Why Live in Cornerstone Village
Cornerstone Village in Detroit is a historic neighborhood bordering Grosse Pointe, Grosse Pointe Farms, Grosse Pointe Woods, and Harper Woods. Established by French and Belgian farmers in the early 20th century, it became part of Detroit in 1925 and developed into a densely populated urban area by the 1960s. The neighborhood features a mix of home styles, including bungalows, ranches, Cape Cods, Colonial Revivals, and Tudors, with most homes built between 1925 and 1972. Residents enjoy green spaces and parks, notably the 56-acre Balduck Park, which offers trails, sports areas, and a dog park. The neighborhood has a lower crime risk compared to many other Detroit areas.
Cornerstone Village is home to unique businesses like Cadieux Cafe, known for its Belgian feather bowling lanes, and the Detroit Pepper Company, a popular takeout restaurant. The Savoy steakhouse and East Warren Farmers Market add to the local dining and shopping options. The neighborhood is well-connected with sidewalks, bus routes, and a bike score of 55/100. Ascension St. John Hospital and Children’s Hospital are nearby, and the area is conveniently located next to Interstate 94, providing an 11-mile commute to downtown Detroit.
Frequently Asked Questions
Is Cornerstone Village a good place to live?
Cornerstone Village is a good place to live, receiving 3.7 stars from its residents. Cornerstone Village is considered somewhat walkable and bikeable with some transit options. Cornerstone Village has 7 parks for recreational activities. It is somewhat dense in population with 8.2 people per acre and a median age of 37. The average household income is $51,769 which is below the national average. College graduates make up 13.6% of residents. A majority of residents in Cornerstone Village are home owners, with 49.9% of residents renting and 50.1% of residents owning their home. A
local real estate agent serving Cornerstone Village can help you decide if this neighborhood is the right one for you. Learn more on our
Cornerstone Village neighborhood guide.
How much do you need to make to afford a house in Cornerstone Village?
The median home price in Cornerstone Village is $90,000. If you put a 20% down payment of $18,000 and had a 30-year fixed mortgage with an interest rate of 6.35%, your estimated principal and interest payment would be $450 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $19K a year to afford the median home price in Cornerstone Village. The average household income in Cornerstone Village is $52K.
What are the best public schools in Cornerstone Village?
The best public schools that serve Cornerstone Village are:
What are the best private schools in Cornerstone Village?
The best private schools that serve Cornerstone Village are:
What are the most popular zip codes in Cornerstone Village, Detroit, MI?
What are the most popular neighborhoods near Cornerstone Village, Detroit, MI?
Home Trends in Cornerstone Village, MI
On average, homes in Cornerstone Village, Detroit sell after 55 days on the market compared to the national average of 52 days. The median sale price for homes in Cornerstone Village, Detroit over the last 12 months is $85,000, up 4% from the median home sale price over the previous 12 months.
Median Sale Price
$85,000
Median Single Family Sale Price
$89,900
Median 2 Bedroom Sale Price
$19,000
Median 1 Bedroom Sale Price
$17,000
Average Price Per Sq Ft
$84
Number of Homes for Sale
56
Last 12 months Home Sales
111
Median List Price
$90,000
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
4%
