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Detroit

Browse today's new Detroit real estate for sale below! Detroit is currently revitalizing its downtown area. With three new casinos, a riverwalk, and two new sports fields, it is well on its way. To learn more about properties available in Detroit Michigan or to set up a home showing, contact your Detroit real estate experts today.

Detroit Real Estate Statistics:

Total Listings - 1000

Avg. Price - $223,798.87

Highest Price - $14,995,000

Lowest Price - $2,500



Detroit Real Estate Market

The Motor City. Hockey Town. And, most recently, The D. Detroit is the most populous city in the state of Michigan with ¾ of a million people holding residence in the city. Detroit is home to consistent sports champions. Whether hockey, baseball, basketball or football…well, never mind football, Detroit holds dozens of championships and it’s rare to find a year that at least one team isn’t in the playoffs for their respective sport.

But beyond sports, Detroit has a lot of cultures to brag about. From the Fox Theatre that holds the latest and greatest stage plays and concerts to the Detroit Symphony Orchestra to street-side projects like the famous Heidelburg Project to the Detroit Historical Museum and Charles H. Wright Museum of African American History, you’ll never be short of finding something to help expand your mind and enjoy an afternoon or evening out with the family.

Home to Wayne State University, this world-renowned public university is the third largest in the state and 50th largest in the country. There are over 100 education and research buildings and 29,000 undergraduate and graduate students in attendance.

Detroit is the largest real estate market in the state of Michigan, and is commonly known to be the headquarters for the United States automobile industry. Detroit is home to the "Big Three" automakers: General Motors, Ford, and Chrysler. Detroit is also the birthplace of much of the music we hear today. Two very well-known nicknames used to describe the Detroit community over the years are The Motor City and Motown.

Detroit's major port status and extensive toll-free expressway system make it a prosperous location as a global business center. The University of Michigan in Ann Arbor is one of the world's leading research institutions and Wayne State University in Detroit has the largest single-campus medical school in the United States.

Metro Detroit is a leading corporate location with major office complexes such as the Renaissance Center, the Southfield Town Center, and Cadillac Place, with the Fisher Building in the historic New Center neighborhood.

The Detroit housing market is located north of Windsor, Ontario, making this the only U.S. city that looks south to Canada. Woodward Avenue is considered Detroit's main thoroughfare. It is the dividing line between the East Side and the West Side. In Downtown Detroit, the Fox Theatre and Detroit Institute of Arts are located on Woodward as well as the Detroit Zoo in the Royal Oak community a little farther north, just outside the city limits.


Detroit Community Amenities

Just over 15 million people visit the Metro Detroit community annually, spending almost $4.5 billion on recreation and entertainment. Detroit is the largest city or metro area to offer casino resorts. It is home to MGM Grand Detroit, MotorCity Casino, Greektown Casino, and nearby Casino Windsor. Some of the main attractions each year include the North American International Auto Show, the Windsor-Detroit International Freedom Festival, Tastefest, and most recently Detroit was the host to Super Bowl XL.

Detroit has entertainment for all, depending on the season. During the cold winter months, the Motown Winter Blast attracted a crowd of 1.2 million people to the Campus Martius Park neighborhood in Downtown, and downhill and cross country skiing flourished at Alpine Valley Ski Resort, Mount Brighton, Mount Holly, and Pine Knob Ski Resort.

During the hot summer months, Detroit's neighborhood Metroparks include Kensington Beach, Metropolitan Beach, and Stoney Creek Beach. Metro Detroit also hosts the Woodward Dream Cruise and Downriver Dream Cruise during mid-summer months.

Metro Detroit contains a number of upscale neighborhood shopping malls including the Somerset Collection in Troy and Twelve Oaks Mall in Novi. The region's leading attraction is The Henry Ford Museum, America's largest indoor-outdoor museum complex.


Detroit Neighborhood Highlights

Heidelberg Project
An open-air art environment on Detroit’s East Side.

Sports
From the Tigers to the Lions to the Red Wings, you’ll almost always have a sporting event to go to. Interested in the Pistons? They play at the Palace just a half-hour north.

Fox Theater
The biggest concerts, the hottest plays; the Fox Theatre has played host to countless shows since 1928.

DSO
The Detroit Symphony Orchestra plays at Orchestra Hall, which is known for its excellent acoustics and has had some of the world’s most renowned musicians play since its opening in 1887.

Detroit Historical Society
Come check out the Detroit Historical Museum and see the ever-changing exhibits to get an up-close and personal look at the great history of Detroit.

Michigan Science Center
IMAX, planetarium, exhibits, laser shows and a kid’s town makes the Michigan Science Center great for folks of all ages!

 

Casinos
Table games, poker games, slots, and more make the three casinos in the heart of Downtown a fun location when you want to test your luck. If gambling isn’t for you or you just want to spend your winnings while downtown, you’ll have plenty of restaurants and shows at the MGM Grand, Motor City Casino, and Greektown Casino to choose from.

