Why Live in Krainz Woods
Krainz Woods in Detroit is a neighborhood with a rich history, featuring homes primarily built between the 1940s and 1960s. The area showcases a mix of ranch, colonial, and Tudor-style homes, with many properties undergoing complete renovations. Krainz Park, named after World War II hero John Krainz, Jr., spans almost three blocks and includes a basketball court, playgrounds, and walking trails. The Syracuse-Hildale Playground on the east side offers additional recreational space. Residents have access to the Detroit public bus system via bus stops along Seven Mile and Nevada Street, with Interstate 75 located two miles west, connecting to the Detroit Medical Center 6 miles away and downtown Detroit 9 miles away. Local dining options include Nevada Coney Island, known for its 24-hour service, and Taylor Made Burgers, famous for its burgers and fried shrimp. Shopping can be done at Royal Fresh Market, a mile and a half west, and Belmont Shopping Center on 8 Mile, which houses retail chains like Foot Locker and DTLR. The neighborhood is safer than the national average, making it a practical choice for homebuyers. Schools in the area include Mason Academy and Legacy Charter Academy for pre-kindergarten through eighth grade, with Pershing High School offering robotics programs and ACT prep courses. Krainz Woods offers a variety of features that cater to both families and individuals looking for a community with historical charm and modern conveniences.
Frequently Asked Questions
Is Krainz Woods a good place to live?
Krainz Woods is a good place to live. Krainz Woods is considered car-dependent and somewhat bikeable with some transit options. Krainz Woods has 7 parks for recreational activities. It is fairly dense in population with 11.2 people per acre and a median age of 35. The average household income is $45,138 which is below the national average. College graduates make up 10.6% of residents. A majority of residents in Krainz Woods are home owners, with 49.5% of residents renting and 50.5% of residents owning their home. A
local real estate agent serving Krainz Woods can help you decide if this neighborhood is the right one for you. Learn more on our
Krainz Woods neighborhood guide.
Is Krainz Woods, MI a safe neighborhood?
Krainz Woods, MI is less safe than the average neighborhood in the United States. It received a crime score of 7 out of 10.
How much do you need to make to afford a house in Krainz Woods?
The median home price in Krainz Woods is $316,000. If you put a 20% down payment of $63,200 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $1,640 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $70K a year to afford the median home price in Krainz Woods. The average household income in Krainz Woods is $45K.
What are the best public schools in Krainz Woods?
The best public schools that serve Krainz Woods are:
What are the best private schools in Krainz Woods?
The best private schools that serve Krainz Woods are:
What are the most popular zip codes in Krainz Woods, Detroit, MI?
What are the most popular neighborhoods near Krainz Woods, Detroit, MI?
Are home prices dropping in Krainz Woods?
Yes, home prices in Krainz Woods are down 25% in the last 12 months.
Home Trends in Krainz Woods, MI
On average, homes in Krainz Woods, Detroit sell after 55 days on the market compared to the national average of 70 days. The median sale price for homes in Krainz Woods, Detroit over the last 12 months is $365,000, up 10% from the median home sale price over the previous 12 months.
Median Sale Price
$365,000
Median Single Family Sale Price
$316,000
Median 2 Bedroom Sale Price
$465,000
Average Price Per Sq Ft
$212
Number of Homes for Sale
2
Last 12 months Home Sales
39
Median List Price
$316,000
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
10%