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Forest Park-Eastern Market Homes for Sale

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  • /42

    $715,000

    • 2 Beds
    • 2 Baths
    • 1,780 Sq Ft

    3434 Russell St Unit 107, Detroit, MI 48207

    This might just be the most beautiful loft in Detroit.And it’s ready for you to fall in love.Unit 107 at the FD Lofts is a bold and beautifully executed renovation inside a historic former Detroit Fire Department station. With its soaring ceilings, polished concrete floors, and exposed brick and ductwork, the space stays true to its industrial roots—while introducing refined,

    Jerome Huez Berkshire Hathaway HomeServices The Loft Warehouse

    3434 Russell St Unit 107, Detroit, MI 48207
  • /29

    $439,000

    • 2 Beds
    • 1 Bath
    • 1,158 Sq Ft

    3434 Russell St Unit 28-205, Detroit, MI 48207

    Eastern Market True Loft FOR SALE within the FD Loft community off Russell Street. The condo community is steps from the restaurants, coffee, and bars that make Eastern Market a vibrant staple of Detroit. This custom 2 story loft unit has an entire wall of 9ft eastern facing windows. Bright yet serene. Every detail was thoughtfully planned and designed to maximize on workable space. Concrete

    Elizabeth Tintinalli @properties Christie's Int'l R.E. Detroit

    3434 Russell St Unit 28-205, Detroit, MI 48207

Why Live in Forest Park-Eastern Market

Forest Park-Eastern Market in Detroit is a vibrant neighborhood known for its bustling shopping, dining, and entertainment options. The centerpiece of the community is the historic Eastern Market, one of the largest and oldest outdoor farmers markets in the country, offering fresh produce, flowers, meat, and local art. The market operates on Saturdays, Sundays, and Tuesdays, with additional activities like free Zumba and yoga classes on Tuesdays. Residents enjoy a variety of dining options, including the popular Vivio’s restaurant, known for its classic bar and grill ambiance, and craft beverages from Detroit City Distillery and local breweries like Lagerhaus No. 5 and Eastern Market Brewing. The neighborhood's proximity to Midtown provides easy access to the Detroit Medical Center and Wayne State University, making it convenient for students and professionals. Transportation is facilitated by the nearby Chrysler Freeway, Gratiot Avenue, and several bus lines, ensuring connectivity throughout metro Detroit. Housing in Forest Park-Eastern Market primarily consists of multifamily complexes, including two-story brick townhouses and loft-style condos in repurposed industrial buildings. While properties are scarce and sell quickly, they contribute to the neighborhood's exclusive feel. Recreational options include Forest Park and the Dequindre Cut, a greenway for biking and walking. However, the area has higher noise levels due to its location near major attractions and roadways.

Frequently Asked Questions

Is Forest Park-Eastern Market a good place to live?
Forest Park-Eastern Market is a good place to live. Forest Park-Eastern Market is considered fairly walkable and very bikeable with good transit options. Forest Park-Eastern Market is a suburban neighborhood. Forest Park-Eastern Market has 7 parks for recreational activities. It is fairly sparse in population with 3.6 people per acre and a median age of 33. The average household income is $42,310 which is below the national average. College graduates make up 17.6% of residents. A majority of residents in Forest Park-Eastern Market are renters, with 95.3% of residents renting and 4.7% of residents owning their home. A local real estate agent serving Forest Park-Eastern Market can help you decide if this neighborhood is the right one for you. Learn more on our Forest Park-Eastern Market neighborhood guide.
Is Forest Park-Eastern Market, MI a safe neighborhood?
Forest Park-Eastern Market, MI is less safe than the average neighborhood in the United States. It received a crime score of 10 out of 10.
How much do you need to make to afford a house in Forest Park-Eastern Market?
The median home price in Forest Park-Eastern Market is $582,500. If you put a 20% down payment of $116,500 and had a 30-year fixed mortgage with an interest rate of 6.75%, your estimated principal and interest payment would be $3,020 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $129K a year to afford the median home price in Forest Park-Eastern Market. The average household income in Forest Park-Eastern Market is $42K.
What are the best public schools in Forest Park-Eastern Market?
The best public schools that serve Forest Park-Eastern Market are:
What are the best private schools in Forest Park-Eastern Market?
The best private schools that serve Forest Park-Eastern Market are:
What are the most popular zip codes in Forest Park-Eastern Market, Detroit, MI?
The most popular zip codes in Forest Park-Eastern Market, Detroit, MI include 48207, 48214, 48201, 48211 and 48202.
What are the most popular neighborhoods near Forest Park-Eastern Market, Detroit, MI?
The most popular neighborhoods near Forest Park-Eastern Market, Detroit, MI are McDougall-Hunt, Brush Park, Lafayette Park, Elmwood Park and Midtown.

Home Trends in Forest Park-Eastern Market, MI

Housing Trends

Median 2 Bedroom Sale Price
$577,000
Average Price Per Sq Ft
$390
Number of Homes for Sale
2
Median List Price
$582,500
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