Why Live in Corktown
Corktown, Detroit’s oldest neighborhood established in 1834, is known for its charismatic and artistic vibe. Located west of downtown Detroit and midtown, Corktown features colorful, ornate houses and a mix of historic and contemporary residences. The area is highly walkable with bike lanes and good public transit. Michigan Central Station, now a mixed-use space, has brought significant investment to the neighborhood. Corktown offers a variety of unique dining options, including Mudgie’s Deli, Green Dot Stables, Batch Brewing Company, and Bobcat Bonnie’s. For shopping, locals frequent Eastern Market, All Things Marketplace, and John K. King Used & Rare Books. The Yard Graffiti Museum and Hello Records add to the artistic experiences available. Corktown hosts numerous events and festivals, such as the Corktown Races, Corktown Music Festival, and Corktown Sounds. Parks like The Corner Ballpark, Dean Savage Memorial Park, Murphy Playlot, and the renovated Roosevelt Park provide green spaces for recreation. Michigan Avenue runs through Corktown, offering easy access to downtown Detroit, and major improvements are planned for 2024. The neighborhood is connected to Interstate 75 and 96, with SMART buses and rail services available. Despite its vibrant atmosphere, Corktown maintains a calm environment suitable for families. The area has a typical urban pollution level and is safer than the national average. Nearby educational institutions include Wayne County Community College’s downtown campus and several public and private schools, though local schools have average ratings.
Home Trends in Corktown, MI
On average, homes in Corktown, Detroit sell after 74 days on the market compared to the national average of 51 days. The median sale price for homes in Corktown, Detroit over the last 12 months is $555,000, up 57% from the median home sale price over the previous 12 months.
Median Sale Price
$555,000
Median Single Family Sale Price
$372,000
Median Townhouse Sale Price
$579,500
Median 2 Bedroom Sale Price
$610,000
Median 1 Bedroom Sale Price
$339,450
Average Price Per Sq Ft
$307
Number of Homes for Sale
12
Last 12 months Home Sales
17
Median List Price
$589,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
57%
