Clear guidance for buyers, sellers, and Metro Detroit homeowners.

Metro Detroit Housing Market Update: August 2026

There is no single Metro Detroit housing market. The August 2026 numbers make that clear. Median sale prices, inventory and selling times varied widely from one community to the next, and in some cases between a city and the township around it. For homeowners and buyers, the takeaway is simple. The

Are More Metro Detroit Home Sellers Reducing Their Price in 2026? What 9,015 Sales Show

Yes. Price reductions have become more common across the local markets I analyzed. Among 1,135 residential sales that closed from January 1 through September 21, 2026, 19.9% sold after a net list-price reduction. That was up from 17.1% during the same period in 2025 and was the highest rate among th

When Is the Best Time to Sell a Home in South Lyon, Michigan? What Five Years of Local Sales Data Shows.

If you are thinking about selling a home in South Lyon or Lyon Township, one of the first questions you will probably ask is simple. When is the best time to put my home on the market? The usual answer is spring. I wanted to know whether our actual local sales data supports that advice, or whether i

The Great Housing Reset and What It Means for Metro Detroit in 2026

Data current through June 2026. The short answer is that the four county Metro Detroit market is normalizing rather than falling. The regional median sale price remained higher than a year earlier, while inventory increased and homes took slightly longer to sell. That is the regional picture. It is