Chaldean Town, Detroit, MI
Chaldean Town — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Chaldean Town, Detroit, Michigan. Explore the cited sources and local facts below while agent underwriting continues.
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Chaldean Town Neighborhood Overview
Chaldean Town is a historically significant and culturally vibrant neighborhood in Detroit, centered along 7 Mile Road. It serves as a central hub for the city's Chaldean and broader Middle Eastern communities. The area is known for its strong cultural identity, family-owned businesses, and close-knit atmosphere.
Lifestyle & Amenities
The neighborhood is renowned for its authentic Middle Eastern markets, bakeries, and restaurants, offering traditional foods and goods. Daily life revolves around family, faith, and community, with local shops and social gatherings fostering a strong sense of belonging. Its commercial strip is a destination for those seeking unique cultural experiences and culinary delights.
Real Estate Market
The real estate market in Chaldean Town presents a notable contrast, with a Census median home value of $381,500. Current market data indicates an asking rent of approximately $63,450 per month and a price per square foot around $52.48. This market dynamic reflects the area's unique position and ongoing evolution within Detroit's broader housing landscape.
Schools & Education
Families in Chaldean Town are served by Detroit Public Schools Community District. The neighborhood's emphasis on community and family often extends into strong support for local educational institutions. For specific school ratings and program information, parents are encouraged to consult the district directly.
Transportation & Connectivity
The neighborhood is conveniently located near major thoroughfares like Woodward Avenue and 7 Mile Road, providing good vehicular access to downtown Detroit and surrounding suburbs. Public transportation options include DDOT bus routes serving the area. Its central location offers relatively straightforward connectivity for daily commutes.
Why Choose Chaldean Town
Residents choose Chaldean Town for its unparalleled cultural richness, deep community roots, and authentic local businesses. It offers a unique urban living experience centered on tradition and family within the city of Detroit. The neighborhood provides a strong sense of identity and belonging that is highly valued by its community members.
Chaldean Town Market Data
| Metric | Value |
|---|---|
| Median Home Price | $382K |
| Median Gross Rent | $765/mo |
| Median Household Income | $22K |
| Homeownership Rate | 11.4% |
| Renter-Occupied | 88.6% |
| Rental Vacancy Rate | 4.1% |
| Market Type | Balanced |
| Market Tier | Upper-Mid |
| Primary ZIP Code | 48201 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 264,220 |
| VA Loan Originations | 9,916 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $247K |
| Conventional Loan Originations | 227,996 |
| FHA Loan Originations | 26,308 |
Top Real Estate Agents in Chaldean Town, Detroit
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Chaldean Town, Detroit, MI. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Michigan Department of Licensing and Regulatory Affairs (LARA) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-16