Skip to Main Content
Close IconHouzeo

Do Real Estate on the Go!

OPEN APP

Homes for Sale Under 450K in Detroit, MI

5,034 Homes for Sale

Sort by:
New ConstructionNew Construction
Photo 1 of Single family home for sale at 2542 Townsend St, Detroit, MI 48214 | MLS# 20261031922 | Listing updated on 2026-11-08

$390,000

Views: 10

Bedrooms: 2Bds

Bathrooms: 3Ba

Area: 1,644sqft

Single family home for sale

2542 Townsend St, Detroit, MI 48214

Signature Sotheby'S International Realty Bham

Showing 85 - 126 of 5,034 homes for sale in Detroit, MI

Don't miss out on new listings — and get instant email alerts!

Do Real Estate on the Go!

Find your dream home, receive real-time updates, and many more!

OPEN APP

Detroit, MI Housing Market Overview

Detroit is a buyer's market right now. Homes are sitting on the market for 77 days on average. With 11.2 months of supply, there's less pressure to rush and more room to negotiate on price and terms.

Status

Buyer's Market

Days on Market

77

Inventory

6,521

Oct 2021Jul 2024Oct 2026

Median Home Price

$100,000Up 11.11%

In Oct 2026 · YoY

Oct 2021Jul 2024Oct 2026

Mortgage Rates 30-Yr Fixed

7.18%Down 0.06%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
6,521 Up 131.32%
Newly Listed Homes
6,643 Down 19.45%
Months of Supply
11.2 Up 239.39%

Housing Demand

Homes Sold
1,754 Down 30.73%
Sale-to-List Ratio
94.6% Down 0.80%
Homes Sold Above List
24.1% Up 1.22%

30-yr fixed rate 7.18% · Data as of Oct 2026 · Source: Houzeo Research.

View Full Detroit Market Report
No. of Homes
Prices
Houses for Sale in Islandview, Detroit
183
-
Houses for Sale in Hubbell Lyndon, Detroit
141
-
Houses for Sale in North End, Detroit
125
-
Houses for Sale in Warrendale, Detroit
123
-
Houses for Sale in Morningside, Detroit
121
-
Houses for Sale in Dexter Linwood, Detroit
104
-
Houses for Sale in Fitzgerald, Detroit
99
-
Houses for Sale in Oakman Blvd Community, Detroit
99
-
Houses for Sale in Bagley, Detroit
93
-
Houses for Sale in Outer Drive Hayes, Detroit
92
-
Houses for Sale in Jefferson Chalmers, Detroit
87
$187,499
Houses for Sale in Barton Mc Farland, Detroit
82
-
Houses for Sale in Moross Morang, Detroit
82
-
Houses for Sale in Midwest, Detroit
80
-
Houses for Sale in Crary St Marys, Detroit
67
-
Houses for Sale in Regent Park, Detroit
67
-
Houses for Sale in North Corktown, Detroit
65
-
Houses for Sale in Franklin Park, Detroit
63
-
Houses for Sale in Cornerstone Village, Detroit
62
-
Houses for Sale in East Village, Detroit
61
-
Lafayette Park, Detroit Neighborhood Guide
Morningside, Detroit Neighborhood Guide
Nardin Park, Detroit Neighborhood Guide
Corktown, Detroit Neighborhood Guide
Jefferson Chalmers, Detroit Neighborhood Guide
Core City, Detroit Neighborhood Guide
Bagley, Detroit Neighborhood Guide
Woodbridge, Detroit Neighborhood Guide
Mapleridge, Detroit Neighborhood Guide
Pulaski, Detroit Neighborhood Guide
Mortgage Calculator
How Much House Can I Afford
How to Buy a House
Best Places to Live in Detroit, Michigan
Safest Places to Live in Michigan
Cheapest Places to Live in Michigan
  • mls-imgIDX Logo
    Based on information from the Board/Association of REALTORS® (alternatively, from the Realcomp II Ltd. MLS) through Nov 10, 2026, 4:15 PM. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. IDX provided courtesy of Realcomp II Ltd. via Andover Real Estate & Houzeo, Copyright 2026 Realcomp II Ltd. Shareholders Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listing Information presented by local MLS brokerage: Andover Real Estate, local REALTOR®- Scott Rubin - (248)206-3666 . Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. ​© 2024 Realcomp II Ltd. MLS. All Rights Reserved.
  • mls-imgIDX Logo
    Based on information from MiRealSource through Nov 10, 2026, 4:15 PM . All information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Provided through IDX via MiRealSource, Inc. Courtesy of MiRealSource Shareholder. © 2026 MiRealSource. All Rights Reserved.
Click to see all homes
static map image
Homes Available icon

5,034

Homes Available

Median List Price icon

$ 100,000

Median List Price

Avg on Market icon

77 Days

Avg on Market