Detroit home values (September 2026)
The typical home in the Detroit, MI metro is worth $264,316, +1.8% over the last 12 months. Updated monthly from Zillow Research data.
- Typical value
- $264,316
- 1-year change
- +1.8%
- 5-year change
- +21.9%
- 10-year change
- +87.2%
Where Detroit stands
- #81 most expensive of the 100 largest U.S. metros; #41 by 1-year price growth.
- At or near its all-time high ($264,316).
Home equity in Detroit
At an 85% combined loan-to-value cap, a typical $264,316 home supports up to $224,669 of total borrowing. With a typical mortgage still owed, about $76,652 of equity would be available as a line of credit. Run your own numbers in the HELOC calculator.
Compare nearby metros
- Grand Rapids, MI — $355,636 (+4.9% 1-yr)
- St. Louis, MO — $273,164 (+3.3% 1-yr)
- Syracuse, NY — $268,949 (+6.6% 1-yr)
- Birmingham, AL — $260,710 (+2.4% 1-yr)
- Greensboro, NC — $260,556 (+0.8% 1-yr)
Frequently asked questions
What is the typical home value in Detroit?
The typical home in the Detroit, MI metro area is worth about $264,316 as of September 2026, according to the Zillow Home Value Index (mid-tier homes, seasonally adjusted). That ranks #81 of the 100 largest U.S. metros.
Are home prices in Detroit going up or down?
Over the past 12 months the typical value changed +1.8% (#41 of 100 large metros by 1-year growth). Over 5 years it changed +21.9%, and over 10 years +87.2%. Values are at or near their all-time high.
How much home equity could a Detroit homeowner borrow against?
Lenders typically cap combined loan-to-value at about 85%. On a typical $264,316 home that's $224,669 of total borrowing; after a typical existing mortgage (about 56% of value) roughly $76,652 would remain as a line of credit. This is an illustration, not an offer — your figure depends on your own balance, credit and appraisal.
Data: Zillow Research, Zillow Home Value Index (all homes, mid tier, smoothed and seasonally adjusted), September 2026. Equity figures are illustrative. Download the full dataset.