Forest Park, Detroit, MI
Forest Park — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Forest Park, Detroit, Michigan. Explore the cited sources and local facts below while agent underwriting continues.
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Forest Park Neighborhood Overview
Forest Park is a residential neighborhood located on Detroit's west side, centered around the expansive Forest Park community. The area is characterized by its quiet, tree-lined streets and a strong sense of community among its residents. It offers a suburban feel within the city limits, providing a peaceful retreat from busier urban centers.
Lifestyle & Amenities
The neighborhood is anchored by its namesake, Forest Park, which provides green space for recreation and community gatherings. Residents enjoy convenient access to local shopping and dining options along nearby thoroughfares like Livernois Avenue. The area maintains a quiet, family-friendly atmosphere ideal for daily living.
Real Estate Market
The real estate in Forest Park primarily consists of single-family homes, many featuring classic architectural styles from the mid-20th century. According to U.S. Census data, the median home value in the area is $381,500. This indicates a stable housing market with significant homeowner investment in the community.
Schools & Education
Families in Forest Park are served by Detroit Public Schools Community District. The neighborhood's commitment to community often extends to supporting local educational institutions. Parents are encouraged to research current school ratings and programs directly through the district to find the best fit for their children.
Transportation & Connectivity
Forest Park is well-connected by major roads, including the Lodge Freeway (M-10) and Davison Freeway (M-8), facilitating easy commutes to downtown Detroit and other suburbs. Public transportation options are available through the Detroit Department of Transportation bus system. The neighborhood's layout primarily caters to residents who drive.
Why Choose Forest Park
Forest Park appeals to those seeking a quiet, established neighborhood with a strong sense of place and accessible green space. The significant median home value reflects a community of homeowners invested in their properties. It represents a classic Detroit neighborhood offering stability and a close-knit residential environment.
Forest 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 Forest Park, Detroit
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Forest Park, Detroit, MI. Explore the available cited neighborhood data on this page.
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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