Market Intelligence Report — MI-820

Detroit-Warren-Dearborn, MI

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

Ref. No: 2026-MI-08
As of the latest 2026 data
Stabilizing

Median Listing

$275K
-1.4% YoY

Pending Ratio

0.53
-7.1% YoY

Active Inventory

11,620
+13.6% YoY

Median DOM

40 Days
+5.3% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's stabilizing 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.

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The Detroit-Warren-Dearborn market is currently stabilizing, with a pending ratio of 0.53, indicating a balanced absorption of available inventory. Active listings have expanded by 13.6% year-over-year, contributing to a more moderated market environment. The median listing price holds at $275,000.

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

6.0%+0.4 pp YoY

Unemployment rate · Jul 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

623-28.8% YoY

Building permits (private housing units) · Jul 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.

Active listings have increased by 13.6% over the past year, while new listings show a modest 0.8% year-over-year gain. The pending ratio has declined by 7.1% year-over-year to 0.53, suggesting a slight slowdown in demand relative to supply. Median days on market extended by 5.3% over the past year, reaching 40 days, which aligns with the observed moderation in demand pace. The median listing price remains flat month-over-month and shows a slight depreciation of 1.4% year-over-year.

Historical Analysis

Market Trends

Median Price

$275K+0.0% MoM

Active Inventory

11,620+13.6% YoY

Days on Market

40+5.3% YoY

Sold Score™

63-7.1% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

63
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 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 pending ratio of 0.53 and an expanding inventory, properties are experiencing longer market durations, requiring greater price discipline from sellers. The growth in active listings and a decreasing pending ratio suggest that properties may need to be priced competitively to attract offers, as inventory absorption is not as rapid as in prior periods. This environment suggests a more deliberate transaction pace and greater negotiation flexibility.

Luxury Segment

The average listing price decreased by 2.3% over the past year, diverging from the stable median listing price. This divergence, coupled with a median $/sqft increase of 1.7%, indicates some softening within the higher price segments, where larger properties or specific amenities may face more scrutiny.

Supply Dynamics

11,620 active listings represent the current floor, with new supply arriving at roughly 6,220 per month.

Pricing Pressure
19.4%

of active listings carry a price reduction, +1.6% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +1.7% year-over-year.

Absorption
0.53

Pending-to-active ratio — Stabilizing.

Recommended For This Market

Stabilizing

Selling in Detroit-Warren-Dearborn, MI? Inventory is up 14% from 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
53%
Median Days on Market
40 days
Inventory YoY
+14%

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

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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