Why Live in Gratiot Woods
Gratiot Woods, situated on Detroit's eastside, is a neighborhood bordered by Gratiot Avenue to the north and Mack Avenue to the south, providing easy commutes throughout the city. The area features classic Detroit architecture, including Bungalows, Dutch Colonials, and American four-square homes, many built in the 1910s and 1920s. While some homes have been restored, others are available as fixer-uppers. The Detroit Catholic Pastoral Alliance has invested significantly in housing developments, contributing to the neighborhood's revitalization. Residents have access to several bus lines and Interstate 94, which is just a mile north. Downtown Detroit is less than 5 miles away, reachable in about 10 to 15 minutes. Local amenities include Farmer John Food Center for groceries, On The Rise Bakery for baked goods, and Hollywood Coney Island for casual dining. Nearby Pingree Park offers softball fields, basketball courts, and walking trails, while Chandler Park, 2.5 miles away, provides additional recreational activities. Despite the convenience of major roads, the neighborhood experiences higher noise levels and has a fire station at its center, leading to occasional sirens.
Home Trends in Gratiot Woods, MI
On average, homes in Gratiot Woods, Detroit sell after 60 days on the market compared to the national average of 52 days. The median sale price for homes in Gratiot Woods, Detroit over the last 12 months is $47,000, down 6% from the median home sale price over the previous 12 months.
Median Sale Price
$47,000
Median Single Family Sale Price
$65,000
Average Price Per Sq Ft
$58
Number of Homes for Sale
11
Last 12 months Home Sales
11
Median List Price
$69,900
Median Change From 1st List Price
14%
Median Home Sale Price YoY Change
-6%
