Found 2 blog entries tagged as Detroit market update.

Detroit just hit a housing milestone that would have been unthinkable a decade ago: the median home sale price in the city has climbed into the six figures. In June 2025, the typical Detroit house sold for over $100,000, the first time ever values have reached that benchmark. That price is roughly one-third higher than it was a year earlier, reflecting a dramatic 32%+ surge in values this past June alone. For a city long known for ultra-affordable real estate, crossing the $100K mark is a big deal. It signals a new chapter in Detroit’s ongoing comeback and has plenty of locals scratching their heads (and checking their home equity).

In this article, we’ll break down why Motor City home prices are rising so fast, what’s happening in different…

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Metro Detroit’s housing market is making headlines, and for once, it’s not the usual story of steady-as-she-goes growth. Home prices in the Motor City metro are soaring at one of the fastest rates in the nation. In fact, recent data showed Metro Detroit near the very top of U.S. cities for annual home price appreciation. Detroit even briefly held the #1 spot for fastest-rising prices late last year. This surge has caught the attention of families and industry experts alike. What’s fueling this sudden rise, and what does it mean for local buyers and sellers? Let’s break it down, with the friendly insight of a lifelong Michigander who’s seen a thing or two in this market.

Metro Detroit Home Prices Soar to the Top of the Charts

It might surprise…

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