Detroit home values increased an average of 20% in 2022; Individual tax increases capped at 5%

Based on home sales data from the past two years, neighborhoods across the city saw an average value increase of 20% over last year. That rise in value will be reflected in an annual notice of property assessment changes for 2023 that will begin arriving ...

source https://detroitmi.gov/news/detroit-home-values-increased-average-20-2022-individual-tax-increases-capped-5