Detroit, MI Townhouses For Sale

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Detroit, MI Real Estate Market Overview

The number of listings in Detroit, MI increased by 11.2% between September 2024 and October 2024. While the average time on the market in October 2024 was 45 days, the median list price was $85,000. In October 2024 more than 125 listings in Detroit, MI were sold above the asking price. During the same period more than 93 listings were sold at asking price, while more than 257 were sold below.

Info Icon From Rocket Homes Real Estate and based on county public records data.

Homes For Sale Near Detroit Schools

Real Estate In Detroit Neighborhoods

Living In Detroit, MI

What is it like to live in Detroit, Michigan?

Detroit is located in Wayne County, Michigan. There are roughly 702,830 residents, living in 264,769 households. The average temperature for Detroit this time of the year is low of 34F and high of 48F. On average, Detroit gets about 2.77 inches of precipitation in November. 50% residents are home owners, have a high school diploma (51%) and are single, no kids (55%).

Info - Data provided by Home Junction Data provided by Home Junction

What type of housing is available in Detroit, Michigan?

Detroit's housing market is diverse, offering a mix of architectural styles that reflect the city's rich history and cultural heritage. Single-family homes are prevalent, with a significant number of properties featuring the classic American Foursquare and bungalow styles. The city also has a substantial inventory of apartments and lofts, particularly in areas undergoing revitalization. The homeownership rate in Detroit is on the rise, with efforts to increase affordable housing options for residents.

What are the advantages of living in Detroit, Michigan?

Detroit is celebrated for its significant contributions to the automotive industry and music, particularly Motown. The city prides itself on its vibrant arts scene, with numerous galleries, theaters, and live music venues that showcase local talent. Annual events like the North American International Auto Show and the Detroit Jazz Festival highlight the community's passion for innovation and music.

Are things conveniently located in Detroit, Michigan?

The city is served by a robust educational system, including Detroit Public Schools Community District, charter schools, and private institutions, offering a range of educational opportunities. Healthcare is accessible through several hospitals and clinics, providing comprehensive services from emergency care to specialized treatments. Detroit's public library system is extensive, supporting the community's educational and cultural needs. Retail and dining options are plentiful, with a focus on local entrepreneurship and culinary diversity.

What does the transportation in Detroit, Michigan look like?

Detroit's transportation network includes a combination of bus routes and a light rail system, the QLine, which serves key areas of the city. While the bus system provides extensive coverage, the frequency and schedule can vary by route. The city is also bike-friendly, with dedicated lanes and bike-sharing programs. Major highways like I-75 and I-94 facilitate travel in and out of the city, and ongoing projects aim to improve traffic flow and road safety.

Homes For Sale Near Detroit, MI

Housing Market Reports In Wayne County

Schools Near Detroit, MI

Elementary Schools

Cesar Chavez Academy Intermediate School
4100 Martin St
Public Charter 3-5
Chandler Park Academy Elementary School
20200 Kelly Rd
Public Charter PK-5
Riverside Academy
7124 Miller Rd
Public Charter KG-5

Middle Schools

Cesar Chavez Middle School
6782 Goldsmith St
Public Charter 6-8
Martin Luther King Jr Education Center Academy
16827 Appoline St
Public Charter KG-8
Commonwealth Community Development Academy
13477 Eureka St
Public Charter KG-8

High Schools

Joy Preparatory Academy
15055 Dexter Ave
Public Charter PK-12
The School at Marygrove
8425 W McNichols Rd
Public District 9-12
Oakland International Academy High School
2619 Florian St
Public Charter 9-12

Info Icon Data provided by Great Schools

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