Why Live in Mount Olivet
Mount Olivet in Detroit is a neighborhood characterized by its historical homes and family-oriented atmosphere. The area features Colonial and ranch-style homes built between the 1920s and 1940s, reflecting the city's automotive boom. Home prices range from $25,000 to $89,000, often depending on the level of repairs needed, with a median price of $54,000. Local parks such as Optimist-Parkgrove Playground and O’Brien Playground offer playgrounds, picnic tables, and paved pathways, while Mount Olivet Cemetery provides a serene green space with miles of paved walkways. Dining options include Captain Jay’s Fish and Chicken, Royal Fish and Chicken, and Great Canadian Fish, Chicken and Seafood. Joe Randazzo’s Fruit and Vegetable Market is a go-to spot for fresh produce. For shopping, residents frequent Veteran Resale Shop and Bruce Resale Shop. The Detroit Historical Society hosts walking tours at Mount Olivet Cemetery, highlighting its historical significance. Downtown Detroit, with attractions like Ford Field and the Detroit Auto Show, is just 8 miles away. The neighborhood is pedestrian-friendly with ample sidewalks and convenient access to bus stops. Major roads such as Outer Drive East and Van Dyke Avenue provide easy routes to Interstate 94 and downtown Detroit. Henry Ford St. John Hospital is a 6-mile drive away. While local schools like Marion Law Academy and Osborn High School have average ratings, they offer manageable student-to-teacher ratios.
Home Trends in Mount Olivet, MI
On average, homes in Mount Olivet, Detroit sell after 77 days on the market compared to the national average of 52 days. The median sale price for homes in Mount Olivet, Detroit over the last 12 months is $65,000, up 10% from the median home sale price over the previous 12 months.
Median Sale Price
$65,000
Median Single Family Sale Price
$62,000
Average Price Per Sq Ft
$53
Number of Homes for Sale
6
Last 12 months Home Sales
23
Median List Price
$75,000
Median Change From 1st List Price
13%
Median Home Sale Price YoY Change
10%
