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Welcome to HomeInsight for Detroit, MI

Complimentary Market Snapshot. Find out your home's current value.
Residential Single Family   Condo / Townhouse
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HomeInsight provides you with complimentary home valuation tools that instantly show you recent home sales and house values in Detroit. Simply enter your street address and zip code to continue.
Here are some local factors that affect home values in Detroit.

Detroit Financial Statistics

Median household income
(per year)
$32,272
Income change over time
(increase since 1990)
63.42%
Sales tax 6.00%
State income tax rate
(highest bracket)
n/a
State income tax rate
(lowest bracket)
3.90%
Auto insurance premiums
(average for the state)
$868

Detroit Housing

Median home price $126,389
Home price gain
(2-5 year gain)
12.31%

Detroit Education

Colleges, universities and professional schools
(within 30 miles)
29
Junior colleges and technical institutes
(within 30 miles)
9

Detroit Quality of Life

Personal crime risk
(100 is national average, lower is better)
432
Property crime risk
(100 is national average, lower is better)
316

Detroit People

Population
(town and surrounding area)
862,195
Population change over time
(increase since 1990)
-10.28%
Median age 31

Detroit Leisure & Culture

Movie theaters
(within 15 miles)
43
Restaurants
(within 15 miles)
4,025
Bars
(within 15 miles)
681
Public golf courses
(within 30 miles)
150
Libraries
(within 15 miles)
135
Museums
(MAA accredited; within 30 miles)
3

Detroit Weather

Annual precipitation
(inches)
33.69
High temp in July
(degrees F)
84.80
Low temp in Jan
(degrees F)
17.10
Heating days 8,423
Cooling days 244

* Degree days are a calculation used to estimate heating and cooling costs. Heating Degree Days is the annual sum of the degrees above 68 for each day's average temperature. Cooling Degree Days is the annual sum of the degrees below 68 for each day's average temperature. How is this meaningful? If there is a predominance of one type of degree day over another; that indicates either a very hot or very cold environment. If both numbers are large, that generally indicates a very variable climate. If both numbers are small, that generally indicates a more consistent climate.

The data here represents the zip codes associated with town name. The listed populations often include areas outside an incorporated municipality. Information provided by Onboard Informatics.

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