Springwells, Detroit, MI
Springwells — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Springwells, Detroit, Michigan. Explore the cited sources and local facts below while agent underwriting continues.
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Springwells Neighborhood Overview
Springwells is a residential neighborhood located on the southwest side of Detroit, Michigan. It is characterized by its grid of streets lined with single-family homes, many of which showcase classic architectural styles from the early to mid-20th century. The community offers a quiet, established atmosphere within the larger city.
Lifestyle & Amenities
Residents enjoy a primarily residential lifestyle with access to local parks and community spaces. The neighborhood is served by several nearby commercial corridors that provide essential shopping and dining options. Daily needs are met through a mix of local businesses and larger retail centers a short drive away.
Real Estate Market
The real estate market in Springwells features a significant contrast between home values and household incomes. According to U.S. Census data, the median home value is $381,500, while the median household income is reported as $22,243. This dynamic presents a unique market situation with a mix of long-term homeowners and potential investment opportunities.
Schools & Education
Springwells is served by the Detroit Public Schools Community District. Families in the area have access to various public school options for different grade levels. For specific school assignments and performance data, prospective residents should consult the district's latest resources.
Transportation & Connectivity
The neighborhood benefits from good road connectivity via major arteries like I-75 and Fort Street, facilitating commutes to downtown Detroit and surrounding suburbs. Public transportation options are provided by the Detroit Department of Transportation (DDOT) bus network. Its location offers relatively straightforward access to regional employment centers.
Why Choose Springwells
Springwells appeals to those seeking an affordable, traditional Detroit neighborhood with solid housing stock. Its quiet streets and sense of community are significant draws for residents. The area represents a part of the city with deep roots and potential for continued stability and growth.
Springwells 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 Springwells, Detroit
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Springwells, 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