Why Live in Detroit Beach
Detroit Beach, a neighborhood with a rich history along Lake Erie, has evolved from a vacation home community into a year-round residential area. The neighborhood features a mix of old cottages, modern mansions, ranch-style homes, Colonial Revivals, and bilevel homes. Flood insurance is often required for homes near the lake due to high winds and potential water damage. The community is known for its social events, including a large Halloween party, Easter egg hunts, and Christmas celebrations. Residents enjoy 11 parks, with two offering athletic courts and play equipment. The neighborhood is managed by The Resort Authority District, which oversees infrastructure projects and flood prevention measures. Detroit Beach is marked by two lighthouse-modeled columns and a sign restricting access to residents and Detroit Beach Boat Club members. The neighborhood is served by the Jefferson School District, with students attending four schools before graduation. North Dixie Highway, just outside the neighborhood, provides convenience stores, national chains, and local dining options like Sal's Family Restaurant. Major employers such as DTE Energy, ProMedica Monroe Regional Hospital, and La-Z-Boy headquarters are within a 5-mile drive. The area is safer than the national average, and Lake Erie Transit buses provide public transportation. Despite the absence of sidewalks, the streets are spacious and free from non-residential traffic, making them suitable for walking and biking.
Frequently Asked Questions
What is the average home price in Detroit Beach, MI?
Homes for sale in Detroit Beach, MI have an average home price of $205,453.
Are home prices dropping in Detroit Beach?
Yes, home prices in Detroit Beach are down 27% in the last 12 months.
How many homes have sold over the last 12 months in Detroit Beach, MI?
24 homes have sold in Detroit Beach, MI over the last 12 months.
What are the most popular zip codes in Detroit Beach, MI?
How much do you need to make to afford a house in Detroit Beach?
The median home price in Detroit Beach is $185,000. If you put a 20% down payment of $37,000 and had a 30-year fixed mortgage with an interest rate of 6.77%, your estimated principal and interest payment would be $960 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $41K a year to afford the median home price in Detroit Beach.
How are the schools in Detroit Beach, MI?
Home Trends in Detroit Beach, MI
On average, homes in Detroit Beach, MI sell after 41 days on the market compared to the national average of 50 days. The median sale price for homes in Detroit Beach, MI over the last 12 months is $158,950, down 25% from the median home sale price over the previous 12 months.
Median Sale Price
$158,950
Median Single Family Sale Price
$159,900
Average Price Per Sq Ft
$143
Number of Homes for Sale
2
Last 12 months Home Sales
24
Median List Price
$185,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-25%
