The median arm's-length sale in Old Redford was $72,500 across 10 recorded sales, 3% below the citywide neighborhood median of $75,000 — the 83rd highest of 154 Detroit neighborhoods with enough sales to measure.
$72,500
10 arm's-length sales · typical range $62,475–$101,625
Recorded sales, 2024-07 to 2025-07
-46.1%
vs $134,500 median across 6 sales the prior year
Like-aged windows — both 12 months, both fully recorded
40%
4 of 10 arm's-length buyers were an LLC, trust or corporation rather than a household
Grantee name on the recorded deed
| Transfer type | Count, 2024-07 to 2025-07 |
|---|---|
| Land Bank / government transfers | 2 |
| All recorded transfers | 30 |
| Of those, arm's-length sales | 10 |
Only about a third of Detroit transfers are arm's-length sales. The rest are Land Bank conveyances, family transfers and life estates — they are real transfers but they are not market prices, so they are excluded from the median above.
7
completed residential demolitions since 2015
City of Detroit, Completed Residential Demolitions
31
issued since 2023-07 — the clearest signal of which blocks are actually being invested in
City of Detroit, Building Permits
20%
9 of 44 registered rentals hold a current Certificate of Compliance. Detroit requires both to rent legally.
City of Detroit, BSEED
284
issued or updated since 2023-07
City of Detroit, Blight Tickets
Demolitions and permits together are the clearest read on a Detroit block: what came down, and what someone is putting money into. Counts are for the whole neighbourhood, not a single address.
| Neighborhood | Median sale | Sales |
|---|---|---|
| North Rosedale Park | $225,000 | 42 |
| Rosedale Park | $220,500 | 36 |
| Grandmont | $145,000 | 24 |
| Grandmont #1 | $142,000 | 29 |
| Berg-Lahser | $136,000 | 46 |
| McNichols Evergreen | $120,000 | 21 |
| Greenfield-Grand River | $118,750 | 48 |
| Minock Park | $106,000 | 15 |
Detroit is taxed at 64.1844 mills for a primary residence — see Detroit property taxes — and parts of the city sit in a Neighborhood Enterprise Zone that changes that. · Neighborhood profile
$72,500 across 10 arm's-length sales recorded in 2024-07 to 2025-07, with a typical range of $62,475 to $101,625. That is 3% below the citywide neighborhood median of $75,000.
40% of arm's-length buyers — 4 of 10 — recorded the deed to an LLC, trust or corporation rather than a household. That is the grantee name on the deed itself, so it counts cash and wholesale purchases a listing service never sees.
Because these come from deeds recorded with the Detroit Assessor rather than the MLS. They include cash, wholesale, FSBO and quitclaim transfers that never reach a listing service — a large share of the Detroit market, which is why an MLS-only median reads high.
Detroit is taxed at 64.1844 mills for a primary residence, the same rate citywide. Parts of the city sit in a Neighborhood Enterprise Zone that reduces it substantially, and your bill is set on the uncapped taxable value the year after you buy — not the seller's capped figure.
When a Michigan home changes hands, its taxable value uncaps the following year and resets to roughly half the sale price. Buyers routinely get blindsided by a bill that's thousands higher than the listing showed. Here's your actual number.
Enter the purchase price and the property's current taxable value (it's on the listing, the assessor's site, or we'll pull it for you).