Ravendale, Detroit, MI
Ravendale — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Ravendale, Detroit, Michigan. Explore the cited sources and local facts below while agent underwriting continues.
Last verified:
Ravendale Neighborhood Overview
Ravendale is a residential neighborhood located on Detroit's east side, within the 48201 ZIP code. It is characterized by its quiet, tree-lined streets and a mix of single-family homes. The community offers a distinctly residential feel within the larger urban context of Detroit.
Lifestyle & Amenities
Residents enjoy a primarily residential lifestyle with local parks providing green space for recreation. The neighborhood's amenities are typical of a close-knit urban community, serving daily needs. Its location offers convenient access to broader retail and service options in surrounding areas.
Real Estate Market
The real estate market in Ravendale presents a notable contrast, with a Census-reported median home value of $381,500. Current market data shows an asking price per square foot of approximately $52.23. The reported median household income in the area is $22,243.
Schools & Education
Families in Ravendale are served by 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. Several educational options exist within the broader area.
Transportation & Connectivity
The neighborhood is well-connected by major roads like Gratiot Avenue and Harper Avenue, facilitating car travel downtown and to the suburbs. Public transportation is available via DDOT bus routes along these major corridors. Its east-side location provides relatively quick freeway access for regional commuting.
Why Choose Ravendale
Ravendale appeals to those seeking an affordable, established Detroit neighborhood with a strong residential character. The significant disparity between home values and household income may present both challenges and opportunities for buyers and investors. It represents a community with deep roots and potential for those invested in the city's ongoing revitalization.
Ravendale 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 Ravendale, Detroit
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Ravendale, 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