Investor-grade market analytics for Detroit-Warren-Dearborn, Michigan. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.
$254,400
+3.3% year-over-year
6.9%
gross annual
-6.1%
base case (Zillow ZHVF)
-6.1% year-over-year
Migration: Top 99% nationally
In-migrants avg $73,617 AGI vs out-migrants $85,780
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, MI shows steady growth at 3.3% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability remains favorable with a price-to-income ratio of 3.39x, 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 6.87% is strong, making this market attractive for buy-and-hold investors.
12-month projection (Zillow ZHVF model)
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
Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.