 

Museums, sports, casinos, parades, concerts and much, much more. Detroit really does have it all and gives other cities a run for their money. Whether you’re a suburban Detroiter looking to explore some of the neighborhoods or you want to come check out the local bars and restaurants, you’ll find a place that matches your taste in The D. When you live or work in the city, you’ll have access to a bus system, plenty of restaurants and the proximity of the Detroit River and Detroit’s skyline. Take a jog or enjoy a day with the family and maybe have a picnic on Belle Isle.


Detroit Population

Detroit ranks as the United States' 11th most populous city, with 918,849 residents as of 2007. At one time, Detroit was the fourth largest city in the country, but it has consistently declined in population since the 1960s. The Metro Detroit area, which includes Oakland CountyWayne CountyMacomb County, Livingston County, Washtenaw County, Lapeer County, Monroe County, Saint Clair County, & Genesee County, consists of approximately 5.4 million people and a workforce of 2.8 million. The counties of Wayne, Oakland, and Macomb form the core of the Detroit community. They are sometimes informally referred to as the Tri-County Area.


Detroit Architecture

While the Downtown and New Center areas boast their share of high-rise buildings and stunning architecture, the majority of the outskirts of Detroit real estate consists of low-rise structures, single-family homes, and most recently some new condo developments. Outside of the city's downtown, apartments, high-rises, and loft-style condos are found in neighborhoods such as East Riverfront, extending toward Grosse Pointe and the Palmer Park community just west of Woodward. High-rise projects that have been popular in Detroit include Garden Lofts and Detroit Towers. Many of the city's neighborhoods were constructed prior to World War II, and feature the architecture of those times.

Wood- or aluminum-frame homes, brick ranches, bungalows, and colonials populate the working class neighborhoods, while larger brick homes reside in the vast middle-class neighborhoods. Ornate mansions can be found in neighborhoods such as Brush Park, Woodbridge, Indian Village, Palmer Woods, Sherwood Forest, and of course in the Voigt Park subdivision, located in the famous Boston Edison District. The Boston Edison District is unique because it is one of the few communities in the city of Detroit where a handful of houses were designed by well-known architects such as Albert Kahn and boast upwards of 10,000-15,000 square feet. The Boston Edison District is in the vicinity of Chicago and Woodward Avenue.

Bank foreclosures have never been so evident in the city as in the past three years. The resulting decrease in property values has made it increasingly difficult for homeowners to refinance their houses. More and more homeowners cannot afford the property taxes to live in the city of Detroit, and the population has decreased because many homeowners are finding it more economical to live in the suburbs.


Detroit Neighborhoods

The oldest neighborhoods are along the Woodward and Jefferson corridors, while newer communities, built as late as the 1950s, are found in the far west and closer to 8 Mile Road. 8 Mile Road, known by many because of the film 8 Mile, forms the dividing line between Detroit on the south and the suburbs of Macomb and Oakland counties in the north. It is also known as Baseline Road outside of Detroit, because it coincides with the baseline used in surveying Michigan; that baseline is also the boundary for a number of Michigan counties as well as the boundary for Illinois and Wisconsin.

Some of the oldest extant communities include Corktown, a working class, formerly Irish neighborhood, and Brush Park. Both are now seeing million-dollar redevelopments and construction of new homes and condos. Major parks in Detroit include Belle Isle, Palmer Park, River Rouge Park, Chene Park, and Campus Martius Park.


