Oak Grove District 2, Detroit, MI
Oak Grove District 2 — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Oak Grove District 2, Detroit, Michigan. Explore the cited sources and local facts below while agent underwriting continues.
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Oak Grove District 2 Neighborhood Overview
Oak Grove District 2 is a residential neighborhood located in Detroit, Michigan, within the 48201 ZIP code. Positioned at approximately 42.3474 latitude and -83.0604 longitude, it offers a distinct urban living experience. The area presents a notable contrast between its housing values and the reported income levels of its residents.
Lifestyle & Amenities
The neighborhood provides access to the essential amenities and services typical of a Detroit community. Residents enjoy proximity to local parks, retail corridors, and dining options that serve the immediate area. The lifestyle here is shaped by its urban setting and the daily needs of its community.
Real Estate Market
The real estate market in Oak Grove District 2 shows significant variation across different metrics. According to the U.S. Census, the median home value is $381,500, while Redfin data indicates a current price per square foot of approximately $98.15. A reported current market asking rent of $122,000 per month is an extraordinary outlier not typical for residential housing.
Schools & Education
Families in Oak Grove District 2 are served by the Detroit Public Schools Community District. The quality and specific offerings of local schools can vary, so parents are encouraged to research current ratings and programs. Educational opportunities are an important consideration for households in the area.
Transportation & Connectivity
The neighborhood benefits from Detroit's extensive road network, providing good connectivity for drivers. Public transportation options are available through the Detroit Department of Transportation (DDOT) bus system. Its location facilitates reasonable access to downtown Detroit and other major employment centers in the region.
Why Choose Oak Grove District 2
Prospective residents may be drawn to the neighborhood for its established residential character within the city. The market presents a complex picture with a relatively high median home value alongside a lower median household income of $22,243. It represents a specific segment of Detroit's diverse and evolving urban landscape.
Oak Grove District 2 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 Oak Grove District 2, Detroit
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Oak Grove District 2, 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