The typical home in Detroit is listed at $116,000, +0.1% on a year earlier. Projected forward, a typical home would be worth about $116,000 in 2027 and $153,000 in 2031.
The first 2 years follow this year's change in list prices (+0.1%); later years use the Federal Housing Finance Agency's house price index average for these ZIP codes from 2020 to 2025 (+9.6% a year).
Detroit home values by year
| Year | Typical home value | Annual change used |
|---|---|---|
| 2026 (now) | $116,000 | — |
| 2027 (projected) | $116,000 | +0.1% (this year's listings) |
| 2028 (projected) | $116,000 | +0.1% (this year's listings) |
| 2031 (projected) | $153,000 | +9.6% (FHFA 2020–2025) |
Homes for sale in these ZIP codes have been on the market a median of 54 days.
By ZIP code
| ZIP | Median list price | A year ago | Sale listings | FHFA trend 2020–2025 |
|---|---|---|---|---|
| 48228 | $84,999 | $89,000 | 368 | No ZIP index |
| 48235 | $128,900 | $115,000 | 299 | +9.7%/yr |
| 48219 | $85,000 | $100,000 | 311 | +9.6%/yr |
| 48212 | $149,900 | $130,000 | 188 | +11.5%/yr |
| 48221 | $172,000 | $179,999 | 326 | +8.3%/yr |
| 48227 | $99,000 | $95,999 | 388 | +8.7%/yr |
Read this with care
List prices are what sellers ask, not what homes sell for, and a one-year change in them can swing with what happens to be on the market. The FHFA trend covers 2020 to 2025, including the pandemic-era run-up, so it may overstate where prices go from here. The projection is both trends carried forward, not a call on the next turn.
Source: RentCast market data for 6 of Detroit's 27 ZIP codes (the most populous, home to 41% of residents in the city's ZIP codes, per the Census Bureau's ACS 2023). A ZIP counts only with at least 20 active listings. Retrieved October 14, 2026. Figures are listing-weighted averages of ZIP medians, not an appraisal. How Predictye calculates this.
Frequently asked questions
What will homes in Detroit, MI be worth in 2027?
A typical $116,000 home would be worth about $116,000 in 2027. The first 2 years follow this year's change in list prices (+0.1%); later years use the Federal Housing Finance Agency's house price index average for these ZIP codes from 2020 to 2025 (+9.6% a year).
What is the typical home price in Detroit, MI?
The typical list price is $116,000, across 1,880 active sale listings in 6 ZIP codes.
Are home prices in Detroit going up or down?
Over the past year, list prices in these ZIP codes moved +0.1%. The longer FHFA trend from 2020 to 2025 is +9.6% a year.