Detroit Skyscrapers

Building

Height

Floors

Year Built

Marriott Renaissance Center

726 ft

73

1977

One Detroit Center

619 ft

45

1992

Penobscot Building

566 ft

46

1928

Renaissance Center 400 Tower

508 ft

39

1977

Renaissance Center 200 Tower

508 ft

39

1977

Renaissance Center 300 Tower

508 ft

39

1977

Renaissance Center 100 Tower

508 ft

39

1977

Guardian Building

489 ft

40

1929

Book Tower

475 ft

39

1926

150 West Jefferson

450 ft

30

1989

Fisher Building

444 ft

30

1928

Cadillac Tower

437 ft

40

1927

David Stott Building

437 ft

32

1929

One Woodward Building

430 ft

32

1962

McNamara Federal Building

393 ft

27

1976

211 West Fort Street

380 ft

26

1963

Detroit Edison Plaza

374 ft

25

1971

David Broderick Tower

371 ft

34

1928

Buhl Building

366 ft

29

1925

Book-Cadillac Hotel

351 ft

32

1924

Renaissance Center 500 Tower

339 ft

21

1981

Renaissance Center 600 Tower

339 ft

21

1981

Blue Cross/Blue Shield Service Center

339 ft

22

1971

First National Building

338 ft

25

1930

1001 Woodward

338 ft

23

1965

Millender Center Apartments

334 ft

33

1985

SBC Building Addition

327 ft

17

1974

Trolley Plaza Apartments

325 ft

28

1981

The Dime Building

324 ft

23

1913

Jeffersonian Apartments

322 ft

30

1965

SBC Building

319 ft

18

1912

Coleman A. Young Municipal Center

318 ft

19

1955

Penobscot Annex

310 ft

23

1913

1300 Lafayette East Cooperative

305 ft

29

1961

Riverfront Towers III

305 ft

29

1983

Riverfront Towers II

305 ft

29

1983

David Whitney Building

272 ft

21

1916

Water Board Building

259 ft

23

1928

Kales Building

258 ft

18

1914

Washington Boulevard Apartments

255 ft

19

1923

Grand Park Centre

250 ft

19

1922

Henry Ford Hospital and Clinic

249 ft

19

1955

Wayne County Building

247 ft

5

1902

Hotel Pontchartrain

245 ft

25

1965

Park Place Apartments

240 ft

22

1928

 

United Artist Theater Building

230 ft

18

1928

Michigan Central Railroad Station

230 ft

16

1913

Pavilion Apartments

220 ft

22

1958

Cadillac Place

220 ft

15

1921

Park Apartments

212 ft

18

1926

Detroit Masonic Temple

210 ft

14

1926

Bank One Building

204 ft

14

1959


Detroit Local Businesses

The Metro Detroit real estate market is host to the headquarters for the U.S. Army Tank Automotive and Armaments Command, known as TACOM, with Selfridge Air National Guard Base. Detroit Metropolitan Airport is one of America's largest and most recently modernized facilities, and a very large employer. Borg Warner, TRW Automotive Holdings, Compuware, IBM, Google, and Covansys all chose Metro Detroit for their new headquarters, or have a major presence in Metro Detroit. Quicken Loans, National City Bank, Ernst & Young, GMAC, Visteon, and OnStar are all companies that have been expanding the past few years in the Detroit community.


Detroit Historical Facts

The history of a city such as Detroit goes back centuries. 1701, to be exact. It was at this time that it was first settled in what was New France, as a fur trading post. In 1805, a man named Augustus Woodward devised a street plan similar to the nation's capitol. From Campus Martius outward, you'll find streets that stretch out like spokes on a wheel. During the War of 1812, Detroit was surrendered and not returned until after the war in 1815.

Throughout the 1800s Detroit turned into quite the industrial hub, which fed into the 20th century's boom in industry and manufacturing and, with mansions being built in the downtown community, Detroit became known as the Paris of the West.

Enter the automotive industry. With the mega-boom of the car industry, Detroit became an industrial powerhouse. When World War II came around, the factories transitioned to supply war material and by 1943, one B-24 Liberator was being produced every hour, every day, for 24 hours straight. At its peak, 600 B-24s were produced in a month.

Throughout the second half of the twentieth century, many residents began heading out toward the suburbs, but the pride of Detroit still held strong.

Detroit has suffered from decades of corruption and urban blight, but now you'll find that the city "the world had forgotten" is making an incredible comeback with business and commerce slowly arriving.


Detroit Demographics

  • Population: 713,862 (according to 2010 census)

  • Median Age: 34.8

  • Median Household Income: $28,357

  • Median House Cost: $80,400

  • 11.8% of the population over the age of 25 have a bachelor's degree or higher


Detroit Geographical Location

Coming in from out-of-town or looking to get away for a weekend? Detroit is nestled in the Midwest, in a convenient location to many other major cities and attractions.

  • Detroit Metropolitan Airport - Looking to fly out of town? DTW is about 22 minutes from downtown Detroit.

  • Lansing, MI - 80 minutes away

  • Traverse City, MI - 4 hours away

  • Kalamazoo, MI - 2 hours, 5 minutes away

  • Toledo, OH - 1 hour away

  • Cleveland, OH - 2 hours, 35 minutes away

  • Chicago, IL - 4 hours, 10 minutes away

  • Pittsburgh, PA - 4 hours, 15 minutes away

The Rosa Parks Transit Terminal offers bus service in and around the city, and a Greyhound terminal with a bus system that can get you to many of the major cities listed above.

 

Detroit City Information

Detroit City Hall
7737 Kercheval Avenue
Detroit, MI 48214
Phone: (313) 628-2170

Police Department
1300 Beaubien Street
Detroit, MI 48226
Phone (non-emergency): (313) 596-2200

Fire Department
250 W Larned Street
Detroit, MI 48226
Phone (non-emergency): (313) 596-2900

 

Detroit Public Schools
3011 W Grand Boulevard
Detroit, MI 48202
Phone: (313) 873-3111

 

Detroit Real Estate Agents

If you're buying or selling a home in Detroit, let our team of Detroit real estate agents guide you through buying or selling a Detroit property today. As local Detroit real estate experts and real estate agents, we have exclusive insider knowledge of Detroit market dynamics. Let us help you today!

To learn more about agent representation while buying or selling a Detroit home, contact the Mark Z home selling team. Check out our comparative market analysis page to receive a free home value analysis in Detroit. We'll get to work for you today!


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