Why Live in University District
University District in Detroit is a prestigious neighborhood known for its close-knit community and historic architecture. Named after the University of Detroit Mercy, this area is home to professionals like doctors, lawyers, and educators. The neighborhood is characterized by unique Tudor, Colonial Revival, and Victorian Revival homes, mostly built in the 1920s and 1930s, showcasing masterful masonry and carpentry. Houses average 3,100 square feet with narrow, long lots, and detached garages. Residents can opt into a neighborhood membership for community services and local discounts. Livernois Avenue of Fashion, bordering the neighborhood to the west, features local shops and eateries like Noni’s Sherwood Grille and Trap Vegan. For groceries, Savon Super Market and Mike’s Fresh Market are within walking distance, while larger stores like Meijer and Marshall’s are about 3 miles north. Palmer Park, a 296-acre greenspace, offers year-round recreation and hosts events like the People for Palmer Park Harvest Festival. The nearby Detroit Golf Club features two 18-hole courses and hosts the Rocket Mortgage Classic PGA Tour event. The neighborhood is walkable with access to public transit along Livernois, 7 Mile, and McNichols, and highways like Interstate 75 and The Lodge are about 3 miles away. The University of Detroit Jesuit High School and Academy, a highly rated private school, serves the area.
Home Trends in University District, MI
On average, homes in University District, Detroit sell after 110 days on the market compared to the national average of 70 days. The median sale price for homes in University District, Detroit over the last 12 months is $347,827, down 16% from the median home sale price over the previous 12 months.
Median Sale Price
$347,827
Median Single Family Sale Price
$359,900
Median Townhouse Sale Price
$880,000
Median 2 Bedroom Sale Price
$335,000
Median 1 Bedroom Sale Price
$235,000
Average Price Per Sq Ft
$234
Number of Homes for Sale
8
Last 12 months Home Sales
106
Median List Price
$375,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-16%
