Detroit’s median house price $US37,600 ($49,756)

Detroit’s median house price $US37,600 ($49,756) means you could feasibly buy at least 20 houses for the same price as one in Sydney. In January 2007 the median house price of Detroit was $US76,000 ($99,000) but in the 10 years since the GFC and closing down of major manufacturers in the city has seen home values fall off a cliff. But in the last 12 months the city has started to see price growth, and is the fifth fastest growing city on this list.
This redbrick home in Detroit is on the market for $US37,000. Photo: Zillow

This three-bedroom house in Detroit is on the market for $US36,000. Photo: Zillow

For the median price of Detroit you could get something like the above, a redbrick four-bedroom house or a three-bedroom white cottage style home.

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