Elmwood Park, Detroit, MI
Elmwood Park — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Elmwood Park, Detroit, Michigan. Explore the cited sources and local facts below while agent underwriting continues.
Last verified:
Elmwood Park Neighborhood Overview
Elmwood Park is a residential neighborhood located on Detroit's east side, within the 48201 ZIP code. It offers a quiet, community-focused atmosphere with convenient access to major city amenities. The area is characterized by its classic brick homes and tree-lined streets.
Lifestyle & Amenities
Residents enjoy proximity to the expansive Elmwood Park itself, which provides green space for recreation. The neighborhood is also close to the bustling Jefferson-Chalmers commercial district along the Detroit River. This area features local shops, restaurants, and marinas, adding to the community's charm.
Real Estate Market
The real estate market in Elmwood Park features a notable contrast between home values and area incomes. The median home value is reported at $381,500, with a current price per square foot around $201.53. Available market data indicates a median household income of $22,243 for the area.
Schools & Education
Elmwood Park is served by the Detroit Public Schools Community District. Families have access to various public school options within the city's network. Prospective residents are encouraged to research current school ratings and programs directly through the district.
Transportation & Connectivity
The neighborhood is well-connected by major roads like Jefferson Avenue and I-94, facilitating easy commutes downtown or to the suburbs. Public transportation options include DDOT bus routes serving the east side. Its location provides straightforward access to Detroit's greater metropolitan area.
Why Choose Elmwood Park
Elmwood Park appeals to those seeking a traditional Detroit neighborhood with solid brick homes and a strong sense of community. Its location offers a balance of residential calm and accessibility to parks, the riverfront, and city life. The area represents a unique part of the city's architectural and social fabric.
Elmwood Park 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 Elmwood Park, Detroit
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Elmwood Park, 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 2026-10-15