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Detroit, MI Housing

 
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As of 2006-2010, median price of a house in Detroit is $80,400, which is lower than the state average of $123,300 and is much lower than the national average of $179,900. The Detroit median house value has grown by 26.42% since 2000. The growth rate for the price of a house in Detroit is higher than the state average rate of 6.66% and is lower than the national average rate of 50.42%. The median year that a house in Detroit was built is 1946, which is older than the median year for a house built in the state which is 1969 and is older than the median year for a house built in the USA which is 1975.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 135,864 Owner Occupied Houses in Detroit, MI, #565
Detroit, MI
53,900 USD
Michigan
123,300 USD
U.S.
179,900 USD
Median House Price Growth Since 2000, #296
Detroit, MI
26.42%
Michigan
6.66%
U.S.
50.42%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010 data. View historical house value data.

Housing Occupancy

 Detroit, MI%MichiganU.S.
Total Housing Units349,170, see rank100%4,532,233131,704,730
Occupied Housing Units269,44577.17%, see rank85.44%88.62%
Owner Occupied137,73039.44%, see rank61.63%57.69%
Renter Occupied131,71537.72%, see rank23.81%30.93%
Vacant Housing Units79,72522.83%, see rank14.56%11.38%
For Rent29,2488.38%, see rank3.13%3.14%
For Sale Only5,5931.60%, see rank1.70%1.44%
Rented or Sold, Not Occupied3,5781.02%, see rank0.54%0.48%
For Seasonal, Recreational, or Occasional Use7050.20%, see rank5.80%3.53%
For Migrant Workers40.00%, see rank0.04%0.02%
Other Vacant40,59711.63%, see rank3.34%2.77%

*Based on 2010 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #600
Detroit, MIMichiganU.S.
194619691975

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010 data. View historical year structure built data.

Mortgage Status

 Detroit, MI%MichiganU.S.
Owner-Occupied Units135,864100%2,769,47474,873,372
With a Mortgage75,27255.40%, see rank66.01%67.23%
Without a Mortgage60,59244.60%, see rank33.99%32.77%

*Based on 2010 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Detroit, MI
1,088 USD
Michigan
1,288 USD
U.S.
1,496 USD

Owner Costs Distribution
Monthly Owner CostsDetroit, MI%MichiganU.S.
$299 or Less1450.19%, see rank0.15%0.20%
$300 to $4992,5013.32%, see rank2.18%1.85%
$500 to $6998,23110.94%, see rank6.78%5.47%
$700 to $99920,51827.26%, see rank19.56%14.91%
$1,000 to $1,49930,00939.87%, see rank34.60%27.80%
$1,500 to $1,9998,85111.76%, see rank20.21%19.99%
$2,000 to $2,9994,0865.43%, see rank12.53%19.07%
$3,000 or More9311.24%, see rank3.99%10.70%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Detroit, MI
30.00% of the Total Income
Michigan
24.60% of the Total Income
U.S.
25.10% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Detroit, MI%MichiganU.S.
10% or Less3,6134.80%, see rank4.32%4.75%
10% to 20%15,58520.70%, see rank30.26%28.79%
20% to 30%18,01523.93%, see rank28.65%28.13%
30% to 40%10,67414.18%, see rank14.48%15.08%
40% or More26,59135.33%, see rank21.76%22.74%

*Based on 2010 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Detroit, MI
449 USD
Michigan
442 USD
U.S.
431 USD

Owner Costs Distribution
Monthly Owner CostsDetroit, MI%MichiganU.S.
$199 or Less4,2967.09%, see rank5.57%8.72%
$200 to $2997,41012.23%, see rank14.15%16.53%
$300 to $49923,84139.35%, see rank42.10%36.04%
$500 to $69915,31525.28%, see rank24.35%20.06%
$700 or More9,73016.06%, see rank13.83%18.66%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Detroit, MI
18.10% of the Total Income
Michigan
13.90% of the Total Income
U.S.
12.80% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Detroit, MI%MichiganU.S.
10% or Less13,62822.49%, see rank33.19%38.30%
10% to 20%18,93831.25%, see rank34.43%32.35%
20% to 30%8,50014.03%, see rank14.19%12.77%
30% to 40%5,2838.72%, see rank6.34%5.93%
40% or More12,93021.34%, see rank10.51%9.43%

