Foreclosures in 48231 - Detroit, MI

Our Detroit foreclosure listings posted on this page will include pre-foreclosures, short sales, sheriff sales and bank foreclosure homes. All of our Detroit foreclosure homes for sale will include price, square footage, property address, home owner's name and contact information, number of bedrooms and baths. We update our Detroit foreclosure listings daily.

DETROIT, WAYNE, MI

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Buying Tips: We recommend that you first search for any available pre-foreclosure property in your area. The reason we recommend this is that pre-foreclosures aren’t usually listed for sale, which means that you will have less competition from other buyers. Another important thing to remember is that pre-foreclosures are usually sold below market rate and they are great real estate deals.
Below are properties that may be of interest to you

Detroit Real Estate Facts and Amenities

Today, there are 520 foreclosure properties in Detroit. September 2018 witnessed a 4% increase in foreclosure filings than the month prior and a 55% drop from the previous year, which is a good sign. A foreclosure property, on average, costs $11,00 in Detroit while a regularly listed home goes for about $25,000. It is good that foreclosure properties cost less, on average. Detroit, Michigan is the home of the auto industry as well as techno music and global culture. Detroit has been experiencing a larger amount of tourism because its historic buildings have been renovated as of late and there have been more additions made to the city.

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