Market Intelligence Report — MI-820

Detroit-Warren-Dearborn, MI

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-MI-09
As of the latest 2026 data
Cooling

Median Listing

$275K
-0.0% YoY

Pending Ratio

0.47
-9.1% YoY

Active Inventory

12,050
+13.0% YoY

Median DOM

43 Days
+7.6% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's cooling Detroit-Warren-Dearborn market?

Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Detroit-Warren-Dearborn, MI.

Free ReportNo Sign-up~60 Seconds

The Detroit-Warren-Dearborn metropolitan area currently presents a Cooling market condition, characterized by a pending ratio of 0.47. This ratio, while within a generally balanced range, reflects a 9.1% year-over-year decline, signaling a decelerating pace of transactions relative to available inventory.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

5.6%+0.7 pp YoY

Unemployment rate · Sep 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

4.39M+0.3% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

591-30.8% YoY

Building permits (private housing units) · Sep 2026

Shows whether future inventory pressure may increase.

U.S. Census Bureau building permits via FRED (St. Louis Fed).

Market Analysis

What's moving the Detroit-Warren-Dearborn market right now.

Inventory levels have expanded significantly, with active listings increasing by 13.0% over the past year. This growth occurred despite a 6.5% year-over-year reduction in new listings. Concurrently, the median days on market extended by 7.6% over the past year to 43 days, indicating a slower absorption of available properties. The share of properties with price reductions also increased by 2.8% year-over-year, reaching 21.5%.

Historical Analysis

Market Trends

Median Price

$275K-0.0% MoM

Active Inventory

12,050+13.0% YoY

Days on Market

43+7.6% YoY

Sold Score™

65-9.1% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

65
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a notable increase in active listings and a lengthening median time on market, demand absorption is moderating. This suggests a shifting dynamic where properties may require more time to transact, and greater price discipline from sellers is likely to be observed as inventory pressure builds.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

12,050 active listings represent the current floor, with new supply arriving at roughly 5,436 per month.

Pricing Pressure
21.5%

of active listings carry a price reduction, +2.8% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +2.8% year-over-year.

Absorption
0.47

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Detroit-Warren-Dearborn, MI? Homes here are taking 3 days longer to sell than last year.

Detroit-Warren-Dearborn, MI is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
47%
Median Days on Market
43 days
Inventory YoY
+13%

Detroit-Warren-Dearborn, MI is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

Check my home's Sold Score →

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Metro Demographics

Metro Area
Detroit-Warren-Dearborn, MI
CBSA Code
19820
State
MI

ZIPs in Detroit-Warren-Dearborn, MI

Sorted by active inventory · click a ZIP for its full report