University, Detroit, MI
University — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for University, Detroit, Michigan. Explore the cited sources and local facts below while agent underwriting continues.
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University Neighborhood Overview
University is a historic neighborhood in Detroit, Michigan, centered around the University of Detroit Mercy. The area, anchored by the ZIP code 48201, is defined by its academic atmosphere and a mix of residential and institutional architecture. It offers a unique urban living experience close to one of the city's prominent educational institutions.
Lifestyle & Amenities
Residents enjoy proximity to the university campus, which provides cultural events, libraries, and athletic facilities. The neighborhood features local dining options and essential services catering to both students and long-term residents. Its location offers convenient access to larger commercial corridors and parks within the city.
Real Estate Market
The real estate market in University presents a contrast, with a Census-reported median home value of $381,500. Current market data indicates an asking price per square foot of approximately $339. The median household income in the area is reported as $22,243.
Schools & Education
The neighborhood is home to the University of Detroit Mercy, a major private Catholic university. Families in the area are served by Detroit Public Schools Community District. The pervasive academic environment contributes to the local culture and community resources.
Transportation & Connectivity
University is well-connected by major roads like Livernois Avenue and McNichols Road, providing easy access to downtown Detroit and surrounding suburbs. Public transportation options include DDOT bus lines serving the area. Its central location offers relatively straightforward commutes to many parts of the metropolitan region.
Why Choose University
University is ideal for those seeking an intellectually stimulating environment with deep historical roots. The neighborhood offers a unique blend of residential stability and vibrant campus life. It represents a distinctive part of Detroit's urban fabric with strong community ties.
University 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 University, Detroit
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for University, 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 2026-10-16