*Based on 2010 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Detroit, MI%MichiganU.S.
Total Housing Units360,675100%4,531,231131,791,065
1-unit, Detached235,61665.33%, see rank71.59%61.43%
1-unit, Attached26,0327.22%, see rank4.53%5.81%
2 Units31,6008.76%, see rank2.84%3.83%
3 or 4 Units9,5262.64%, see rank2.60%4.44%
5 to 9 Units7,8302.17%, see rank4.19%4.81%
10 or More Units48,57813.47%, see rank8.73%13.04%
Mobile Home, Boat, RV, Van, etc.1,4930.41%, see rank5.50%6.64%

*Based on 2010 data. View historical units in structure data.

Rooms

 Detroit, MI%MichiganU.S.
Total Housing Units360,675100%4,531,231131,791,065
1 Room11,9143.30%, see rank1.20%1.97%
2 Rooms4,8761.35%, see rank1.71%2.39%
3 Rooms26,1397.25%, see rank7.11%9.11%
4 Rooms35,5269.85%, see rank14.57%16.75%
5 Rooms85,86523.81%, see rank21.48%20.45%
6 Rooms98,41627.29%, see rank20.08%18.25%
7 Rooms47,27313.11%, see rank13.32%12.30%
8 Rooms26,1947.26%, see rank9.24%8.51%
9 Rooms or More24,4726.79%, see rank11.30%10.29%
Median Rooms5.70, see rank-5.705.50

*Based on 2010 data. View historical rooms data.

Bedrooms

 Detroit, MI%MichiganU.S.
Total Housing Units360,675100%4,531,231131,791,065
No Bedroom12,6033.49%, see rank1.30%2.18%
1 Bedroom41,00911.37%, see rank9.16%11.25%
2 Bedrooms93,98226.06%, see rank26.75%26.95%
3 Bedrooms161,24344.71%, see rank43.81%39.67%
4 Bedrooms39,15610.86%, see rank15.51%15.80%
5 or More Bedrooms12,6823.52%, see rank3.47%4.14%

*Based on 2010 data. View historical bedrooms data.

House Heating Fuel

 Detroit, MI%MichiganU.S.
Total Housing Units255,201100%3,806,621114,567,419
Utility Gas226,20288.64%, see rank77.65%49.48%
Bottled, Tank, or LP Gas1,4500.57%, see rank8.70%5.04%
Electricity21,9648.61%, see rank7.46%35.42%
Fuel Oil, Kerosene, etc.1,4170.56%, see rank1.62%6.45%
Coal or Coke00.00%, see rank0.03%0.12%
Wood3650.14%, see rank3.38%2.08%
Solar Energy00.00%, see rank0.02%0.04%
Other Fuel1,1680.46%, see rank0.79%0.45%
No Fuel Used2,6351.03%, see rank0.36%0.92%

*Based on 2010 data. View historical house heating fuel data.

Gross Rent

Monthly RentalDetroit, MI%MichiganU.S.
Occupied Units Paying Rent109,894100%978,38337,521,157
$199 or Less3,5693.25%, see rank2.42%1.98%
$200 to $2994,8994.46%, see rank3.91%3.31%
$300 to $49914,53513.23%, see rank11.61%9.08%
$500 to $69927,91025.40%, see rank27.39%19.05%
$700 to $99934,03930.97%, see rank33.87%29.93%
$1,000 to $1,49923,56621.44%, see rank16.13%24.18%
$1,500 to $1,9991,3251.21%, see rank3.14%8.01%
$2,000 or More510.05%, see rank1.53%4.46%
Median$733, see rank-$730$855

*Based on 2010 data. View historical gross rent data.

Vehicle Available

 Detroit, MI%MichiganU.S.
Occupied Housing Units255,201100%3,806,621114,567,419
No Vehicles Available60,05423.53%, see rank7.83%9.08%
1 Vehicles Available122,56848.03%, see rank35.22%33.82%
2 Vehicles Available53,49620.96%, see rank38.76%37.58%
3 or More Vehicles Available19,0837.48%, see rank18.19%19.53%

*Based on 2010 data. View historical vehicle available data.


 
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