The typical home value in the United States was $347,972 in October, 2.3% higher than the year before.
Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before.
Stacker compiled a list of cities with the fastest-growing home prices in the Detroit-Warren-Dearborn, MI metro area using data from Zillow. Cities are ranked by their one-year price change as of October 2023.
Stacker
#30. North Branch, MI
– 1-year price change: +$12,928 (+5.6%)
– 5-year price change: +$88,581 (+56.5%)
– Typical home value: $245,303 (#94 most expensive city in metro)
Stacker
#29. Columbiaville, MI
– 1-year price change: +$13,003 (+5.9%)
– 5-year price change: +$83,905 (+55.6%)
– Typical home value: $234,900 (#102 most expensive city in metro)
Stacker
#28. Royal Oak, MI
– 1-year price change: +$13,234 (+4.6%)
– 5-year price change: +$69,532 (+29.8%)
– Typical home value: $302,682 (#64 most expensive city in metro)
Stacker
#27. Canton, MI
– 1-year price change: +$13,481 (+3.9%)
– 5-year price change: +$96,593 (+36.2%)
– Typical home value: $363,273 (#40 most expensive city in metro)
Stacker
#26. Saint Clair Shores, MI
– 1-year price change: +$13,723 (+7.0%)
– 5-year price change: +$66,588 (+46.1%)
– Typical home value: $211,168 (#115 most expensive city in metro)
Stacker
#25. Novi, MI
– 1-year price change: +$14,143 (+3.4%)
– 5-year price change: +$103,813 (+32.3%)
– Typical home value: $425,205 (#19 most expensive city in metro)
Stacker
#24. Troy, MI
– 1-year price change: +$14,473 (+3.8%)
– 5-year price change: +$102,290 (+34.5%)
– Typical home value: $398,962 (#26 most expensive city in metro)
Stacker
#23. Plymouth, MI
– 1-year price change: +$14,737 (+3.7%)
– 5-year price change: +$93,237 (+28.8%)
– Typical home value: $417,416 (#22 most expensive city in metro)
Stacker
#22. Grosse Pointe, MI
– 1-year price change: +$14,791 (+3.6%)
– 5-year price change: +$95,885 (+29.4%)
– Typical home value: $421,780 (#20 most expensive city in metro)
Stacker
#21. Rochester, MI
– 1-year price change: +$14,920 (+3.6%)
– 5-year price change: +$97,105 (+29.3%)
– Typical home value: $428,006 (#17 most expensive city in metro)
Stacker
#20. Brighton, MI
– 1-year price change: +$15,251 (+4.0%)
– 5-year price change: +$114,433 (+40.5%)
– Typical home value: $396,692 (#27 most expensive city in metro)
Stacker
#19. Beverly Hills, MI
– 1-year price change: +$15,273 (+3.2%)
– 5-year price change: +$124,013 (+33.1%)
– Typical home value: $498,631 (#10 most expensive city in metro)
Stacker
#18. New Baltimore, MI
– 1-year price change: +$15,646 (+5.1%)
– 5-year price change: +$97,678 (+42.9%)
– Typical home value: $325,238 (#56 most expensive city in metro)
Stacker
#17. Bingham Farms, MI
– 1-year price change: +$15,874 (+3.0%)
– 5-year price change: +$112,718 (+26.2%)
– Typical home value: $542,755 (#8 most expensive city in metro)
Stacker
#16. Armada, MI
– 1-year price change: +$16,325 (+5.3%)
– 5-year price change: +$94,247 (+40.9%)
– Typical home value: $324,606 (#57 most expensive city in metro)
Stacker
#15. Huntington Woods, MI
– 1-year price change: +$16,750 (+3.8%)
– 5-year price change: +$92,904 (+25.3%)
– Typical home value: $459,699 (#11 most expensive city in metro)
Stacker
#14. Hartland, MI
– 1-year price change: +$16,921 (+4.9%)
– 5-year price change: +$111,662 (+44.1%)
– Typical home value: $364,983 (#37 most expensive city in metro)
Stacker
#13. Grosse Ile, MI
– 1-year price change: +$16,963 (+4.9%)
– 5-year price change: +$98,873 (+37.2%)
– Typical home value: $364,319 (#39 most expensive city in metro)
Stacker
#12. Northville, MI
– 1-year price change: +$17,474 (+3.5%)
– 5-year price change: +$111,471 (+27.6%)
– Typical home value: $514,917 (#9 most expensive city in metro)
Stacker
#11. Romeo, MI
– 1-year price change: +$17,881 (+5.1%)
– 5-year price change: +$117,738 (+46.9%)
– Typical home value: $368,712 (#34 most expensive city in metro)
Stacker
#10. Grosse Pointe Park, MI
– 1-year price change: +$18,340 (+4.2%)
– 5-year price change: +$106,566 (+30.9%)
– Typical home value: $451,199 (#12 most expensive city in metro)
Stacker
#9. Sylvan Lake, MI
– 1-year price change: +$18,357 (+5.6%)
– 5-year price change: +$97,651 (+39.1%)
– Typical home value: $347,147 (#52 most expensive city in metro)
Stacker
#8. Rochester Hills, MI
– 1-year price change: +$18,622 (+4.7%)
– 5-year price change: +$115,928 (+38.8%)
– Typical home value: $414,975 (#23 most expensive city in metro)
Stacker
#7. Grosse Pointe Shores, MI
– 1-year price change: +$19,216 (+2.9%)
– 5-year price change: +$148,188 (+28.2%)
– Typical home value: $673,195 (#4 most expensive city in metro)
Stacker
#6. Dryden, MI
– 1-year price change: +$19,739 (+5.7%)
– 5-year price change: +$131,886 (+56.7%)
– Typical home value: $364,583 (#38 most expensive city in metro)
Stacker
#5. Pleasant Ridge, MI
– 1-year price change: +$20,170 (+4.9%)
– 5-year price change: +$102,722 (+31.2%)
– Typical home value: $432,483 (#16 most expensive city in metro)
Stacker
#4. Bloomfield Hills, MI
– 1-year price change: +$20,359 (+3.7%)
– 5-year price change: +$141,130 (+32.9%)
– Typical home value: $569,984 (#7 most expensive city in metro)
Stacker
#3. Grosse Pointe Farms, MI
– 1-year price change: +$21,042 (+4.9%)
– 5-year price change: +$101,815 (+29.5%)
– Typical home value: $446,877 (#14 most expensive city in metro)
Stacker
#2. Franklin, MI
– 1-year price change: +$24,390 (+3.3%)
– 5-year price change: +$207,207 (+37.4%)
– Typical home value: $760,959 (#3 most expensive city in metro)
Stacker
#1. Ray, MI
– 1-year price change: +$35,545 (+10.8%)
– 5-year price change: +$123,738 (+51.2%)
– Typical home value: $365,296 (#36 most expensive city in metro)
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