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Cities with the fastest-growing home prices in the Detroit metro area

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4 PM production // Shutterstock
4 PM production // Shutterstock

The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties.

The typical home value in the United States was $369,678 in August, 1.3% 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.

compiled a list of cities with the most expensive homes in the Detroit-Warren-Dearborn, MI metro area using data from . Charts show the monthly typical home value since January 2018.

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#30. Clifford, MI

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#30. Clifford, MI

- 1-year price change: +$17,180 (+8.7%)
- 5-year price change: +$26,267 (+14.0%)
- Typical home value: $214,381 (#123 most expensive city in metro)

#29. Metamora, MI

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#29. Metamora, MI

- 1-year price change: +$17,286 (+4.4%)
- 5-year price change: +$63,145 (+18.0%)
- Typical home value: $414,509 (#35 most expensive city in metro)

#28. Grosse Ile, MI

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#28. Grosse Ile, MI

- 1-year price change: +$17,442 (+4.6%)
- 5-year price change: +$85,005 (+27.1%)
- Typical home value: $399,033 (#44 most expensive city in metro)

#27. Goodells, MI

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#27. Goodells, MI

- 1-year price change: +$17,483 (+5.5%)
- 5-year price change: +$64,268 (+23.6%)
- Typical home value: $336,918 (#62 most expensive city in metro)

#25. Plymouth, MI

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#25. Plymouth, MI

- 1-year price change: +$18,702 (+4.0%)
- 5-year price change: +$100,097 (+26.2%)
- Typical home value: $481,893 (#19 most expensive city in metro)

#24. Almont, MI

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#24. Almont, MI

- 1-year price change: +$18,811 (+5.5%)
- 5-year price change: +$77,711 (+27.7%)
- Typical home value: $358,649 (#59 most expensive city in metro)

#23. Grosse Pointe, MI

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#23. Grosse Pointe, MI

- 1-year price change: +$18,838 (+4.0%)
- 5-year price change: +$77,604 (+18.9%)
- Typical home value: $487,629 (#18 most expensive city in metro)

#22. Milford, MI

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#22. Milford, MI

- 1-year price change: +$19,016 (+4.0%)
- 5-year price change: +$94,499 (+23.8%)
- Typical home value: $491,220 (#16 most expensive city in metro)

#21. Rochester, MI

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#21. Rochester, MI

- 1-year price change: +$19,565 (+4.1%)
- 5-year price change: +$99,681 (+25.3%)
- Typical home value: $493,920 (#15 most expensive city in metro)

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#20. Emmett, MI

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#20. Emmett, MI

- 1-year price change: +$20,354 (+6.4%)
- 5-year price change: +$63,505 (+23.2%)
- Typical home value: $336,655 (#63 most expensive city in metro)

#19. Bingham Farms, MI

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#19. Bingham Farms, MI

- 1-year price change: +$20,840 (+3.5%)
- 5-year price change: +$114,699 (+22.8%)
- Typical home value: $617,534 (#8 most expensive city in metro)

#18. China, MI

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#18. China, MI

- 1-year price change: +$21,005 (+5.7%)
- 5-year price change: +$79,859 (+25.6%)
- Typical home value: $391,526 (#47 most expensive city in metro)

#17. Allenton, MI

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#17. Allenton, MI

- 1-year price change: +$21,179 (+6.2%)
- 5-year price change: +$64,287 (+21.6%)
- Typical home value: $361,786 (#58 most expensive city in metro)

#16. Memphis, MI

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#16. Memphis, MI

- 1-year price change: +$21,378 (+6.9%)
- 5-year price change: +$63,933 (+23.8%)
- Typical home value: $332,935 (#66 most expensive city in metro)

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#15. Casco, MI

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#15. Casco, MI

- 1-year price change: +$21,397 (+5.9%)
- 5-year price change: +$73,497 (+23.5%)
- Typical home value: $386,322 (#50 most expensive city in metro)

#14. Dryden, MI

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#14. Dryden, MI

- 1-year price change: +$21,621 (+5.8%)
- 5-year price change: +$93,864 (+31.0%)
- Typical home value: $397,011 (#45 most expensive city in metro)

#13. Pleasant Ridge, MI

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#13. Pleasant Ridge, MI

- 1-year price change: +$22,476 (+4.8%)
- 5-year price change: +$90,853 (+22.8%)
- Typical home value: $489,548 (#17 most expensive city in metro)

#12. Leonard, MI

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#12. Leonard, MI

- 1-year price change: +$22,668 (+4.5%)
- 5-year price change: +$104,020 (+24.5%)
- Typical home value: $528,117 (#13 most expensive city in metro)

#11. Huntington Woods, MI

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#11. Huntington Woods, MI

- 1-year price change: +$23,253 (+4.5%)
- 5-year price change: +$106,473 (+24.4%)
- Typical home value: $542,549 (#11 most expensive city in metro)

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#10. Ray, MI

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#10. Ray, MI

- 1-year price change: +$23,582 (+5.9%)
- 5-year price change: +$116,781 (+37.7%)
- Typical home value: $426,566 (#33 most expensive city in metro)

#9. Grosse Pointe Farms, MI

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#9. Grosse Pointe Farms, MI

- 1-year price change: +$26,695 (+5.3%)
- 5-year price change: +$110,109 (+26.3%)
- Typical home value: $528,869 (#12 most expensive city in metro)

#8. Northville, MI

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#8. Northville, MI

- 1-year price change: +$27,113 (+4.8%)
- 5-year price change: +$133,376 (+28.9%)
- Typical home value: $594,892 (#10 most expensive city in metro)

#7. Bloomfield Hills, MI

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#7. Bloomfield Hills, MI

- 1-year price change: +$29,212 (+4.5%)
- 5-year price change: +$142,627 (+26.7%)
- Typical home value: $677,440 (#6 most expensive city in metro)

#5. Birmingham, MI

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#5. Birmingham, MI

- 1-year price change: +$45,727 (+6.5%)
- 5-year price change: +$159,936 (+27.1%)
- Typical home value: $749,411 (#5 most expensive city in metro)

#4. Grosse Pointe Shores, MI

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#4. Grosse Pointe Shores, MI

- 1-year price change: +$50,799 (+6.9%)
- 5-year price change: +$188,726 (+31.5%)
- Typical home value: $787,886 (#4 most expensive city in metro)

#3. Orchard Lake, MI

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#3. Orchard Lake, MI

- 1-year price change: +$51,397 (+5.5%)
- 5-year price change: +$193,691 (+24.7%)
- Typical home value: $978,102 (#2 most expensive city in metro)

#2. Franklin, MI

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#2. Franklin, MI

- 1-year price change: +$66,400 (+7.7%)
- 5-year price change: +$233,298 (+33.6%)
- Typical home value: $927,147 (#3 most expensive city in metro)

#1. Lake Angelus, MI

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#1. Lake Angelus, MI

- 1-year price change: +$110,000 (+6.6%)
- 5-year price change: +$334,622 (+23.1%)
- Typical home value: $1,780,863 (#1 most expensive city in metro)

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