The median home value in Detroit, MI is $83,550This is lower than the county median home value of $150,000.
The national median home value is $308,980.
The average price of homes sold in Detroit, MI is $83,550.
Approximately 39% of Detroit homes are owned, compared to 37% rented, while 24% are vacant.
Detroit real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Detroit real estate agent to arrange a tour today! Learn more about Detroit.
Build your dream home on this large vacant lot that features a circular driveway as well as 68 frontage feet. Close by Schools, parks, and expressway. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. Please note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing.
Bob Witt Cell: (810) 459-4847 Office: (517) 546-6440 Email
Berkshire Hathaway HomeServices does not endorse any of the products or vendors, referenced on this material.
Any mention of vendors, products, or services is for informational purposes only.
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Courtesy: EXP Realty LLC
