Market Intelligence Report — MI-820
Detroit-Warren-Dearborn, MI
Monthly housing intelligence, market trends, and trusted local expertise.
Ref. No: 2026-MI-04
Updated: April 2026
Updated: April 2026
Median Listing
$249K
-1.8% YOY
Pending Ratio
0.63
-16.1% YOY
Active Inventory
8,606
+20.0% YOY
Median DOM
39 Days
+6.9% YOY
Market Signals & Indicators
Supply Dynamics
8,606 active listings represent the current floor, with new supply arriving at roughly 6,058 per month.
Pricing Pressure
13.5%
of active listings carry a price reduction, +0.9% from prior period.
$/Sq Ft
$0K
Median price per square foot has moved +0.5% year-over-year.
Absorption
0.63
Pending-to-active ratio — supply and demand dynamics are mixed.
Metro Demographics
Metro Area
Detroit-Warren-Dearborn, MI
CBSA Code
19820
State
MI