Grandmont, Detroit, MI
Grandmont — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Grandmont, Detroit, Michigan. Explore the cited sources and local facts below while agent underwriting continues.
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Grandmont Neighborhood Overview
Grandmont is a residential neighborhood located on the northwest side of Detroit, Michigan. It is known for its quiet, tree-lined streets and a strong sense of community among residents. The area offers a suburban feel within the city limits, providing a peaceful retreat from busier urban centers.
Lifestyle & Amenities
Residents enjoy access to local parks and community gardens, fostering outdoor activities and neighborhood gatherings. The area is primarily residential, with shopping and dining options available in nearby commercial districts along major thoroughfares. This setup supports a relaxed lifestyle centered around family and home.
Real Estate Market
The median home value in Grandmont is $381,500 according to U.S. Census Bureau ACS 5-Year Estimates (2022). Current market data shows a price per square foot of $88.1/sqft according to Redfin market data, indicating a market for single-family homes. The asking rent data point appears to be an outlier and may not reflect typical local rental rates.
Schools & Education
Grandmont is served by the Detroit Public Schools Community District. Families in the area have access to various public school options, and the neighborhood's stability often appeals to those with school-aged children. Specific school performance data should be researched through the district for the most current information.
Transportation & Connectivity
The neighborhood is conveniently accessed via major roads like the Southfield Freeway (M-39) and Grand River Avenue, providing straightforward commutes to downtown Detroit and surrounding suburbs. Public transportation options are available through the Detroit Department of Transportation bus lines. Its location offers a balance of accessibility and residential tranquility.
Why Choose Grandmont
Grandmont appeals to homebuyers seeking a stable, established neighborhood with a strong community identity within Detroit. The median household income is $22,243 according to U.S. Census Bureau ACS 5-Year Estimates (2022), which is an important factor for residents. It represents an opportunity to own a home in a well-kept area known for its civic engagement and pride of ownership.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Grandmont 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 Grandmont, Detroit
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Grandmont, 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