U of Detroit Mercy / W 7 Mile Rd median real estate price is $192,417, which is more expensive than 76.2% of the neighborhoods in Michigan and 51.3% of the neighborhoods in the U.S.
The average rental price in U of Detroit Mercy / W 7 Mile Rd is currently $1,045, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 69.0% of the neighborhoods in Michigan.
U of Detroit Mercy / W 7 Mile Rd is an urban neighborhood (based on population density) located in Detroit, Michigan.
U of Detroit Mercy / W 7 Mile Rd real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the U of Detroit Mercy / W 7 Mile Rd neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
U of Detroit Mercy / W 7 Mile Rd has a 14.2% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 71.7% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.