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Explore My Properties
Metro Detroit Michigan

MICHIGAN MARKET DATA

The Numbers Matter.
So Does the Place.

Explore local housing trends across Detroit, Pontiac, Birmingham and the communities around them — with the context needed to understand what the numbers actually mean.

HOW TO READ THE MARKET

A median price never tells the whole story.

Market statistics are useful. But real estate happens one neighborhood, one street, and one property at a time.

Inventory, average sale price, days on market, list-to-sale ratio, and buyer demand can tell us how a market is moving.

What those numbers cannot tell you by themselves is why one Boston-Edison house performs differently than another, why Birmingham demand behaves differently than Pontiac, or why architectural quality and condition can dramatically change the value of two otherwise similar homes.

Use the numbers as context — not as the entire answer.

FOR BUYERS

Know the market before you compete in it.

Market data can help answer important questions: How quickly are good homes moving? How much negotiating room exists? Is inventory building? Are buyers paying above asking? The goal isn't to predict the future. It's to make a better-informed decision when the right property appears.

FOR SELLERS

Your house doesn't sell in a spreadsheet.

Market statistics establish the environment. Your property's architecture, condition, location, improvements, presentation, and competition determine how it performs inside that environment. Start with market context — then build the strategy around the house.

BEYOND THE NUMBERS

Markets change.
Place still matters.

A home's value is shaped by more than interest rates and quarterly sales statistics.

Architecture. Street character. Historic designation. Walkability. Renovation quality. Lot size. Nearby development. School districts. Community identity. Supply that may never be replaced.

That's why History Loves Company looks at real estate through both the numbers and the story of the place behind them.

Detroit skyline from the Detroit Riverwalk DETROIT

AUGUST 2026 MARKET REPORT

Detroit

MEDIAN SALE $99,946
DAYS ON MARKET 48

Citywide prices are relatively steady, but sales volume is lower and buyers are taking more time. Neighborhood-level context matters enormously in Detroit.

View Detroit Report →
Photo: TheWxResearcher / Wikimedia Commons / CC0
Downtown Pontiac Michigan PONTIAC

AUGUST 2026 MARKET REPORT

Pontiac

MEDIAN SALE $142,822
DAYS ON MARKET 35

Pontiac has softened at the headline level, creating more room for patient buyers while making pricing, condition, and neighborhood increasingly important for sellers.

View Pontiac Report →
Photo: Lrgjr72 / Wikimedia Commons / CC BY-SA 4.0
Downtown Birmingham Michigan BIRMINGHAM

AUGUST 2026 MARKET REPORT

Birmingham

MEDIAN SALE $824,551
DAYS ON MARKET 21

Birmingham continues to command premium pricing, with values up year over year and the typical sale closing essentially at asking price.

View Birmingham Report →
Photo: Notorious4life / Wikimedia Commons / CC0
Downtown Royal Oak Michigan ROYAL OAK

AUGUST 2026 MARKET REPORT

Royal Oak

MEDIAN SALE $384,791
DAYS ON MARKET 19

Royal Oak remains highly active, with prices and sales volume both higher and the typical property still closing slightly above asking price.

View Royal Oak Report →
Photo: Lrgjr72 / Wikimedia Commons / CC BY-SA 4.0
Historic homes in Grosse Pointe Michigan GROSSE POINTE

AUGUST 2026 MARKET REPORT

Grosse Pointe

MEDIAN SALE $437,262
DAYS ON MARKET 21

City-level pricing has softened modestly, but Grosse Pointe's individual communities, architecture, and housing stock create very different submarkets.

View Grosse Pointe Report →
Photo: Umdet / Wikimedia Commons / CC BY-SA 3.0
Downtown Ann Arbor Michigan ANN ARBOR

AUGUST 2026 MARKET REPORT

Ann Arbor

MEDIAN SALE $474,742
DAYS ON MARKET 36

Ann Arbor continues to show resilient demand, with both pricing and transaction volume higher and the typical sale closing above asking price.

View Ann Arbor Report →
Photo: Chriswaco / Wikimedia Commons / CC BY-SA 4.0

MOVE FROM DATA TO DECISIONS

Numbers are useful.
Context is better.

If you're trying to decide where to buy, whether it's time to sell, or what your property may be worth, let's look at the market and the property together.

Need a sharper read on the market?

Get local insight from Chris Hubel

Data is useful. Interpretation is where the value comes in. If you want to understand what the numbers mean for your property, your search, or your next move, let’s talk.