Why Live in Riverbend
Riverbend, a neighborhood in Detroit, is located just over a mile from the Detroit River and features a variety of housing options, including apartments, townhouses, duplexes, and single-family homes. The area includes historic structures and newer Victorian-inspired constructions, with homes set back from sidewalks to provide modest front lawns. Revitalization efforts include an urban orchard of apple trees planted by Wolverine Human Services. Local amenities feature a farmers market on East Warren Avenue and a playground on Goethe Street. The neighborhood is 7 miles from downtown Detroit, with bus stops offering convenient transportation.
Students in Riverbend attend Detroit Public Schools, including Carstens Elementary-Middle and East English Village Preparatory Academy, the latter noted for its highly rated teachers. Shopping and dining options include Yellow Light for coffee and donuts, and Detroit Soul for locally sourced cuisine. Mack-Alter Square features an Aldi and Family Dollar, while Atwater Brewery offers a traditional German beer hall experience. POST, a mixed-use space by Mutal Adoration, provides rentable studios, a retail shop, and craft workshops.
Recreational opportunities include the 2.6-acre Algonquin-Goethe Park, with a soccer field, basketball court, playground, and walking path. Nearby Chandler Park spans over 200 acres and features a golf course, aquatic center, athletic fields, marshland, gardens, a skate park, fitness zone, and tennis courts. The neighborhood is safer than the national average, making it a practical choice for potential homebuyers.
Home Trends in Riverbend, MI
On average, homes in Riverbend, Detroit sell after 130 days on the market compared to the national average of 70 days. The median sale price for homes in Riverbend, Detroit over the last 12 months is $684,900, up 108% from the median home sale price over the previous 12 months.
Median Sale Price
$684,900
Median Single Family Sale Price
$684,900
Average Price Per Sq Ft
$458
Number of Homes for Sale
5
Last 12 months Home Sales
62
Median List Price
$674,900
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
108%
