Gratiot-Grand, Detroit, MI
Gratiot-Grand — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Gratiot-Grand, Detroit, Michigan. Explore the cited sources and local facts below while agent underwriting continues.
Last verified:
Gratiot-Grand Neighborhood Overview
Gratiot-Grand is a residential neighborhood on Detroit's east side, centered around the intersection of Gratiot Avenue and Grand Boulevard. The area offers a mix of historic housing stock and a convenient location within the city. Its coordinates place it at approximately 42.3474 latitude and -83.0604 longitude, within the 48201 ZIP code.
Lifestyle & Amenities
The neighborhood provides essential local services and retail along the major corridors of Gratiot Avenue and Grand Boulevard. Residents have access to several community parks and green spaces for recreation. The area's commercial offerings cater primarily to daily needs.
Real Estate Market
The median home value in Gratiot-Grand is $381,500, according to U.S. Census Bureau ACS 5-Year Estimates (2022). Current market data shows a price per square foot of $41.56/sqft, according to Redfin market data. The current asking rent is reported at $79,450 per month, according to Redfin market data, which may reflect a data anomaly for specialized commercial or multi-unit properties.
Schools & Education
Gratiot-Grand is served by the Detroit Public Schools Community District. The neighborhood is home to a variety of public school options for families. Prospective residents are encouraged to research current school ratings and programs directly through the district.
Transportation & Connectivity
Major thoroughfares like Gratiot Avenue and I-94 provide direct routes downtown and to the eastern suburbs. Public transportation is available via DDOT bus lines serving the area. The neighborhood's street grid layout facilitates easy navigation for drivers.
Why Choose Gratiot-Grand
Homebuyers may find value in the area's median home price relative to other city neighborhoods. The median household income is $22,243, according to U.S. Census Bureau ACS 5-Year Estimates (2022), indicating an affordable area for many. Its central east-side location offers straightforward access to major employment centers and city amenities.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Gratiot-Grand 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 Gratiot-Grand, Detroit
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Gratiot-Grand, 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