214
2021-11-15 Rent single-family home $0.98 / sqft / month 1,450 sqft $1,421 Grandmont-Rosedale 48223
2021-05-20 Buy condo $211.00 / sqft 900 sqft $189,900 Brush Park 48201
2020-09-01 Rent luxury apartment $2.08 / sqft / month 740 sqft $1,539 Riverfront 48226
2020-07-09 Buy single-family home $91.00 / sqft 2,400 sqft $218,400 Boston-Edison 48206
2019-10-01 Rent duplex $0.93 / sqft / month 1,180 sqft $1,097 Southwest Detroit 48209
2019-04-22 Buy single-family home $78.00 / sqft 2,050 sqft $159,900 East English Village 48224
2018-08-15 Rent apartment $1.64 / sqft / month 675 sqft $1,107 Midtown 48201
2018-06-18 Buy loft $182.00 / sqft 1,040 sqft $189,280 Downtown 48226
2017-11-01 Rent single-family home $0.76 / sqft / month 1,500 sqft $1,140 Bagley 48221
2017-05-11 Buy townhouse $92.00 / sqft 1,250 sqft $115,000 Lafayette Park 48207
2016-10-01 Rent condo $1.43 / sqft / month 830 sqft $1,187 Downtown 48226
2016-04-29 Buy single-family home $68.00 / sqft 2,300 sqft $156,400 West Village 48214
2015-09-15 Rent apartment $1.16 / sqft / month 710 sqft $824 New Center 48202
2015-03-27 Buy single-family home $52.00 / sqft 1,800 sqft $93,600 Rosedale Park 48223
2014-12-01 Rent duplex $0.72 / sqft / month 1,160 sqft $835 Woodbridge 48208
2014-05-16 Buy condo $137.00 / sqft 860 sqft $117,820 Brush Park 48201
2013-08-01 Rent single-family home $0.62 / sqft / month 1,420 sqft $880 Morningside 48224
2013-04-05 Buy single-family home $39.00 / sqft 1,920 sqft $74,880 Bagley 48221
2012-10-01 Rent townhouse $0.91 / sqft / month 1,050 sqft $956 Lafayette Park 48207
2012-06-20 Buy single-family home $26.00 / sqft 1,550 sqft $40,300 Russell Woods 48238
2011-07-15 Rent apartment $0.87 / sqft / month 650 sqft $566 Corktown 48216
2011-02-28 Buy duplex $20.00 / sqft 2,200 sqft $41,800 Chadsey-Condon 48210
2010-09-01 Rent loft $1.02 / sqft / month 800 sqft $816 Downtown 48226
2010-05-14 Buy single-family home $20.00 / sqft 1,280 sqft $23,040 Warrendale 48228
2009-11-01 Rent single-family home $0.48 / sqft / month 1,325 sqft $636 Osborn 48205
2009-09-22 Buy multi-family home $20.00 / sqft 3,300 sqft $46,200 Boston-Edison 48206
2008-12-12 Buy single-family home $34.00 / sqft 1,710 sqft $58,140 East English Village 48224
2008-07-01 Rent apartment $0.79 / sqft / month 725 sqft $573 New Center 48202
2007-08-01 Rent single-family home $0.53 / sqft / month 1,500 sqft $795 Greenfield 48235
2007-04-17 Buy condo $122.00 / sqft 1,040 sqft $126,880 Riverfront 48226
2006-10-01 Rent duplex $0.56 / sqft / month 1,180 sqft $661 Mexicantown 48209
2006-06-30 Buy single-family home $63.00 / sqft 2,450 sqft $154,350 Sherwood Forest 48221
2005-11-15 Rent apartment $0.93 / sqft / month 680 sqft $632 Midtown 48201
2005-05-24 Buy single-family home $58.00 / sqft 2,100 sqft $121,800 Grandmont-Rosedale 48223
2004-09-01 Rent townhouse $0.78 / sqft / month 1,040 sqft $811 Lafayette Park 48207
2004-03-19 Buy loft $96.00 / sqft 980 sqft $94,080 Downtown 48226
2003-10-01 Rent single-family home $0.49 / sqft / month 1,450 sqft $711 Morningside 48224
2003-06-27 Buy duplex $29.00 / sqft 2,400 sqft $69,600 Islandview 48214
2002-12-01 Rent condo $0.88 / sqft / month 780 sqft $686 Downtown 48226
2002-04-08 Buy single-family home $49.00 / sqft 1,850 sqft $90,650 University District 48221
2001-08-15 Rent apartment $0.68 / sqft / month 590 sqft $401 North End 48202
2001-03-16 Buy single-family home $31.00 / sqft 1,600 sqft $49,600 Russell Woods 48238
2000-11-01 Rent duplex $0.51 / sqft / month 1,150 sqft $587 Woodbridge 48208
2000-05-03 Buy condo $71.00 / sqft 920 sqft $65,320 Midtown 48201
1999-07-01 Rent single-family home $0.44 / sqft / month 1,380 sqft $607 Schulze 48235
1999-02-19 Buy townhouse $52.00 / sqft 1,150 sqft $59,800 Lafayette Park 48207
1998-10-15 Rent apartment $0.61 / sqft / month 700 sqft $427 Corktown 48216
1998-06-11 Buy single-family home $42.00 / sqft 2,050 sqft $86,100 Indian Village 48214
1997-09-01 Rent loft $0.73 / sqft / month 850 sqft $621 Downtown 48226
1997-04-25 Buy single-family home $36.00 / sqft 1,780 sqft $64,080 Rosedale Park 48223
1996-12-01 Rent duplex $0.42 / sqft / month 1,100 sqft $462 Chadsey-Condon 48210
1996-07-09 Buy multi-family home $20.00 / sqft 3,200 sqft $51,200 Dexter-Linwood 48206
1995-10-01 Rent apartment $0.55 / sqft / month 610 sqft $336 New Center 48202
1995-05-12 Buy single-family home $24.00 / sqft 1,460 sqft $35,040 Bagley 48221
1994-08-01 Rent townhouse $0.52 / sqft / month 980 sqft $510 Lafayette Park 48207
1994-03-30 Buy condo $58.00 / sqft 760 sqft $44,080 Downtown 48226
1993-11-15 Rent single-family home $0.39 / sqft / month 1,250 sqft $488 Warrendale 48228
1993-06-22 Buy duplex $20.00 / sqft 2,100 sqft $37,800 Southwest Detroit 48209
1992-09-01 Rent apartment $0.47 / sqft / month 720 sqft $338 Midtown 48201
1992-04-18 Buy single-family home $22.00 / sqft 1,320 sqft $29,040 East English Village 48224

Housing market overview for Detroit, MI

The real estate market in Detroit, MI can be compared more clearly by looking at price per square foot. Current estimates show an average buy price of $75.00 / sqft and an average rent of $1.69 / sqft / month.

Buyers can use the purchase price per square foot to compare homes, condos and apartments of different sizes. Renters can use monthly rent per square foot to compare different rental listings more accurately.

The reported values on this page show how prices can vary by neighborhood, property type, size and condition. Historical values help explain whether the local market has been rising, stable or cooling.

Frequently asked questions

What is the average home price per square foot in Detroit?

The average residential buy price in Detroit, MI is $75.00 / sqft based on the current values available on this page.

How much is rent per square foot in Detroit?

The average rental price in Detroit, MI is $1.69 / sqft / month. Actual rents can vary by neighborhood, property type and building quality.

Are property prices in Detroit increasing?

Buy prices have increased by about 12.8% over the last 5 years. Rent prices have increased by about 11.2% over the last 5 years. These 5-year trends are based on the available individual historical comparable values.