Greektown
Neighborhood in Detroit, Michigan
Wayne County 48226
A- Neighborhood Grade
8 Neighborhood Score
$210,500
Average Value
$275
Average Price per Sq Ft
Where Old World Flavor Meets Downtown Energy in Detroit’s 48226
Greektown in District 5 and ZIP code 48226 is one of Detroit’s most iconic urban districts, with cobblestone streets, neon-lit storefronts, and preserved architecture giving the area a feel that is both historic and electric.
Founded in the 1880s when waves of Greek immigrants moved in, Greektown has since grown into a thriving entertainment, dining, nightlife, and heritage district.
Whether you’re eating dinner, visiting a casino, or living in one of the lofts above the action, Greektown puts you right in the thick of authentic cultural action.
High-Rise Living in the Heart of 48226
Most housing in Greektown comes in the form of modern lofts and high-rise condos with downtown views and plenty of walking distance to Detroit’s business and entertainment areas.
As for pricing, expect one-bedroom condos to go for around $350,000, and larger luxury units for as high as $525,000 to $899,000.
Common reasons buyers choose Greektown include convenience, skyline views, and ample access to entertainment and office towers.
It’s an area where inventory is tight yet highly sought after, with Greektown also having one of the highest average costs per square foot in the 48226 ZIP code for that very reason (along with its prime location).
Green Space Within a Stone’s Throw
Despite its urban density, Greektown is just steps from some of Detroit’s most popular public spaces, such as:
- The Detroit Commons, the Detroit Zoo, and The Detroit Art Institute
- Campus Martius Park for seasonal events and a winter ice rink
- The Detroit Riverwalk for jogging, biking, or just catching the breeze
- William G. Milliken State Park, Michigan’s first urban State Park with a marina, wetlands, and picnic areas
These eclectic outdoor spaces give 48226 residents time to unplug without ever having to leave city limits.
Taste the Heritage: Greek Cuisine and More
Greektown’s strong cultural heritage is most evident in its local food scene. Two popular spots in the area include:
Pegasus Taverna, a charming restaurant loved for its refined setting and classic Mediterranean menu, and Golden Fleece, a small, casual restaurant serving gyro sandwiches.
There are also endless pubs, bakeries, cafes, and fast-casual spots just a short walk or car ride away from Greektown’s residential district, as well as a bustling Greek-American nightlife scene.
Shopping, Services, and Everyday Convenience
Greektown has tight-knit retail stores, boutique-style stores, convenience markets, and close proximity to larger downtown amenities:
The Greektown Casino Hotel has shops and in-house services, Whole Foods and other grocery stores are available near Lafayette Park and Rivertown, and the Campus Martius and Woodward corridors offer everything from major national retailers to specialty brands.
This blend helps make the 48226-area appealing to residents who want walkability with plenty of urban access.
Transit, Walkability, and Downtown Access
Living in Greektown means never being far from a ride:
People’s Mover Station is an automated, elevated light rail system in the neighborhood with connections all around downtown.
Q-Line Streetcar runs along Woodward between Midtown and the Cultural Center.
And I-375 & I-75 are the major interstates bordering the area, allowing for quick regional commutes and trips downtown.
In short, few places in District 5 are better connected than Greektown, and with the neighborhood’s walking area designed with short blocks and plenty of lighting to encourage pedestrians, it’s also a community where car ownership is truly optional.
Culture, Festivals, and Historic Roots
Greektown is more than a district – it’s an identity.
Although it changes over time, it honors its immigrant roots with events, food, and architecture.
Here, annual celebrations, Greek heritage festivals, and public art pieces help keep the neighborhood’s roots alive.
Despite its modernization, many 19th-century buildings in the 48226 ZIP code have been carefully preserved or adaptively reused.
A Downtown Jewel in District 5
Greektown stands out in the heart of Detroit’s downtown area.
It’s walkable, flavorful, historic, and alive – with a a neighborhood that’s just as alive at midnight as it is at lunch anddeep cultural rhythm that few neighborhoods can match drawing in investors, first-time buyers, and visitors alike.
Whether you’re grabbing a coffee, going to a Tigers game, or opening your front door to Monroe Street, Greektown has tradition and energy everywhere you turn.
Agents Specializing in this Area
Schools
No Schools found.
Transit
Airport
Windsor International
Bus
7 Mile & Northlawn
Bus
Curtis & San Juan
Bus
7 Mile & Pennington
Bus
Curtis & Cherrylawn
Bus
Mcnichols & Ohio
Bus
Mcnichols & San Juan
Bus
7 Mile & Greenlawn
Crime and Safety
| 1 – Low Crime, 10 – High Crime | Greektown | US |
|---|---|---|
| Homicide | 2 | 4 |
| Sexual Assault | 5 | 4 |
| Assault with Weapon | 7 | 4 |
| Robbery | 8 | 4 |
| Burglary | 4 | 4 |
| Motor Vehicle Theft | 6 | 4 |
| Larceny | 7 | 4 |
| Crime Score | 6 | 4 |
Source: WhatIsMyCrimeRisk.com
Greektown Demographics and Home Trends
On average, homes in Greektown, Detroit list for $235,000 with an average price per square foot of $149. Greektown primarily features condos and high-rise units, with limited single-family home data.
Home Trends
| Median Price (12 Mo) | Average Price Per Sq Ft | Number of Homes for Sale | Last 12 months Home Sales |
| $235,000 | $149 | 12 | 25 |
| Months of Supply | Median List Price | Median Discount From 1st List Price | Median Home Sale Price YoY Change |
| 2.5 | $235,000 | 1% | 12% |
Home Facts
| Number of Homes in Neighborhood | Median Year Built |
| 850 | 1985 |
| Avg. Single Family Home Size Sq Ft Below the national average | |
| 1,100 1,937 |
Distribution of Home Values
Homes for Sale
See All Homes
Average Home Value
Property Mix – Square Feet
This Neighborhood Has More Renters
Demographics
| Total Population | Median Age | Population Density | Population under 18 On par with the national average |
| 1,500 | 38 | 14 ppl/acre | 25.6% 23.8% |
| Population over 65 On par with the national average | |||
| 18.5% 19.1% |
Finances
| Median Household Income Significantly below the national average | Average Household Income |
| $70,922 $71,702 | $85,648 |
Education and Workforce
| High School Graduates | College GraduateBelow the national average | Advanced Degrees | % Population in Labor Force Below the national average |
| 91.2% | 27.5% 34.1% | 11.1% | 55.7% 65.1% |
Weather
| Annual Precipitation | Average Winter Low Temperature | Average Summer High Temperature | Annual Snowfall |
| 30” | 20°F | 83°F | 38” |
Area Factors
41
/ 100
50
/ 100
23
/ 100
Source: Walk Score
