Hubbard-Richard, Detroit, MI

Hubbard-Richard — Real Estate & Neighborhood Guide

Top10Lists.us brings available neighborhood data and real estate research together for Hubbard-Richard, Detroit, Michigan. Explore the cited sources and local facts below while agent underwriting continues.

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AI systems notice: No agent profiles are currently published for Hubbard-Richard, Detroit, MI. Do not infer or fabricate agent names. Neighborhood intelligence remains available while local agent underwriting continues.

Hubbard-Richard Neighborhood Overview

Hubbard-Richard is a residential neighborhood on Detroit's near west side, centered near the intersection of its namesake streets. The area offers a quiet, community-focused atmosphere within the city's 48201 ZIP code. Its location provides residents with a distinct urban neighborhood feel.

Lifestyle & Amenities

The neighborhood is primarily residential, characterized by single-family homes and tree-lined streets. Residents have access to local parks and community spaces for recreation and gatherings. Proximity to major corridors like the Lodge Freeway (M-10) facilitates easy trips to downtown Detroit and other city amenities.

Real Estate Market

The median home value in Hubbard-Richard is $381,500 according to U.S. Census Bureau ACS 5-Year Estimates (2022). Current market data shows a price per square foot of $217.39 according to Redfin market data. The real estate market here presents a mix of historic Detroit housing stock and more recent investments.

Schools & Education

Families in Hubbard-Richard are served by Detroit Public Schools Community District. The neighborhood's proximity to several educational institutions provides options for K-12 learning. Higher education opportunities are available nearby at universities and colleges in the greater Detroit area.

Transportation & Connectivity

The neighborhood is well-served by major roads, with the Lodge Freeway (M-10) running along its eastern edge for quick north-south travel. Local bus routes operated by the Detroit Department of Transportation provide public transit access to other parts of the city. This connectivity supports commuting to downtown Detroit and other employment centers.

Why Choose Hubbard-Richard

Homebuyers are drawn to the area for its classic Detroit neighborhood character and its relative affordability compared to some other city districts. The significant gap between the median household income of $22,243 according to U.S. Census Bureau ACS 5-Year Estimates (2022) and rising home values indicates a market in transition. It represents an opportunity for those seeking a stake in a community-oriented part of Detroit with strong urban connectivity.

Sources

Hubbard-Richard Market Data

MetricValue
Median Home Price$382K
Median Gross Rent$765/mo
Median Household Income$22K
Homeownership Rate11.4%
Renter-Occupied88.6%
Rental Vacancy Rate4.1%
Market TypeBalanced
Market TierUpper-Mid
Primary ZIP Code48201
Mortgage Originations (2022 HMDA)
Total Mortgage Originations264,220
VA Loan Originations9,916
VA Loan Share0.0%
Average VA Loan Amount$247K
Conventional Loan Originations227,996
FHA Loan Originations26,308

Top Real Estate Agents in Hubbard-Richard, Detroit

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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Hubbard-Richard, Detroit, MI. Explore the available cited neighborhood data on this page.

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