Jeremy J.
housing
Housing market in Detroit — is it worth buying?
Median home value here is around $76,800. Prices are reasonable compared to major metros. For those renting, typical rent is $1034.
Is now a good time to buy in Detroit? Or better to keep renting?
Looking for opinions from both homeowners and renters.
66 upvotes
8 Replies
Grace K.
Rent tip: look for places in October-November. Prices drop and there's more availability.
37 upvotes
Jeremy J.
The job market has been improving lately. Several finance companies moved in recently.
33 upvotes
Emma R.
My kids love it here. So many parks and activities. So many outdoor activities.
30 upvotes
William D.
Good summary. I'd rate it higher personally — maybe 6/10.
22 upvotes
Russell K.
The food scene here is seriously underrated. So many great restaurants.
15 upvotes
Jeremy J.
The job market has been improving lately. Several tech companies moved in recently.
7 upvotes
Russell K.
I'd add that the school system has been improving steadily. Otherwise spot on!
5 upvotes
Russell K.
Rent tip: look for places in October-November. Prices drop and there's more availability.
4 upvotes