Why Live in Chalfonte
Chalfonte, situated 9 miles north of downtown Detroit, is a neighborhood known for its accessible home prices and convenient commuting options. The area showcases classic Detroit architecture, including brick bungalows, Tudor revivals, and small ranches, many of which are nearly 100 years old. Most homes feature fenced backyards and paved driveways. Commuting is straightforward with John C. Lodge Freeway just 2 blocks north and Interstate 96 a mile south, along with several DDOT bus routes. Local amenities include Liberty Food Center, 2 miles north, and a strip mall 5 miles away at 8 Mile and Woodward. Dining options feature Super Coney Island, a local favorite for all meals, and Wyoming Fresh Fish and Seafood, known for fresh and fried fish offerings. Clinton Park, centrally located in Chalfonte, offers a playscape, basketball court, grills, and picnic areas, while the nearby Adams Butzel Complex provides extensive indoor and outdoor recreational facilities, including archery, ice sports, swimming, baseball, soccer, and tennis. The complex’s playground is a popular spot during warm summer days. Chalfonte is attracting attention from investors and first-time homebuyers due to its potential and proximity to a revitalizing downtown Detroit.
Frequently Asked Questions
Is Chalfonte a good place to live?
Chalfonte is a good place to live. Chalfonte is considered very car-dependent and somewhat bikeable with some transit options. Chalfonte has 5 parks for recreational activities. It is somewhat dense in population with 8.7 people per acre and a median age of 39. The average household income is $48,211 which is below the national average. College graduates make up 6.1% of residents. A majority of residents in Chalfonte are renters, with 52% of residents renting and 48% of residents owning their home. A
local real estate agent serving Chalfonte can help you decide if this neighborhood is the right one for you. Learn more on our
Chalfonte neighborhood guide.
How much do you need to make to afford a house in Chalfonte?
The median home price in Chalfonte is $75,950. If you put a 20% down payment of $15,200 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $390 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $17K a year to afford the median home price in Chalfonte. The average household income in Chalfonte is $48K.
What are the best public schools in Chalfonte?
The best public schools that serve Chalfonte are:
What are the best private schools in Chalfonte?
The best private schools that serve Chalfonte are:
What are the most popular zip codes in Chalfonte, Detroit, MI?
What are the most popular neighborhoods near Chalfonte, Detroit, MI?
Are home prices dropping in Chalfonte?
Yes, home prices in Chalfonte are down 12% in the last 12 months.
Home Trends in Chalfonte, MI
On average, homes in Chalfonte, Detroit sell after 74 days on the market compared to the national average of 52 days. The median sale price for homes in Chalfonte, Detroit over the last 12 months is $37,500, down 35% from the median home sale price over the previous 12 months.
Median Sale Price
$37,500
Median Single Family Sale Price
$66,250
Average Price Per Sq Ft
$65
Number of Homes for Sale
9
Last 12 months Home Sales
18
Median List Price
$75,950
Median Change From 1st List Price
18%
Median Home Sale Price YoY Change
-35%
