Housing in Detroit, Michigan
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| Median Home Age | 61.5 | 35.1 |
| Median Home Cost | $30,000 | $153,800 |
| Home Appreciation | 1.61% | 1.62% |
| Homes Owned | 39.44% | 57.69% |
| Housing Vacant | 22.83% | 11.38% |
| Homes Rented | 37.72% | 30.93% |
| Property Tax Rate | $15.50 | $11.20 |
OWNER-OCCUPIED HOUSING UNITS BY VALUE
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| Less Than $20,000 | 16.65% | 2.72% |
| $20,000 to $39,999 | 22.96% | 4.03% |
| $40,000 to $59,999 | 31.96% | 5.58% |
| $60,000 to $79,999 | 15.19% | 7.09% |
| $80,000 to $99,999 | 5.91% | 8.80% |
| $100,000 to $149,999 | 4.80% | 21.26% |
| $150,000 to $199,999 | 1.34% | 14.87% |
| $200,000 to $299,999 | 0.71% | 16.82% |
| $300,000 to $399,999 | 0.16% | 7.83% |
| $400,000 to $499,999 | 0.09% | 4.04% |
| $500,000 to $749,999 | 0.23% | 4.05% |
| $750,000 to $999,999 | 0.00% | 1.26% |
| $1,000,000 or more | 0.00% | 1.64% |
HOUSING UNITS BY YEAR STRUCTURE BUILT
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| 1999 to 2005 | 6.00% | 13.71% |
| 1995 to 1998 | 1.53% | 14.31% |
| 1990 to 1994 | 1.53% | 14.31% |
| 1980 to 1989 | 2.01% | 13.87% |
| 1970 to 1979 | 4.57% | 16.17% |
| 1960 to 1969 | 7.90% | 11.70% |
| 1950 to 1959 | 23.30% | 11.08% |
| 1940 to 1949 | 25.48% | 6.02% |
| 1939 or Earlier | 29.20% | 13.15% |
The median home value in Detroit, MI, is $30,000. Home appreciation is 1.61% over the last year. The median age of Detroit, MI, real estate is 62 years.
Detroit, MI Apartments and Rentals
Renters make up 37.72% of the Detroit, MI, population. 22.83% of houses and apartments in Detroit, MI, are unoccupied (vacancy rate).
Detroit Housing SperlingViews
re: Detroit sucks so hard - 9/4/2012: I have to agree with you. I was born and raised in Detroit and the lack of civilized people is what is prevalent. People just don't seem to care about anything except... (read more)Detroit sucks so hard : It's pretty bad here, people have non heart so to kill, steal or invade someone property is all to common here. Crime happen here because the bad outweigh the good ... (read more)re: Detroit is NICE! - 10/22/2009: Isn't it funny how many people on here trashing Detroit don't actually live there? OK, so I don't live there either but I visit downtown Detroit quite often and I always... (read more)Have an opinion about Detroit? Leave a commentTo See All SperlingViews for Detroit Click Here
