Why Live in Elijah McCoy
From its name to its nightlife, art and innovation permeate the Elijah McCoy neighborhood. Named after one of the most prolific Black inventors of the late 19th century, this community has experienced rapid growth over the past decade. While it's often lumped with its neighbor to the west, Northwest Goldberg, Elijah McCoy has a more modern, artistic and industrial feel. "It's a very hot area for development and redevelopment," says Ed Butler, a realtor with @properties Christie's Int'l R.E. Birmingham. "Developers are buying older, dilapidated houses in the neighborhood and are rebuilding Victorian-style homes, in addition to condo developments." Anchored by Henry Ford Hospital, this neighborhood is just minutes from Midtown and Downtown. The neighborhood is brimming with fresh, creative energy. Dreamtroit is a prime example of Elijah McCoy's renaissance. Once a recycling plant in disrepair, the sprawling complex is a vibrant community space for creativity and entertainment.
"We're continuing that artistic colony vibe," says Neal Ingram, Dreamtroit property manager., highlighting the rentable outdoor music venues and the onsite bar and club, Lincoln Factory. "That mixed-use
Home Trends in Elijah McCoy, MI
On average, homes in Elijah McCoy, Detroit sell after 89 days on the market compared to the national average of 51 days. The median sale price for homes in Elijah McCoy, Detroit over the last 12 months is $247,450, down 1% from the median home sale price over the previous 12 months.
Median Sale Price
$247,450
Median Single Family Sale Price
$269,000
Median 2 Bedroom Sale Price
$307,450
Average Price Per Sq Ft
$161
Number of Homes for Sale
5
Last 12 months Home Sales
4
Median List Price
$269,000
Median Change From 1st List Price
10%
Median Home Sale Price YoY Change
-1%