Why Live in Wade
Wade, a residential neighborhood on Detroit’s east side, offers affordable housing options and convenient access to major roads like Interstate 94 and Gratiot Avenue. This quiet community features mostly brick bungalows, cottage-style houses, and some two-story Colonial Revival homes, with many properties boasting spacious front porches. The area has a neighborly, urban feel with houses built close together and sidewalks enhancing walkability. Mature trees provide shade, and vacant lots are scattered throughout. While there are no parks within Wade, residents can visit the nearby 200-acre Chandler Park, which offers a golf course, tennis and pickleball courts, basketball, softball, and soccer fields, a skate park, and the Wayne County Family Aquatic Center. Dining options include Rio’s Coney Island, known for its hot dogs and corned beef sandwiches, and several chain restaurants on Gratiot Avenue. For groceries, Mazen Foods and Farmer John Food Center are both about 1 mile away. Wade’s location provides easy access to downtown Detroit, 6.5 miles via Gratiot Avenue or 9 miles via Interstate 94, and the northern suburbs like St. Clair Shores, 7 miles northeast. Although there are no bus stops within Wade, nearby stops on Harper Avenue and Gratiot Avenue facilitate public transportation.
Frequently Asked Questions
Is Wade a good place to live?
Wade is a good place to live. Wade is considered very car-dependent and somewhat bikeable with some transit options. Wade has 5 parks for recreational activities. It is somewhat dense in population with 10.7 people per acre and a median age of 38. The average household income is $47,429 which is below the national average. College graduates make up 5.3% of residents. A majority of residents in Wade are home owners, with 43.5% of residents renting and 56.5% of residents owning their home. A
local real estate agent serving Wade can help you decide if this neighborhood is the right one for you. Learn more on our
Wade neighborhood guide.
Is Wade, MI a safe neighborhood?
Wade, 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 Wade?
The median home price in Wade is $495,000. If you put a 20% down payment of $99,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $2,560 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $110K a year to afford the median home price in Wade. The average household income in Wade is $47K.
What are the best public schools in Wade?
The best public schools that serve Wade are:
What are the most popular zip codes in Wade, Detroit, MI?
What are the most popular neighborhoods near Wade, Detroit, MI?
Are home prices dropping in Wade?
Yes, home prices in Wade are down 9% in the last 12 months.
Home Trends in Wade, MI
On average, homes in Wade, Detroit sell after 50 days on the market compared to the national average of 70 days. The median sale price for homes in Wade, Detroit over the last 12 months is $495,000, down 3% from the median home sale price over the previous 12 months.
Median Sale Price
$495,000
Median Single Family Sale Price
$495,000
Median 2 Bedroom Sale Price
$998,000
Average Price Per Sq Ft
$328
Number of Homes for Sale
2
Last 12 months Home Sales
33
Median List Price
$495,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-3%
