Local Real Estate Market Summary in Detroit, United States

Detroit, United States, Detroit, Accommodation & Living, Local Real Estate Market Summary

Local Real Estate Market Summary in Detroit, United States

1. Detroit Downtown Real Estate

Experience modern living in the heart of Detroit with a variety of high-rise apartments and condos offering stunning views.
  • Location: Walking distance to popular attractions like Campus Martius Park, Comerica Park, and the Detroit Riverwalk.
  • Amenities: In-unit washer/dryer, fitness centers, rooftop decks, and 24-hour concierge services.
  • Price Range: Prices vary depending on size, location within the building, and amenities offered.

2. Midtown Real Estate

Live in a vibrant neighborhood filled with art institutions, restaurants, and cultural attractions.
  • Community: Home to the Detroit Institute of Arts, Wayne State University, and the Museum of Contemporary Art.
  • Housing Styles: A mix of historic homes, modern apartments, and loft spaces available.
  • Affordability: Midtown offers more affordable housing options compared to the downtown area.

3. Corktown Real Estate

Step back in time with Victorian homes and modern loft spaces in this historic neighborhood.
  • History: Originally settled by Irish immigrants, Corktown is rich in history.
  • Restaurants and Bars: Home to Michigan Central Station, Green Dot Stables, and numerous craft breweries.
  • Transportation: Close proximity to the QLine streetcar and Amtrak station.

4. Eastern Market Real Estate

Find a unique living space near the city's historic produce market and artisan vendors.
  • Market Access: Located within walking distance of Eastern Market, perfect for fresh produce and handmade goods.
  • Community Events: Hosts numerous community events throughout the year, including the Detroit Fleat and Art Detour.
  • Housing Options: A mix of historic homes, modern loft spaces, and commercial properties available for purchase or rent.

5. Brightmoor Real Estate

Discover the up-and-coming neighborhood of Brightmoor with beautiful homes and a tight-knit community.
  • Community Engagement: The Detroit Land Bank Authority has been actively investing in the area to improve housing conditions.
  • Neighborhood Parks: Brightmoor offers numerous parks and green spaces for outdoor recreation.
  • Affordability: One of the most affordable neighborhoods in Detroit with a variety of housing options available.

6. Jefferson-Chalmers Real Estate

Experience riverfront living in one of the city's most undiscovered neighborhoods.
  • Location: Offers easy access to the riverwalk, Belle Isle Park, and numerous nature trails.
  • Revitalization: Investments from local organizations like the Jefferson East Inc. are revitalizing the area.
  • Housing Options: A mix of bungalows, Cape Cods, and contemporary homes available for purchase or rent.

7. North Rosedale Real Estate

Live in a peaceful neighborhood filled with beautiful Tudor-style homes and tree-lined streets.
  • Neighborhood Safety: One of Detroit's safest neighborhoods with a low crime rate.
  • Amenities: Close proximity to shopping centers, restaurants, and the North Rosedale Park Golf Course.
  • Housing Prices: Properties in this area tend to be more expensive due to their desirable location and high-quality construction.

8. New Center Area Real Estate

Experience the charm of a historic district with modern amenities and a vibrant arts scene.
  • Arts and Culture: Home to the Charles H. Wright Museum of African American History, the Fisher Building, and the Savoy Ballroom.
  • Housing Options: A mix of historic homes, commercial spaces, and modern apartments available for purchase or rent.
  • Community Engagement: Hosts numerous cultural events throughout the year, including Jazz Fest and Art Week Detroit.

9. Woodbridge Real Estate

Find a peaceful retreat in this picturesque neighborhood with beautiful homes and tree-lined streets.
  • Neighborhood Safety: One of Detroit's safest neighborhoods with a low crime rate.
  • Housing Options: A mix of Tudor-style homes, bungalows, and contemporary houses available for purchase or rent.
  • Amenities: Close proximity to shopping centers, restaurants, and the University of Detroit Mercy.

10. Boulevard Industrial Real Estate

Invest in commercial properties in this up-and-coming neighborhood filled with creative businesses and makerspaces.
  • Business Opportunities: Home to numerous co-working spaces, art studios, and manufacturing facilities.
  • Location: Close proximity to the interstate and nearby neighborhoods like Corktown and Brightmoor.
  • Rent Prices: Offers affordable rental rates for commercial spaces compared to other areas in Detroit.

11. Southwest Detroit Real Estate

Discover the vibrant Mexican-American culture and delicious food in this lively neighborhood.
  • Food Scene: Known for its delicious taco trucks, taquerias, and bakeries.
  • Housing Options: A mix of historic homes, apartment buildings, and commercial spaces available for purchase or rent.
  • Community Engagement: Hosts numerous cultural events throughout the year, including Feast of Our Lady of Guadalupe and Mexican Independence Day.

12. West Village Real Estate

Live in a vibrant neighborhood with trendy restaurants, bars, and unique shops.
  • Dining Options: Home to numerous trendy restaurants, bars, and unique shops.
  • Housing Options: A mix of modern apartments, condos, and historic homes available for purchase or rent.
  • Community Engagement: Hosts numerous events throughout the year, including West Village Art Walk and Festivus.

13. New Center Area Commercial Real Estate

Invest in commercial properties in this historic district with a vibrant arts scene.
  • Business Opportunities: Home to numerous cultural institutions, galleries, and performance spaces.
  • Location: Close proximity to the interstate and nearby neighborhoods like Midtown and Corktown.
  • Rent Prices: Offers affordable rental rates for commercial spaces compared to other areas in Detroit.

14. Hamilton-Sherman Real Estate

Find charming homes in this peaceful neighborhood with easy access to downtown.
  • Neighborhood Safety: One of Detroit's safest neighborhoods with a low crime rate.
  • Housing Options: A mix of bungalows, Cape Cods, and contemporary homes available for purchase or rent.
  • Commute Time: Easy access to downtown via public transportation or car.

15. North End Real Estate

Experience the charm of a historic neighborhood with easy access to downtown and Belle Isle Park.
  • Location: Close proximity to downtown, Belle Isle Park, and the Detroit River.
  • Housing Options: A mix of historic homes, apartment buildings, and commercial spaces available for purchase or rent.
  • Community Engagement: Hosts numerous cultural events throughout the year, including North End Art Night and Detroit Design Festival.