Detroit, MI
Metro area in Michigan · Updated Jan 2026
12-Month Forecast ↑ +1.2%
Median Home Value
$254,400
↑ +3.3%
Year-over-year
Median Rent
$1,455/mo
↑ +2.7%
Year-over-year
Rental Yield
6.9%
Excellent for investors
5-Year Appreciation
+33.1%
Income Needed to Buy
$69,212
20% down, 30% DTI max
Active Listings
12,577
For-sale inventory
Price-to-Rent Ratio
14.6
Favors buying
Price Forecast
1 Month
↑ +0.3%
3 Months
↑ +0.8%
12 Months
↑ +1.2%