Fenkell St / Schaefer Hwy median real estate price is $51,630, which is less expensive than 93.8% of Michigan neighborhoods and 98.5% of all U.S. neighborhoods.
The average rental price in Fenkell St / Schaefer Hwy is currently $1,076, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 72.8% of the neighborhoods in Michigan.
Fenkell St / Schaefer Hwy is an urban neighborhood (based on population density) located in Detroit, Michigan.
Fenkell St / Schaefer Hwy real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Fenkell St / Schaefer Hwy neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Vacant apartments or homes are a major fact of life in Fenkell St / Schaefer Hwy. The current real estate vacancy rate here is 39.5%. This is higher than the rate of vacancies in 97.1% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.