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Detroit property assessments up 30% this year; mayor says taxes only up 3%

The average value of a Detroit home rose more than 30% in the past year. It’s up more than 60% since 2018.

WDET 101 9FM WDET is Detroit s Public Radio Station

Detroit home values rose 31 percent in 2021 | Crain s Detroit Business

Property values in Detroit were up 31 percent on average, rising in all but five neighborhoods, as they have nearly returned to levels not seen in a decade. Residential values rose to an expected $4.83 billion in 2021, nearly as high as their 2012 value of $4.85 billion. In announcing the jump…

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