Markets/Michigan/Detroit-Warren-Dearborn

Detroit-Warren-Dearborn, MI Real Estate Market 2026

Investor-grade market analytics for Detroit-Warren-Dearborn, Michigan. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through July 2026.

Median Home Price

$270,370

+2.3% year-over-year

Est. Rental Yield

6.8%

gross annual

12-Month Forecast

+2.3%

base case (Zillow ZHVF)

+2.3% year-over-year

Climate Risk

52/100

Moderate

Market Momentum

➡️
Neutral
3.3mo supply · Score 0/7

Net migration: Bottom 1% nationally

Income Migration

📉 Wealth Drain0.86x

In-migrants avg $73,617 AGI vs out-migrants $85,780

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Opportunity Zone Market

56 ZIP codes in Detroit-Warren-Dearborn are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →

Detroit-Warren-Dearborn Market Summary

Detroit-Warren-Dearborn, MI shows steady growth at 2.3% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability remains favorable with a price-to-income ratio of 3.6x, below the national average of 4.8x. Net negative migration (-7,431 returns/year) is reducing housing demand pressure. Climate risk is moderate (52/100) with manageable exposure. Rental yield of 6.79% is strong, making this market attractive for buy-and-hold investors.

Affordability

Affordability Score91/100
Price-to-Income Ratio3.6x (national avg 4.8x)
Median Household Income$75,123

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case+1.1%
Base Case+2.3%
Bull Case+3.4%

Climate & Natural Hazard Risk

Detroit-Warren-Dearborn, MI's primary climate exposure is wind storms (80/100). The composite climate risk score of 52/100 (Moderate) indicates overall risk with manageable exposure that should be factored into investment analysis. Buyers should consider climate-related insurance costs and potential future regulatory changes.

Source: FEMA National Risk Index

Get the full Detroit-Warren-Dearborn dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.