Why Live in Regent Park
Regent Park, located on the northeastern outskirts of Detroit, features a variety of home styles including colonial revivals, brick bungalows, Cape Cods, and ranch homes, many dating back to the early- and mid-1900s. The neighborhood is characterized by lush landscaping and mature trees, particularly vibrant in the spring and summer. Lot sizes are typically around 5,000 square feet, providing ample space for gardening. Some homes have been updated with modern amenities, while others may require significant repairs. The median home price is $59,000, reflecting a 6% increase from the previous year. Regent Park offers several community features, including the Heilmann Recreation Center, which provides programming for all ages, and Bringard Boulder Park, which has a playground, exercise equipment, and walking paths. St. Jude Parish, an elaborate Catholic Church from the 1940s, is also a neighborhood landmark. For dining and shopping, residents frequent the intersection of Gratiot Avenue and 8 Mile Road, home to casual eateries like Dunkin’ and White Castle, and an Aldi grocery store. Public transit options are available along major roads, and downtown Detroit is just 11 miles away via Gratiot Avenue and Interstate 94. The neighborhood is served by Regent Park Scholars Charter Academy, a tuition-free K-8 option.
Home Trends in Regent Park, MI
On average, homes in Regent Park, Detroit sell after 94 days on the market compared to the national average of 70 days. The median sale price for homes in Regent Park, Detroit over the last 12 months is $457,900, up 17% from the median home sale price over the previous 12 months.
Median Sale Price
$457,900
Median Single Family Sale Price
$500,000
Median Townhouse Sale Price
$379,074
Median 2 Bedroom Sale Price
$399,900
Average Price Per Sq Ft
$273
Number of Homes for Sale
12
Last 12 months Home Sales
278
Median List Price
$475,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
17%
