Detroit, MI Real Estate and Housing Stats

Produced by Realty.com, this video provides a snapshot of the Detroit real estate market.

Detroit ranks as the 11th most populous metropolitan area in the United States. According the National Association of Realtors, Detroits's average home price in 2007 is $144,600. In 2005, the US Census Bureau told us that the average household income for the state of Michigan is $46,039. Detroit is subject to MI's 11.2% tax rate, which ranks as the 15th most taxed state in the union.

For more real estate information, and to gain full access to all MLS, For Sale by Owner, and Foreclosure listings for the Detroit area, visit us at Realty.com.

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