Detroit - RealtyWire

Market Datavs. 1 year ago

30-year mortgage6.71%▲ +0.21 pts15-year mortgage6.04%▲ +0.44 pts10-year Treasury4.79%▲ +0.51 ptsMortgage spread1.92 pts▼ -0.30 ptsMedian list price$429k▼ -2.4%List $/sqft$226▼ -2.2%Days on market57▼ -1 daysActive listings1.13M▲ +2.1%New listings424k▼ -2.5%Pending sales470k▲ +1.9%Housing starts1.24M▼ -13.5%Building permits1.43M▲ +2.4%New-home sales607k▼ -6.3%Existing-home sales4.06M▲ +0.7%Months of supply9.6▲ +0.4 moMortgage delinquency1.86%▲ +0.08 pts

as of Sep 2026

Detroit, Michigan Metro Area Top 5 Home Sales: Newly Built Commerce Township Home Tops the Week at $2.24 Million

August 18, 2026

Detroit, Michigan Metro Area Top 5 Home Sales — week ending August 16, 2026

A newly built Commerce Township house sold for $2.24 million to lead the five highest-priced home sales reported in the Detroit metro area for the week ending August 16, 2026.

Detroit, Michigan Metro Area Top 5 Home Sales, Week Ending August 9, 2026: Orchard Lake Closing Tops the Week at $2.85 Million

August 19, 2026August 12, 2026

A 2017 waterfront house on Upper Straits Lake in Orchard Lake sold for $2.85 million to lead the five highest-priced home sales publicly reported in the Detroit, Michigan metro area for the week ending August 9, 2026.

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