Gratiot Woods, Detroit, MI
Gratiot Woods — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Gratiot Woods, Detroit, Michigan. Explore the cited sources and local facts below while agent underwriting continues.
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Gratiot Woods Neighborhood Overview
Gratiot Woods is a residential neighborhood located on Detroit's east side, centered around the intersection of Gratiot Avenue and Outer Drive. The area is characterized by its quiet, tree-lined streets and a mix of historic and newer single-family homes. Its location provides residents with a suburban feel within the city limits.
Lifestyle & Amenities
The neighborhood offers convenient access to daily necessities and recreational spaces. Residents are close to several local parks and the bustling commercial corridor along Gratiot Avenue, which features a variety of shops and services. The community maintains a quiet atmosphere, making it suitable for families and individuals seeking a stable residential environment.
Real Estate Market
The median home value in Gratiot Woods is $381,500, according to U.S. Census Bureau ACS 5-Year Estimates (2022). Current market data shows a price per square foot of $19.95/sqft, according to Redfin market data, indicating a range of property sizes and values within the area.
Schools & Education
Gratiot Woods is served by the Detroit Public Schools Community District. Families in the neighborhood have access to various public school options, though specific ratings and performance data should be verified through the district. The area is also in proximity to several charter and private school alternatives.
Transportation & Connectivity
Major thoroughfares like Gratiot Avenue (M-3) and Interstate 94 provide strong vehicular connectivity to downtown Detroit and surrounding suburbs. Public transportation options include DDOT bus lines running along key routes. The neighborhood's street grid layout facilitates easy navigation for drivers and pedestrians alike.
Why Choose Gratiot Woods
Gratiot Woods appeals to homebuyers seeking affordable homeownership with median values below the city's broader average, according to U.S. Census Bureau ACS 5-Year Estimates (2022). The neighborhood offers a quiet, established community with good highway access, making it a practical choice for those who value convenience and residential stability on Detroit's east side.
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 Woods 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 Woods, Detroit
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Gratiot Woods, 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 2026-10-16