Detroit has one of the nation’s most affordable housing markets. According to Redfin's December 2023 report, the city's median sales price is $85,000, up 21.4% compared to the previous year. With over 624,000 people living in the city, Detroit has one of the Midwest region’s densest populations. Investors have long favored the area due to its affordability and high rental returns, per Norada. Just this year, the number of homes sold increased by 3.8%, reaching a peak of 465 in a single month. To help you decide what’s best for you, we have listed the top-rated Realtors® in the area.
Welcome to Real Estate Insights Magazine – where the vast and dynamic world of real estate comes alive on every page! Established in [Year], our magazine has been at the forefront of delivering insightful, up-to-date information to real estate professionals, investors, and home enthusiasts alike. Our Mission: We are dedicated to providing our readers with comprehensive coverage of the latest trends, market analyses, and success stories in the real estate sector. Our goal is to inform, inspire, and influence the real estate community, from seasoned experts to those just stepping into this exciting field.