Why Live in New Center
New Center in Detroit is a vibrant neighborhood known for its historic homes and elegant high-rise architecture. Residents appreciate the walkability and proximity to major employers like Henry Ford Hospital. The area boasts a variety of dining options along Woodward Avenue, including Joe Louis Southern Kitchen and Baobab Fare, recognized for its East African cuisine. Retail locations in the Fisher Building and New Center One, such as The Fashion Place and Pure Detroit, offer shopping opportunities. The Fisher Building, a landmark designed by Albert Kahn, houses the Fisher Theater, which hosts Broadway shows, making it a key point of interest. New Center Park offers outdoor movie nights in the summer, while Pallister Park provides green space with a jungle gym and sports fields. The neighborhood features a mix of American Foursquare and Arts and Crafts homes, along with condominiums and apartments. Studio condos start around $100,000, while more luxurious 3-bedroom units can be found from the mid $200,000s. The QLINE streetcar system connects residents to midtown and downtown Detroit, enhancing convenience. Detroit Metropolitan Wayne County Airport is less than 20 miles away, facilitating travel. While local schools have average ratings, Wayne State University is nearby, offering higher education opportunities. The neighborhood's blend of historic charm, modern amenities, and accessibility make it a dynamic place to live.
Home Trends in New Center, MI
On average, homes in New Center, Detroit sell after 48 days on the market compared to the national average of 52 days. The median sale price for homes in New Center, Detroit over the last 12 months is $144,900, down 11% from the median home sale price over the previous 12 months.
Median Sale Price
$144,900
Median Single Family Sale Price
$365,000
Median 2 Bedroom Sale Price
$120,000
Median 1 Bedroom Sale Price
$129,000
Average Price Per Sq Ft
$185
Number of Homes for Sale
5
Last 12 months Home Sales
21
Median List Price
$147,400
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-11%