Detroit, MI FSBO - 4676 Homes For Sale By Owner
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Learn More About Detroit, Michigan
Currently there are 2,967 homes for sale, 297 condos and apartments for sale and 686 vacant land for sale
Background on Detroit
Detroit is the largest and most heavily populated city in the state of Michigan as well as the largest city found on the United States – Canada border. Detroit is at the seat of Wayne County. The population here is estimated to be around 675,000 which make it the 23rd most populated city in the entire United States. If you look at the metropolitan area which is better known as Metro Detroit you will see that the population there is upwards of 4.3 million people. Detroit is most well known for its art, design and architecture. Detroit was founded in July of 1701 and incorporated in September of 1806. This area of Michigan is roughly 143 square miles and of that 143 square miles approximately 4 miles of that is water. The climate here in Detroit is a humid continental climate which is greatly influenced by the Great Lakes and the city. The winters here tend to be very cold but with only moderate snowfall. The summer months are usually very warm with temperatures exceeding 90 degrees several times throughout the warmer months. The hottest times here in Detroit runs from May through September. Precipitation in this area tends to occur during the months of May though June. There is approximately 33.5 inches of rainfall per year here. Thunderstorms are very frequent in Detroit and usually happen during the spring and summer.
Real Estate in Detroit
There are so many different kinds of housing styles here in Detroit. You will find everything from Tudors and Cape Cod style homes to Ranches and Condos here in Detroit. The market here has so much to offer, especially if you are looking for an eclectic mixture of housing styles. The prices here can range from less than $10,000 for a single family home that need TLC to those in excess of $1,000,000. It all depends on which neighborhood you are looking in. Most homes in Detroit are single family but there are several condo communities here as well if you are looking for a home that comes with amenities.
Employment in Detroit
There are several major corporations that are based here in Detroit as well as three Fortune 500 companies. Manufacturing, finance, health care and technology make up a majority of the jobs here. Automotive manufacturing is another big employer in this area. There are also some large companies here that are globally recognized. Little Caesars, Blue Cross Blue Shield of Michigan, Quicken Loans, General Energy and American Axle are just a few of those major employers.
Music and Entertainment in Detroit
Since the 1940’s live music has been a prominent feature of the nightlife here in Detroit. The nickname “Motown” was given to the city due to its influence on the music industry. If you are looking to go to a concert in Detroit there are a few places for you to go. You can head to the DTE Energy Music Theatre or The Palace of Auburn Hills as well as several other small clubs and jazz houses. The Theatre Venue Circuit is the performing arts portion of Detroit. Here you will find things like live music, theater, the orchestra as well as more than a dozen performing arts centers. The Theatre Venue Circuit is the second largest in the United States and also hosts several Broadway productions throughout the year.
Places to Visit in Detroit
- Downtown Detroit is a great place to visit if you want to take a walk, bike or try one of the areas up and coming restaurants. This area is very cosmopolitan and has tons to do if you are looking for a little adventure.
- Dearborn/Wayne is a historic and diverse section of Detroit. Here you find a mixture of Italian, Polish, Mexican and Arab-American neighborhoods. There is Middle Eastern Dining here as well as the only drive-in in the area.
- Greater Novi is a trendy area that is located around 45 minutes Northwest of Downtown Detroit. This place is known for its shopping as well as its fine dining and nightlife. This place is definitely a must see if you live in the Detroit area.
Summary
Detroit has reasonably priced real estate plus rich history within the music industry. There is so much to do here on any given day. If you are thinking of moving to Detroit don’t hesitate, this place has it all!
Are you browsing the web looking at For Sale By Owner listing services? With ByOwner.com you will land on a platform that delivers visibility for your house that stacks up to that from any real estate broker. Even more desirable, you invest far less money into the sale.
The notorious six percent Realtor's commission is a thing of the past when you take advantage of ByOwner's Detroit, Michigan Flat Fee listing. Yet your property's exposure is just as widespread, even with fewer dollars spent.
ByOwner places your house with the local multiple listing service (MLS) right away, and then goes even farther to promote it. We connect with all the favorite search engines as well as the preferred real estate portal sites like Trulia, Zillow, Realtor.com, MSN, AOL, Bing, Yahoo, and Google. You may be pleasantly surprised to then find your FSBO house on broker sites, such as ReMax, C-21, Coldwell Banker, ERA, Redfin, Movoto, Keller Williams. This is not an uncommon occurrence. Very often, brokers incorporate all MLS entries along with their own on their sites.
Those who choose ByOwner can expect to garner average savings of $15,000. Our For Sale By Owner associates receive effective marketing tools and expansive notoriety for their properties, again at a cost more modest than that charged by a traditional broker. In short, they get more bang for the buck.
Do you want to buy or sell a home in Detroit? As recently as 12/05/2024, we systematically update our list of obtainable homes.
As of now, we have 4407 properties available on the market. In Detroit, we have 2967 single family houses ready for purchase. Likewise, there are 297 condos in Detroit waiting for interested buyers.
Prices for homes in Detroit fall around $153,250 and for condos it’s $300,092. A useful equivalent is $99 per square foot of living area (i.e. bedrooms, bathrooms, kitchen, living and dining rooms; no closets or storage space).
Our information reveals that 148 Detroit homes and properties sold and changed hands last year. This number embraces 114 single family residences and 3 condos in Detroit conveyed by owners.
The sales price of single family houses sold in Detroit over the last year tended to hover near $153,250. The average per square foot amount for the living space works out to $96 in these cases.
Condos in Detroit sold at -- give or take -- $300,092 for the whole of last year. Per square foot of living area, that is $83.
If sales activity is any measure -- and it is -- the most favored neighborhoods in Detroit are: Santa Maria Park Sub, Chester Heights Sub, Golf Club Addition, Oakman Robt Land Cos Mcfarlane, Fales James W Aviation Field, Park Drive No 5, Gratiot American Park, Hagers John A Oneida Park, Malloys Wm J, Manhattan City Park, Burghardts Sub, Park Drive 4, Ravendale No 1, Coopers Leigh G Cadieux Seven Mile Drive, Berry Joseph H Sub, Feldman Feldman Palomar Park, Paschke.
If you are thinking of selling your Detroit home fast, try our flat fee listing service, Our list fees start at $499, and may save you $15,000 in real estate commissions. Click here to start saving.
Disclaimer: Listing broker has attempted to offer accurate data, but buyers/lessees are advised to confirm all information IDX information is provided exclusively for consumers' personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect Participants and/or the MLS from liability.
This data up-to-date as of [12/05/2024]
