How much does it cost to buy a house in Five Points Detroit, MI?

In May 2026 Five Points homes were listed to buy for a median price of $105K, The median value of a home listed to buy in Five Points in May 2026 was $80 per sqft, which is a 14% decrease to April 2025 last month, and a 13% decrease to May 2025 last year.

Is it affordable or expensive to live in Five Points Detroit, MI?

It is affordable to live in Five Points. Buying a home in Five Points is 0% less expensive compared with the national average.

Is it a good time to buy property in Five Points Detroit, MI?

Yes now is a good time to buy property in Five Points, in May 2026, homes in Five Points have decreased in value (price per sqft) by 13% in the last year compared with May 2025.

Is the Five Points Detroit, MI housing market slowing down?

In May 2026, homes to buy in Five Points spent an median 55 days on the market, a same May 2025 last year.

What are the best and safest places to live in Five Points Detroit, MI?

The best and safest neighborhoods to live in Five Points in May 2026 are Indian Village, Corktown, Brush Park, Coventry Gardens, Palmer Park, Green Acres, University District, Ford Historic Homes, Downtown Detroit, North Rosedale Park, Bagley, Rosedale Park, Russell Woods, East English Village, Eight Mile Wyoming, Grandmont, Evergreen, Redford, Warrendale, Brightmoor

How much money should I make to buy a house in Five Points Detroit, MI?

In May 2026, Five Points homes were listed to buy for a median price of $105K, with 25% down you would need $697/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $23.8K.

Is it a good time to sell my house in Five Points Detroit, MI?

Yes now is a good time to sell your house in Five Points, in May 2026, homes in Five Points have decreased in value (price per sqft) by 13% in the last year compared with May 2025.