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Farwell

Neighborhood in Detroit, Michigan
Wayne County 48234

F Neighborhood Grade

4.1 Neighborhood Score

$67,906

Average Value

$63

Average Price per Sq Ft

A Peaceful, Family Friendly Pocket in Detroitโ€™s District 3

Farwell is a tight-knit residential neighborhood in northeast Detroitโ€™s City Council District 3 and spanning ZIP code 48234 in Wayne County.
With affordable housing, a strong sense of community involvement on behalf of its residents, and a convenient location with plenty of access to parks and schools, the atmosphere in Farwell is a desirable option for both first-time homebuyers and those seeking a place to put down roots within Detroit city limits.
Bordered by Hoover Street to the west, Van Dyke Avenue to the east, 7 Mile Road to the north, and 8 Mile Road to the south as well as neighboring District 3 suburbs like Butler, Pershing, and Krainz Woods, Farwell offers residents a relaxed residential setting with plenty of access to local amenities.

Agents Specializing in this Area

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Schools

  • Mason Academy

    Middle โ€ข Public

    C-

    3

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Transit

Airport

Windsor International

Bus

E Outer Dr & Moenart

Bus

E Outer Dr & Hasse

Bus

E Outer Dr & Fenelon

Bus

E Outer Dr & Mound

Bus

Ryan & Emery

Bus

8 Mile & Caldwell

Bus

7 Mile & Hasse

Crime and Safety

1 – Low Crime, 10 – High CrimeFarwellUS
Homicide104
Sexual Assault74
Assault with Weapon94
Robbery74
Burglary74
Motor Vehicle Theft74
Larceny54
Crime Score74

Source: WhatIsMyCrimeRisk.com

Farwell Demographics and Home Trends

On average, homes in Farwell, Detroit sell after 42 days on the market compared to the national average of 48 days. The average sale price for homes in Farwell, Detroit over the last 12 months is $61,024, up 16% from the average home sale price over the previous 12 months.

Home Trends

Median Price (12 Mo)Median Single Family PriceAverage Price Per Sq FtNumber of Homes for Sale
$56,000$60,000$6331
Last 12 months Home SalesMonths of SupplyMedian List PriceMedian Discount From 1st List Price
626.00$65,0007%
Median Home Sale Price YoY Change
8%

Home Facts

Number of Homes in NeighborhoodMedian Year Built
3,1751948
Avg. Single Family Home Size Sq Ft
Below the national average
Average 1 Bedroom Size Sq Ft
1,378
1,937
800
Median Lot Size Sq Ft
5,227

Distribution of Home Values

Homes for Sale

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Average Home Value

Property Mix – Square Feet

This Neighborhood Has More Renters

Demographics

Total Population

Median Age

Population DensityPopulation under 18
On par with the national average
7,273369 ppl/acre28.5%
23.8%
Population over 65
On par with the national average
16.3%
19.1%

Finances

Median Household Income
Significantly below the national average
Average Household Income
$45,551
$71,702
$52,000

Education and Workforce

High School Graduates


College Graduates
Below the national average
Advanced Degrees
% Population in Labor Force
Below the national average
87.6%12.2%
34.1%
6.6%49.4%
5.1%

Weather

Annual Precipitation
Average Winter Low TemperatureAverage Summer High TemperatureAnnual Snowfall
30”20ยฐF83ยฐF38”

Area Factors

Somewhat Bikeable

Bike Score

44

/ 100

SomeTransit

Transit Score

46

/ 100

Car-Dependent

Walk Score

31

/ 100

Source: Walk Score

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Hassan, I'd like to learn more about homes in Farwell.

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Hassan Scheib

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