Detroit, Michigan
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Data-driven estimates for Detroit — with the methodology behind every number.
Detroit market snapshot
- Median Sale Price
- $430K
- Median Days on Market
- 65 days
- Active Listings
- 69
RentCast market data · Wayne County County, Michigan
About Detroit, Michigan
Detroit ( dih-TROYT, locally also DEE-troyt) is the most populous city in the U.S. state of Michigan. It is situated on the bank of the Detroit River across from the Canadian city of Windsor, Ontario. It is the 26th-most populous city in the United States and the largest U.S. city on the Canada–United States border, with a population of 639,111 at the 2020 census. The Metro Detroit area, at over 4.4 million people, is the 14th-largest metropolitan area in the nation and second-largest in the Midwest (after the Chicago metropolitan area). The county seat of Wayne County, Detroit is a significant cultural center known for its contributions to music, art, architecture, and design, in addition to its historical automotive and industrial background.
In 1701, French explorers Antoine de la Mothe Cadillac and Alphonse de Tonty founded Fort Pontchartrain du Détroit. During the late 19th and early 20th centuries, it became an important industrial hub at the center of the Great Lakes region. The city's population rose to be the fourth-largest in the nation by 1920, with the expansion of the automotive industry in the early 20th century. One of its main features, the Detroit River, became the busiest commercial hub in the world. In the mid-20th century, Detroit entered a state of urban decay that has continued to the present, as a result of industrial restructuring, the loss of jobs in the auto industry, and rapid suburbanization. Since reaching a peak of 1.85 million at the 1950 census, Detroit's population has declined by more than 65 percent. In 2013, Detroit became the largest U.S. city to file for bankruptcy, but successfully exited in 2014. In 2025, the U.S. Census Bureau reported that Detroit's population grew for a second consecutive year and led population growth in Michigan for the first time since the 1950s.
Detroit is a port on the Detroit River, one of the four major straits that connect the Great Lakes system to the St. Lawrence Seaway. The city anchors the third-largest regional economy in the Midwest and the 16th-largest in the United States. It is also best known as the center of the U.S. automotive industry, and the "Big Three" auto manufacturers—General Motors, Ford, and Stellantis North America (Chrysler)—are all headquartered in Metro Detroit. It houses the Detroit Metropolitan Airport, one of the most important hub airports in the United States. Detroit and the adjacent Canadian city of Windsor constitute the second-busiest international crossing in North America, after San Diego–Tijuana.
Detroit by the numbers
Population 636,644 · Median age 35.1 yrs · Census ACS 2023
Median household income
Detroit's median household income of $39,575 compares to $71,149 statewide and $78,538 nationally, per Census ACS 2023 5-year estimates.
Median age (years)
The median age in Detroit is 35.1 yrs, compared to 40.1 yrs for Michigan and 38.7 yrs nationally.
Gender split
Detroit is 47.5% male and 52.5% female, per Census ACS estimates.
Population trend — Detroit
Detroit's population declined 5.7% from 2019 to 2023, per Census ACS 5-year estimates.
Source: U.S. Census Bureau, American Community Survey 2023 5-year estimates.
Michigan government
Governor
Gretchen Whitmer
Democrat
U.S. Senators
House Representatives (13)
- Bergman, Jack (D-1)(R)
- Moolenaar, John R. (D-2)(R)
- Scholten, Hillary J. (D-3)(D)
- Huizenga, Bill (D-4)(R)
- Walberg, Tim (D-5)(R)
- Dingell, Debbie (D-6)(D)
- Barrett, Tom (D-7)(R)
- McDonald Rivet, Kristen (D-8)(D)
- McClain, Lisa C. (D-9)(R)
- James, John (D-10)(R)
- Stevens, Haley M. (D-11)(D)
- Tlaib, Rashida (D-12)(D)
- Thanedar, Shri (D-13)(D)
Source: Congress.gov, Wikidata. Federal legislators represent Michigan statewide or by congressional district.
Detroit economy
Several major corporations are based in the city, including three Fortune 500 companies. The most heavily represented sectors are manufacturing (particularly automotive), finance, technology, and health care. The most significant companies based in Detroit include General Motors, Rocket Mortgage, Ally Financial, Compuware, Shinola, American Axle, Little Caesars, DTE Energy, Lowe Campbell Ewald, Blue Cross Blue Shield of Michigan, and Rossetti Architects. About 80,500 people work in downtown Detroit, comprising one-fifth of the city's employment base. Aside from the numerous Detroit-based companies listed above, downtown contains large offices for Comerica, Stellantis (formerly Chrysler), Fifth Third Bank, HP Enterprise, Deloitte, PricewaterhouseCoopers, KPMG, and Ernst & Young. Ford Motor Company is in the adjacent city of Dearborn. Thousands more employees work in Midtown, north of the central business district. Midtown's anchors are the city's largest single employer Detroit Medical Center, Wayne State University, and the Henry Ford Health System in New Center. Midtown is also home to watchmaker Shinola and an array of small and startup companies. New Center bases TechTown, a research and business incubator hub that is part of the Wayne State University system. Like downtown, Corktown Is experiencing growth with the new Ford Corktown Campus under development.
Source: Wikipedia article on Detroit under CC BY-SA 4.0.
Detroit real estate news
Recent news about the Detroit housing market. Source: Google News.
- Black bear caught on camera Downriver; how to avoid an encounter - The Detroit NewsThe Detroit News·
- New poll shows Jocelyn Benson leading Michigan governor race - Detroit Free PressDetroit Free Press·
- New poll shows surging El-Sayed leading Senate nomination race - Detroit Free PressDetroit Free Press·
- Disaster assessment begins in 30 counties, 1 city after April storms - Detroit Free PressDetroit Free Press·
- GM laying off hundreds of IT workers globally, citing need for new skills - Detroit Free PressDetroit Free Press·
Detroit real estate — frequently asked questions
- What is the median home price in Detroit?
- The median home sale price in Detroit, MI is $430,000, based on the most recent available sales data.
- How long do homes stay on the market in Detroit?
- Homes in Detroit sell in a median of 65 days.
- What is the cost of living like in Detroit?
- Detroit has a median household income of $39,575, per U.S. Census Bureau ACS estimates.
- Who lives in Detroit?
- Detroit has a population of 636,644 with a median age of 35.1 years, per U.S. Census Bureau ACS estimates.
- How do I sell my home in Detroit?
- Start with a free, no-obligation home value estimate. Enter your address above and we'll connect you with a licensed local real-estate professional familiar with the Detroit market within 24 hours.
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ForSaleAmerica.com is an online marketplace and is not a real estate brokerage in Michigan. Property valuations shown are automated estimates based on public data and are not appraisals, comparative market analyses, or guarantees of sale price. We connect homeowners with top local agents and partners — we do not represent buyers or sellers.
