Reports  ›  Weekly · 2026-05-31

Michigan real estate — week of May 29, 2026

Michigan's major metros split this week: 1 negative, 3 positive on year-over-year median sale price. Range this week: ann-arbor at -5.9% YoY to grand-rapids-kentwood at +5.6%.

Headline numbers

Ann Arbor

$436K -5.9%

Detroit

$92K +4.1%

Grand Rapids

$289K +5.6%

Lansing

$143K +5.1%

This week's signals

Strength 4 / 5

$216K

Southfield median price -4.2% YoY

Price-per-sqft also -3.8% YoY, confirming real depreciation vs. mix-shift noise.

Strength 4 / 5

$302K

Sterling Heights median price -4.0% YoY

Price-per-sqft also -1.6% YoY, confirming real depreciation vs. mix-shift noise.

Strength 4 / 5

37 days

Royal Oak homes taking 37 days to sell — +76.2% vs. a year ago

Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.

Strength 4 / 5

$78K

Detroit median price -10.6% YoY

Price-per-sqft also -6.4% YoY, confirming real depreciation vs. mix-shift noise.

Strength 4 / 5

$260K

Dearborn median price -7.8% YoY

Price-per-sqft also -6.3% YoY, confirming real depreciation vs. mix-shift noise.

Strength 4 / 5

17 days

Livonia homes taking 17 days to sell — +70.0% vs. a year ago

Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.

Strength 4 / 5

33 days

Novi homes taking 33 days to sell — +106.2% vs. a year ago

Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.

Strength 4 / 5

$398K

Troy median price -17.1% YoY

Price-per-sqft also -3.5% YoY, confirming real depreciation vs. mix-shift noise.

Source divergence

ZIP-level reconciliation will appear here once curated ZIP coverage lands for Michigan.

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