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Detroit Foreclosures For Sale

View today's Detroit foreclosures & Detroit real estate below. Learn more about Detroit condos, Detroit luxury homes, and Detroit new construction homes by accessing our easy-to-use search tools, or connect with one of our experienced real estate agents, who can provide you with insider information about the foreclosure housing market, arrange for private showings, and help in defining your home search based on your needs and your lifestyle. For more information about Detroit Michigan properties for sale or to schedule a private home showing, contact your local Detroit real estate experts today.

Foreclosed Homes For Sale in Detroit MI

New Listings First
34 Properties Found.
Homes for Sale in Detroit, MI
  • MLS® #: 219047118
  • 20358 Berg Rd
  • Detroit, MI 48219
  • $28,500
  • 4 Bed, 1.1 Bath, 1350 SqFt, 0.14 Acres
  • Residential
  • Add as Favorite
Homes for Sale located at 18294 Gilchrist, in the city of Detroit, MI 48235
  • MLS® #: 219047373
  • 18294 Gilchrist
  • Detroit, MI 48235
  • $25,440
  • 2 Bed, 1 Bath, 1230 SqFt, 0.11 Acres
  • Residential
  • Add as Favorite
Residential Real Estate for Sale located in the neighborhood of B E TAYLORS RAINBOW SUB ( PLATS), in the city of Detroit, MI
  • MLS® #: 219047766
  • 16861 Gilchrist St
  • Detroit, MI 48235
  • $65,000
  • 3 Bed, 1 Bath, 1324 SqFt, 0.12 Acres
  • Residential
  • Add as Favorite
Detroit Real Estate - MLS # 219047513, Residential real estate for Sale in REDFORD SOUTHFIELD COURT (PLATS), MLS Listings # 219047513
  • MLS® #: 219047513
  • 18276 Gilchrist St
  • Detroit, MI 48235
  • $17,000
  • 2 Bed, 1 Bath, 728 SqFt, 0.11 Acres
  • Residential
  • Add as Favorite
MLS #219045489 for Sale at 19303 Snowden, in the city of Detroit, 48235
  • MLS® #: 219045489
  • 19303 Snowden
  • Detroit, MI 48235
  • $31,800
  • 3 Bed, 1.1 Bath, 1618 SqFt, 0.11 Acres
  • Residential
  • Add as Favorite
Detroit Homes for Sale in the neighborhood of Rosedale Park (Plats) in the Zipcode of 48223
  • MLS® #: 219045902
  • 14837 Ashton
  • Detroit, MI 48223
  • $160,000
  • 3 Bed, 1.1 Bath, 1376 SqFt
  • Residential
  • Add as Favorite
Residential Real Estate for Sale at 5329 Pacific St in the city of Detroit by MLS #219045014
  • MLS® #: 219045014
  • 5329 Pacific St
  • Detroit, MI 48204
  • $6,900
  • 3 Bed, 1 Bath, 1230 SqFt, 0.09 Acres
  • Residential
  • Add as Favorite
MLS Number 219045059 in the city of Detroit Homes for Sale by RURITAN PARK SUB, the zipcode of 48238
  • MLS® #: 219045059
  • 15830 Ohio St
  • Detroit, MI 48238
  • $24,900
  • 3 Bed, 1 Bath, 1343 SqFt, 0.08 Acres
  • Residential
  • Add as Favorite
14660 Strathmoor St, in the city of Detroit Real Estate in MI by B E TAYLORS COMMODORE (PLATS),
  • MLS® #: 219044665
  • 14660 Strathmoor St
  • Detroit, MI 48227
  • $31,950
  • 3 Bed, 1 Bath, 1615 SqFt, 0.1 Acres
  • Residential
  • Add as Favorite
Residential for Sale by 19930 Westbrook St in the Detroit, located in the neighborhood of PALMEADOW SUB NO 1 (PLATS)
  • MLS® #: 219042969
  • 19930 Westbrook St
  • Detroit, MI 48219
  • $39,000
  • 3 Bed, 1.1 Bath, 955 SqFt, 0.13 Acres
  • Residential
  • Add as Favorite
58031379470, Residential, 20291 Goulburn, DETROIT, MI, WALTHAM MANOR, , 48205
  • MLS® #: 58031379470
  • 20291 Goulburn
  • DETROIT, MI 48205
  • $13,900
  • 3 Bed, 1 Bath, 884 SqFt, 0.12 Acres
  • Residential
  • Add as Favorite
219042215, Residential, 15487 Marlowe, Detroit, MI, ANN ARBOR HEIGHTS SUB (PLATS), , 48227
  • MLS® #: 219042215
  • 15487 Marlowe
  • Detroit, MI 48227
  • $25,970
  • 3 Bed, 1 Bath, 827 SqFt, 0.11 Acres
  • Residential
  • Add as Favorite

Detroit Foreclosure Market

The good news is that there are a lot of foreclosed homes in Detroit that are up for sale at a very inexpensive price. The Wayne County Treasurer forecloses on properties that have not paid property taxes in three years. In an effort to recoup unpaid taxes, a foreclosure auction is held where these properties are auctioned off in two rounds. In the first round, the properties are auctioned for the total amount of back taxes owed. In the second round, the opening bid on all properties is very affordable. Imagine the kind of homes that will be auctioned off in Detroit especially with the new program that Mayor Mike Duggan implemented that will auction off abandoned homes. Buyers should be aware that there are some fabulous homes up for sale in Detroit but there are some stripped homes out there too. In both cases, you can buy a good-looking home for a very inexpensive price in the city of Detroit.

Foreclosed homes can be found at all price points. You can find a foreclosed starter home or a foreclosed luxury home. You need to budget carefully when buying a foreclosed home because of the repairs that you have to do to your "as is" home. Since foreclosed homes are "as is" homes, the buyer should see the house first. A home inspection will serve you well because you need to know exactly what you are getting into with your purchase, and you will know exactly what you need to fix before you move in. A buyer should also look at the neighborhood in order to evaluate it. You do not want the value of your house depressed because of the neighborhood. It is also smart not to turn on the utilities until you know the condition of the pipes. It is best to buy your foreclosed home with the intention of fixing it up. Detroit is cracking down on people who just buy up homes without repairing them.

Detroit Foreclosure Real Estate Agents

Planning to buy or sell a foreclosed home in Detroit? Let our local Detroit real estate team guide you through the sale of your current residence or purchase your new bank-owned home. As Detroit real estate experts, we're well-versed in the unique market dynamics of Michigan real estate. We're prepared to negotiate for you today!

Contact the Mark Z Home Selling Team to learn more about representation for buyers and sellers. Preparing to sell your Detroit home? View our comparative market analysis page to receive a free Detroit home value estimate within moments.

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Provided through IDX through Realcomp II Ltd. Courtesy of eXp Realty. Copyright 2019 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.