Redfin, an online real estate service, predicts the hottest neighborhoods around the country including Detroit.
The top three in Detroit are listed here along with the median sales price of a property:
- Downtown Detroit: $169,500
- Rosedale Park: $60,000
- Palmer Park: $210,500
Redfin real estate agent Terry Kaltsas writes:
Downtown Detroit real estate is on the rise and will probably get even hotter when the new arena is done. Little Caesars Arena will house two of Detroit’s sports teams, the Pistons and Red Wings, and will be smack-dab in the middle of a 50-block entertainment district that’s already bursting with new residents and new businesses, all of which will bring a ton of new jobs downtown for residents in the area.”
We first saw this in Curbed Detroit.
