The University District housing market is somewhat competitive. The median sale price of a home in University District was $350K last month, down 5.4% since last year. The median sale price per square foot in University District is $147, up 1.4% since last year.
What is the housing market like in University District today?
In April 2024, University District home prices were down 5.4% compared to last year, selling for a median price of $350K. On average, homes in University District sell after 71 days on the market compared to 43 days last year. There were 9 homes sold in April this year, up from 9 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$350,000
-5.4% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
University District, MI
$350,000
-5.4%
United States
To compare other locations to the University District and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Detroit add value to a home.
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How hot is the University District housing market?
University District is somewhat competitive. Homes sell in 28 days.
0
100
59
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 28 days.
Hot homes
can sell for around list price and go pending in around 10 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
97.6%
+1.3 pt YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
University District, MI
97.6%
+1.3 pt
United States
Home offer insights for University District
Explore recent offers and recently sold homes in University District
Recent offers
View houses in University District that sold recently
Learn about schools in the University District area
Elementary
Middle
High
GreatSchools Rating
2/10
Palmer Park Preparatory Academy
Public • PreK-8
463
Students
5 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on University District housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in University District.
Risk Factor
Flood Factor - Minor
22% of properties are at risk of severe flooding over the next 30 years
Flood Factor
University District has a minor risk of flooding. 96 properties in University District are likely to be
severely affected
by flooding over the next 30 years. This represents 22% of all properties in University District. Flood risk is increasing slower than the national average.
1% of properties are at risk of wildfire over the next 30 years
Fire Factor
University District has a moderate risk of wildfire. There are 25 properties in University District that have some risk of being affected by wildfire over the next 30 years. This represents 1% of all properties in University District.
University District has minimal risk of severe winds over the next 30 years
Wind Factor
University District has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
86% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
University District has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 86% of homes in University District have a Moderate Heat Factor®.
University District is expected to see a 114% increase in the number of days over 97ºF over the next 30 years. University District is expected to experience 7