Market Overview
Home Prices in Detroit, OR
The median home value in Detroit, OR is $442,715 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.3% compared to a year ago and up 2.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Detroit are priced8% above average. Detroit is part of the Salem, OR metro area.
Over the past five years, Detroit home values have risen by approximately12.0%, reflecting steady appreciation in this market.
Price History
Detroit Home Price Trend
2020
$337,715
$338K
—
2021
$395,299
$395K
+17.1%
2022
$429,866
$430K
+8.7%
2023
$406,076
$406K
-5.5%
2024
$406,266
$406K
+0.0%
2025
$416,627
$417K
+2.6%
2026
$442,715
$443K
+6.3%
City Comparison
Detroit vs. National Median
🏠 Detroit
$442,715
National Median
$410,000
At $442,715, homes in Detroit cost 8% above the national median of $410,000. Buyers in Detroit should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Detroit?
20% Down Payment
$88,543
on $442,715
Monthly P&I
$2,309/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,932/mo
incl. taxes & insurance
Income Needed
$117,280
gross annual (30% rule)
10% Down Option
$44,272
+ PMI applies
Loan Amount (20% dn)
$354,172
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Detroit, OR?
The median home value in Detroit is $442,715 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.3% year-over-year.
How much have home prices changed in Detroit?
Over the past year, home values in Detroit have increased by 6.3%. Over five years, prices have risen approximately 12.0%.
How much do I need to earn to buy a home in Detroit?
To comfortably afford the median home price of $442,715 with a 20% down payment ($88,543) at today's rates (6.8%), you'd need a gross annual income of approximately $117,280. This assumes keeping total housing costs at or below 30% of gross income.
How does Detroit compare to the national average home price?
The national median home value is approximately $410,000. At $442,715, homes in Detroit are 8% above the national average.
What metro area is Detroit part of?
Detroit is part of the Salem, OR metropolitan area. Home prices and market conditions can vary across the broader metro region.