Old Redford, Detroit, MI
Old Redford — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Old Redford, Detroit, Michigan. Explore the cited sources and local facts below while agent underwriting continues.
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Old Redford Neighborhood Overview
Old Redford is a historic neighborhood on the northwest side of Detroit, Michigan, centered around the intersection of Grand River Avenue and Lahser Road. It is a community with deep roots, known for its classic early 20th-century housing stock and a strong sense of local pride. The area offers a quiet, residential atmosphere while maintaining proximity to major city corridors.
Lifestyle & Amenities
The neighborhood's main commercial and cultural hub is along the Grand River Avenue corridor, which features local businesses and services. Residents enjoy access to several parks, including Eliza Howell Park, which provides extensive green space and recreational facilities. The historic Redford Theatre, a beautifully restored 1928 movie palace, serves as a major community anchor for entertainment and events.
Real Estate Market
The real estate in Old Redford is primarily composed of single-family homes, many showcasing historic architectural styles from the early 1900s. According to recent data, the median home value in the area is $381,500, with a current price per square foot around $36.38. The market presents a mix of renovation opportunities and well-maintained properties, attracting a range of buyers.
Schools & Education
Old Redford is served by the Detroit Public Schools Community District, providing several educational options for families in the area. The neighborhood is also in close proximity to a number of charter and private school alternatives. For higher education, institutions like the University of Detroit Mercy are a short drive away.
Transportation & Connectivity
The neighborhood is conveniently located near major thoroughfares like the Davison Freeway (M-8) and Grand River Avenue, offering straightforward access to downtown Detroit and surrounding suburbs. Public transportation is available via DDOT bus lines along key routes. Its northwest location provides relatively quick connections to I-96 and other regional highways.
Why Choose Old Redford
Old Redford appeals to those seeking a historic Detroit neighborhood with a strong community identity and more affordable entry points into homeownership compared to some other city districts. The combination of classic housing, local amenities like the historic theatre, and convenient location makes it a compelling choice. It represents an opportunity to be part of a neighborhood with character and a clear sense of place.
Old Redford 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 Old Redford, Detroit
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Old Redford, 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