Why Live in Outer Drive-Hayes
Outer Drive-Hayes is a neighborhood along Interstate 94 in eastern Detroit. Many residential blocks are dense with bungalows and Tudor-inspired brick homes from the 1930s and '40s. Others are pocketed with vacant lots, thanks to the demolition of dilapidated homes. While some properties are well-maintained, others are abandoned and may require significant updates. Low cost real estate and the opportunity for development has made the area popular with investors. Many residents rent rather than own their homes. Glenfield-Lannett Playground recently received a new basketball court. Chandler Park, within 2 miles of home, is a large destination park with sports fields and courts and a new recreation center. On Harper Avenue, locals can stop for a hot dog at Universal Coney or grocery shop at Royal Fresh Market. Residents find more commercial life outside their neighborhood, with upscale retail and dining in Grosse Pointe to the east and trendy restaurants and bars in Midtown to the west. Harpos Concert Theater, a historic Art Moderne venue, is known for hosting rock, heavy metal and hip-hop acts. The neighborhood is commuter-friendly, with I-94 providing access to downtown Detroit, 10 miles west, and Detroit Medical Center, 8 miles away.
Home Trends in Outer Drive-Hayes, MI
On average, homes in Outer Drive-Hayes, Detroit sell after 57 days on the market compared to the national average of 53 days. The median sale price for homes in Outer Drive-Hayes, Detroit over the last 12 months is $68,500, up 11% from the median home sale price over the previous 12 months.
Median Sale Price
$68,500
Median Single Family Sale Price
$79,900
Average Price Per Sq Ft
$69
Number of Homes for Sale
63
Last 12 months Home Sales
92
Median List Price
$84,900
Median Change From 1st List Price
10%
Median Home Sale Price YoY Change
11%