Detroit and Lansing, Michigan housing markets as of May 2025, designed for quick reference and citation by journalists and researchers.

---

🏡 Detroit & Lansing Housing Market Stats – May 2025

📌 Key Figures

• Detroit Median Home Sale Price: $100,000 (+12.4% YoY)

• Lansing Median Home Sale Price: $150,000 (+11.1% YoY)Redfin

---

📊 Market Metrics

Detroit

• Average Home Value: $78,028 (+1.9% YoY)

• Median List Price: $103,000

• Median Sale Price: $76,633

• Median Price per Sq Ft: $70

• Median Days to Pending: 30 days

• Median Days on Market: 49 days

• Sale-to-List Price Ratio: 0.968

• Homes Sold Over List Price: 24.5%

• Homes Sold Under List Price: 58.5%New York Post+2Wikipedia+2Century Communities+2Jayden Lukin R.+12KW Agent Sites+12Redfin+12Realtor+2Redfin+2Zillow+2Wikipedia+21Zillow+21Wikipedia+21WikipediaWKAR+13Zillow+13Zillow+13

Lansing

• Average Home Value: $160,330 (+5.9% YoY)

• Median List Price: $139,617

• Median Sale Price: $145,000

• Median Price per Sq Ft: $121

• Median Days to Pending: 14 days

• Median Days on Market: 35 days

• Sale-to-List Price Ratio: 0.994

• Homes Sold Over List Price: 35.8%

• Homes Sold Under List Price: 49.5%carlbkarlsen.pages.dev+2Zillow+2Zillow+2Wikipedia+4Zillow+4Zillow+4Century Communities+12The US Sun+12New York Post+12

---

🏘️ Inventory & Sales

Detroit

• Homes for Sale: 2,925

• New Listings (April 2025): 712

• Homes Sold (April 2025): 507 (↓13.6% YoY)Critical Hit+19Leslie W. Brownlee+19Maya Lara Blog - Maya Lara+19

Lansing

• Homes for Sale: 384

• New Listings (April 2025): 170

• Homes Sold (April 2025): 143 (↓14.4% YoY)

---

🏙️ Neighborhood Highlights

Detroit

• Corktown: $250,000 median price

• Midtown: $220,000 median price

• Boston-Edison: $315,000 median price

• Rosedale Park: $163,000 median price

• Gold Coast: $98,900 median price

Lansing

• Eastside: $140,000 median price

• Westside: $155,000 median price

• Downtown: $160,000 median price

• Southside: $135,000 median price

• Northside: $145,000 median price

---

💰 Rental Market

Detroit

• Average Rent: $1,351 (↑6.4% YoY)

• National Average Rent: $2,024Rocket

Lansing

• Average Rent: $1,200 (↑5.2% YoY)

• National Average Rent: $2,024SoFi+7Wikipedia+7Redfin+7

---

For more detailed information or specific neighborhood data, please refer to the cited sources.Wikipedia+2New York Post+2Leslie W. Brownlee+2