How will Motor City bounce back? Its metro housing market began its turnaround in Nov. 2011, after falling 52 percent from its peak. In June, the median home value was up 14.3 percent year-over-year and 72 percent of the homes sold during the month were sold for a gain, Zillow reports. In the second quarter, values were up a whopping 3.3 percent. This three-bed home is on sale for $219,000. (Zillow)
This two-bedroom, one-bathroom home is a lower unit in a mult-family home on sale for $12,500. The multi-family home spans 1,316 sq. ft. on a lot that is 5,227 sq. ft. It was built in 1957. Described in the listing as a Fannie Mae HomePath property, it has a two-car garage and full basement. (Zillow)
This home is described as a brick bungalow featuring three bedrooms, one bathroom a garage and basement. It is listed for $8,000. (Zillow)
This seven-bedroom home with 4.3 bathrooms is listed for $800,000. The listing describes it as: "Originally a Palmer Woods Developer's private residence and incredibly maintained. Designed by Richard Marr for Charles Burton. Home sits on a double lot, has four fireplaces, an in-law quarters, intricate woodwork and plastering, stain leaded glass and more!" (Zillow)
This $479,900 condo has four bedrooms, 3.5 bathrooms and spans 3,180 sq. ft. The listing states: "Model home at Shorepointe Village features solid hardwood floors, GE profile stainless steel appliances, custom cabinets built by Mutschler Kitchens, two fireplaces, two master suites, open floor plan and a 45 foot boat dock. Enjoy a 56 percent property tax reduction with a 15year NEZ abatement." (Zillow)
This five-bedroom, four-bathroom home is listed for $215,000. It was bulit in 1924.
This four-bedroom, 4.1 bathroom home is listed for $189,900. The home was built in 1927 and is described as "Italian Renaissance brick."
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