Why Live in Mohican Regent
Mohican Regent, located on Detroit’s Upper East Side, is a compact community with direct access to major thoroughfares like 8 Mile Road and Gratiot Avenue. This neighborhood features two local parks, a Coney Island franchise, and a variety of vintage homes that are priced below the market average. Developed between the 1920s and 1950s, the area showcases stately brick-built Tudor homes alongside cottages and colonials. Despite historical economic shifts, Detroit’s recent resurgence in manufacturing and housing markets has made Mohican Regent an attractive option for new residents. The neighborhood is known for its landscaped homes, clean streets, and active community involvement. Homes typically range from $60,000 to $130,000, offering diverse options for buyers. The area is ranked among the best Detroit neighborhoods for young professionals and those with a low cost of living. Essential amenities are within walking or biking distance, including a local Aldi and Dunkin’. Dining options are plentiful, with Embassy Coney Island, Mama’s Restaurant, and Peking Chinese Food nearby. Outdoor activities are abundant at Edmore Marbud Park and Wish Egan Field, which offer picnic areas, walking paths, and play spaces. The neighborhood is within 10 miles of downtown Detroit, providing a convenient 25-minute commute. Mohican Regent combines essential features, charming homes, and potential for future growth, making it a noteworthy community in Detroit.
Frequently Asked Questions
Is Mohican Regent a good place to live?
Mohican Regent is a good place to live. Mohican Regent is considered somewhat walkable and bikeable with good transit options. Mohican Regent has 6 parks for recreational activities. It is fairly dense in population with 11.1 people per acre and a median age of 37. The average household income is $57,128 which is below the national average. College graduates make up 8.9% of residents. A majority of residents in Mohican Regent are home owners, with 43.6% of residents renting and 56.4% of residents owning their home. A
local real estate agent serving Mohican Regent can help you decide if this neighborhood is the right one for you. Learn more on our
Mohican Regent neighborhood guide.
How much do you need to make to afford a house in Mohican Regent?
The median home price in Mohican Regent is $225,000. If you put a 20% down payment of $45,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $1,160 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $50K a year to afford the median home price in Mohican Regent. The average household income in Mohican Regent is $57K.
What are the best public schools in Mohican Regent?
The best public schools that serve Mohican Regent are:
What are the best private schools in Mohican Regent?
The best private schools that serve Mohican Regent are:
What are the most popular zip codes in Mohican Regent, Detroit, MI?
What are the most popular neighborhoods near Mohican Regent, Detroit, MI?
Are home prices dropping in Mohican Regent?
Yes, home prices in Mohican Regent are down 21% in the last 12 months.
Home Trends in Mohican Regent, MI
On average, homes in Mohican Regent, Detroit sell after 93 days on the market compared to the national average of 70 days. The median sale price for homes in Mohican Regent, Detroit over the last 12 months is $205,000, down 44% from the median home sale price over the previous 12 months.
Median Sale Price
$205,000
Median Single Family Sale Price
$205,000
Median 2 Bedroom Sale Price
$1,189,000
Average Price Per Sq Ft
$211
Number of Homes for Sale
0
Last 12 months Home Sales
53
Median List Price
$225,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-44%
