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Penrose Homes for Sale

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  • /15

    $74,900

    • 4 Beds
    • 1 Bath
    • 1,020 Sq Ft

    969 Fernhill St, Highland Park, MI 48203

    Welcome to 969 Fernhill! This Detroit bungalow is 4 beds, 1 bath, 1020 sqft, with a basement. Currently tenant occupied and is willing to stay on upon request. Schedule a showing today! BTVAI

    Jeff Glover KW Professionals

    969 Fernhill St, Highland Park, MI 48203
  • /12

    $44,900

    • 3 Beds
    • 1 Bath
    • 1,016 Sq Ft

    1105 Adeline St, Highland Park, MI 48203

    Welcome to 1105 Adeline! This Detroit bungalow is 3 bedrooms, 1 bath, 1016 sqft, with a basement. Currently down to the studs and ready for TLC to make it your own. Schedule a showing today! BTVAI

    Jeff Glover KW Professionals

    1105 Adeline St, Highland Park, MI 48203
  • /13

    $34,900

    • 2 Beds
    • 1 Bath
    • 792 Sq Ft

    975 Fernhill St, Highland Park, MI 48203

    Welcome to 975 Fernhill! This Detroit ranch is 2 bedrooms, 1 bath, and 792 Sqft. The roof is newer, within the last couple of years. Currently down to the studs and ready for TLC to make it your own. Schedule a showing today! BTVAI

    Jeff Glover KW Professionals

    975 Fernhill St, Highland Park, MI 48203
  • /21

    $39,900

    • 2 Beds
    • 1 Bath
    • 1,224 Sq Ft

    985 Fernhill St, Highland Park, MI 48203

    Welcome to 985 Fernhill! This Detroit bungalow is 2 bedrooms, 1 bath, and 1224 Sqft. The roof is newer, within the last couple of years. Currently down to the studs and ready for TLC to make it your own. Schedule a showing today! BTVAI

    Jeff Glover KW Professionals

    985 Fernhill St, Highland Park, MI 48203
  • /27

    $90,000

    • 3 Beds
    • 1 Bath
    • 992 Sq Ft

    702 Fernhill St, Highland Park, MI 48203

    This charming 3-bedroom home is nestled on a quiet street near the new Amazon warehouse and less than 5 minutes from downtown Ferndale, offering convenient access to shopping, dining, and entertainment. Inside, you'll find beautiful hardwood floors that add warmth and character, an inviting dining room ideal for family gatherings, and an updated bathroom with a new tub surround and ceramic tile.

    Alec Casal New Era Real Estate LLC

    702 Fernhill St, Highland Park, MI 48203
  • /13

    $147,500

    • 4 Beds
    • 2 Baths
    • 1,264 Sq Ft

    19312 Danbury St, Highland Park, MI 48203

    Large Highland park bungalow on a TRIPLE lot! This home features 3 bedrooms, 2 bathrooms, and over 1200 sq.ft of living space. Large fence around the property and a large driveway with plenty of space. Located right off of Woodward and close to expressway, shopping, and restaurants.

    Erick Monzo Keller Williams Realty-Great Lakes

    19312 Danbury St, Highland Park, MI 48203

Why Live in Penrose

Named for its location along Penrose Street, Detroit’s Penrose neighborhood packs a century of culture and resilience into a small community at the city’s northern edge. This three-by-nine-block neighborhood north of Seven Mile was historically known as “Chaldean Town” for its strong Assyrian character, acquired through decades of migration from the former Ottoman Empire. Though Penrose experienced great hardship as Detroit deindustrialized and grappled with socioeconomic crises in the late 20th century, its sense of community has survived in the form of family businesses and the preservation of historic properties. “Some of the housing stock that was built strong to begin with has survived," says Re/Max First Realtor Keith Weber, an expert on this part of Detroit for over 35 years. "These are big brick houses, and they’re like, ‘I don’t care; you can ignore me for three decades – I’ll still be here!’ These homes have great bones. " Penrose traces its origins to Detroit’s 1920s industrial heyday, during which tens of thousands of small homes were built to accommodate factory workers. “The choices that were made 100 years ago still resonate today," says Weber. "Even if these brick

Frequently Asked Questions

Is Penrose a good place to live?
Penrose is a good place to live. Penrose is considered very car-dependent and bikeable with good transit options. Penrose has 5 parks for recreational activities. It has a median age of 38. The average household income is $21,267 which is below the national average. College graduates make up 2.8% of residents. A majority of residents in Penrose are renters, with 87% of residents renting and 13% of residents owning their home. A local real estate agent serving Penrose can help you decide if this neighborhood is the right one for you. Learn more on our Penrose neighborhood guide.
Is Penrose, MI a safe neighborhood?
Penrose, 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 Penrose?
The median home price in Penrose is $344,900. If you put a 20% down payment of $69,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $1,790 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $77K a year to afford the median home price in Penrose. The average household income in Penrose is $21K.
What are the best public schools in Penrose?
The best public schools that serve Penrose are:
What are the best private schools in Penrose?
The best private schools that serve Penrose are:
What are the most popular zip codes in Penrose, Detroit, MI?
The most popular zip codes in Penrose, Detroit, MI include 48203, 48030, 48220, 48221 and 48234.
What are the most popular neighborhoods near Penrose, Detroit, MI?
The most popular neighborhoods near Penrose, Detroit, MI are Grixdale Farms, Palmer Woods, Nolan, Detroit Golf Club and Greenfield Park.
Are home prices dropping in Penrose?
Yes, home prices in Penrose are down 19% in the last 12 months.

Home Trends in Penrose, MI

Housing Trends

Median Sale Price
$345,000
Number of Homes for Sale
0
Last 12 months Home Sales
7
Months of Supply
0.00
Median List Price
$344,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
4%
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