S Schaefer Hwy / S Fort St median real estate price is $72,981, which is less expensive than 84.1% of Michigan neighborhoods and 93.3% of all U.S. neighborhoods.
The average rental price in S Schaefer Hwy / S Fort St is currently $661, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 93.9% of Michigan neighborhoods.
S Schaefer Hwy / S Fort St is an urban neighborhood (based on population density) located in Detroit, Michigan.
S Schaefer Hwy / S Fort St real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the S Schaefer Hwy / S Fort St 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 S Schaefer Hwy / S Fort St. The current real estate vacancy rate here is 23.4%. This is higher than the rate of vacancies in 89.5% 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.