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Indian Village

Detroit, MI

Neighborhood Market Analysis

Q3 2025 Report
$467,000 (June 2025)
Median Home Price
60 (Somewhat Walkable)
Walkability Score
Public schools are average; private options are highly rated and popular among residents.
School Rating

Location Overview

Neighborhood Boundaries

Roughly bounded by Mack Ave (north), E Jefferson Ave (south), Burns St (west), and Seminole St (east).

Zip Codes

48214

Market Data Summary

Price RangeRecent sales range from $149,500 (median sold price, June 2025) to $546,000 (early 2025 high) depending on property size and condition.
Price per Sq Ft$130 (June 2025)
Inventory Levels40 homes for sale in June 2025, up 17.6% from May 2025; inventory by bedroom type increasing, especially for 3- and 5-bedroom homes.

Property Characteristics

Home Types & Architecture

Home Types

Single-family homesHistoric mansionsMulti-family units

Architectural Styles

Colonial RevivalTudor RevivalGeorgian RevivalArts & Crafts

Property Details

Typical Lot SizesLarge lots, often 0.25 to 0.5 acres; mature landscaping.
Home Age RangeMost homes built between 1895 and 1920; historic preservation is common.
Construction QualityHigh-quality, historic craftsmanship; many homes feature original woodwork, stained glass, and period details.

Community Profile

Demographics & Lifestyle

Demographics

Diverse, with a mix of long-term residents, young professionals, and families; higher median income than Detroit average.

Community Vibe

Historic, tight-knit, pride of ownership, active community events and garden tours.

Typical Residents

  • Families
  • Young professionals
  • Retirees
  • History and architecture enthusiasts

Family Friendly

Yes—quiet streets, large yards, and active neighborhood association.

Amenities & Lifestyle

Parks & Recreation

  • • Gabriel Richard Park
  • • Detroit Riverwalk (nearby)
  • • Neighborhood gardens

Dining Options

  • • Nearby Jefferson Ave restaurants
  • • Local cafes

Shopping Centers

  • • Nearby West Village shops
  • • Jefferson Ave retail

Local Businesses

  • • Indian Village Market
  • • Local coffee shops
  • • Boutique fitness studios

Education & Schools

Public schools are average; private options are highly rated and popular among residents.
Overall School Rating

Elementary Schools

  • • Nichols Elementary-Middle School

Middle Schools

  • • Nichols Elementary-Middle School

High Schools

  • • Southeastern High School

Private Schools

  • • Detroit Waldorf School
  • • University Liggett School (nearby)

Transportation & Accessibility

Transit & Roads

Public Transit

  • • DDOT bus routes on Jefferson Ave and Mack Ave

Major Roads

  • • Jefferson Ave
  • • Mack Ave
  • • I-94 (nearby)

Commute & Walkability

Commute Times10-15 minutes to downtown Detroit by car; 20-30 minutes by public transit.
WalkabilityModerate; walkable to some amenities, but car recommended for most errands.
ParkingAmple street and driveway parking; garages common in larger homes.

Marketing Intelligence

Target Buyer Types

  • History/architecture enthusiasts
  • Families seeking large homes
  • Young professionals
  • Investors (multi-family)

Key Selling Points

  • Historic architecture
  • Large lots and homes
  • Active, engaged community
  • Strong appreciation potential

Pricing Considerations

Price competitively based on recent sales and condition; premium for renovated historic homes.

Common Objections & Response Strategies

Objection: Concerns about maintenance costs for historic homes

Response Strategy:

Provide inspection reports, highlight recent upgrades, and connect buyers with local contractors experienced in historic renovations.

Objection: Perceived safety concerns in Detroit

Response Strategy:

Share neighborhood crime data, highlight active neighborhood patrols, and discuss community engagement.

Objection: Limited walkability to major retail

Response Strategy:

Emphasize proximity to downtown, local businesses, and the neighborhood's quiet, residential character.

Investment Insights

Investment Potential

Appreciation Potential

Strong, with 2–4% annual appreciation in recent years; historic designation supports long-term value.

Rental Demand

High for single-family and multi-family units; young professionals and families seeking historic homes.

Buyer Competition

Moderate; homes sell quickly (15 DOM), but not highly competitive compared to national hot spots.

Best For

  • Owner-occupants seeking historic homes
  • Investors targeting high-end rentals
  • Buyers seeking community engagement

Potential Concerns

  • Aging infrastructure and maintenance costs
  • Higher property taxes for historic homes

Professional Recommendations

1

Emphasize historic value and community engagement in marketing.

2

Prepare buyers for maintenance realities of older homes.

3

Leverage neighborhood association resources for showings and open houses.

4

Network with local contractors and preservation experts.

5

Highlight recent sales and fast market times to motivate buyers.

Competitive Analysis

Comparable Markets

  • Boston-Edison
  • West Village
  • Palmer Woods

Market Positioning

Premium historic neighborhood with strong community identity and appreciation potential.

Competitive Advantages

  • Unique historic architecture
  • Larger lots and homes
  • Active neighborhood association

Price Comparison

Priced higher than most Detroit neighborhoods, but lower than Palmer Woods; similar to Boston-Edison and West Village.

Investment Metrics

4–5% for well-maintained single-family rentals; higher for multi-family units.
Cap Rates
5–6% gross yields typical for renovated homes.
Rental Yields
18–20, reflecting premium for ownership and historic value.
Price-to-Rent
Positive for multi-family and well-priced single-family homes; higher returns with value-add renovations.
Cash Flow
2–4% annual appreciation expected over next 3 years.
Appreciation

Buyer Journey Insights

First-Time Buyers

May be challenged by higher prices and maintenance costs, but benefit from strong community and appreciation.

Move-Up Buyers

Attracted to larger homes, historic charm, and community events.

Downsizers

Less common, but some seek smaller historic homes or condos nearby.

Investors

Strong interest in multi-family and high-end rentals; stable tenant demand.

Relocators

Drawn by proximity to downtown, unique architecture, and community culture.

This neighborhood analysis was generated using hyperlocal data and AI intelligence.

Neighborhood conditions change - consult with local real estate professionals for the most current information.

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