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Mount Olivet

Suburban Neighborhood in Detroit, Michigan
Wayne County 48234

B Neighborhood Grade

6.6 Neighborhood Score

$100,547

Average Value

$59

Average Price per Sq Ft

Suburban Atmosphere with Big City Benefits in Detroitโ€™s 48234 ZIP Code

Mount Olivet is a District 3 neighborhood that offers a suburban atmosphere with all the benefits of Detroitโ€™s urban living.
Named after the nearby historical Mount Olivet Cemetery, Mount Olivet was initially developed during Detroit’s 1940s-1960s housing boom as a community to house working- to middle-class families, especially auto industry employees and their children.
In the years since, the Mount Olivet area has blossomed into the kind of place its multi-generational residents are proud to call home, backed by a strong community spirit with ongoing efforts to maintain its positive reputation.
A few such efforts include:
Neighborhood watch patrols
Active block clubs
Neighborhood clean-ups
Regular community beautification events
As well as an ongoing collaboration with District 3 police to strengthen Mount Olivetโ€™s safety initiatives.

Agents Specializing in this Area

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Schools

No Schools found.

Transit

Airport

Windsor International

Bus

E Outer Dr & Greiner

Bus

E Outer Dr & Eastwood

Bus

Van Dyke & Mcnichols

Bus

Van Dyke & Stockton

Bus

Van Dyke & Hollywood

Bus

E Outer Dr & Park Grove

Bus

Van Dyke & Hildale

Crime and Safety

1 – Low Crime, 10 – High CrimeMount OlivetUS
Homicide104
Sexual Assault74
Assault with Weapon104
Robbery94
Burglary94
Motor Vehicle Theft84
Larceny54
Crime Score94

Source: WhatIsMyCrimeRisk.com

Mount Olivet Demographics and Home Trends

On average, homes in Mount Olivet, Detroit sell after 64 days on the market compared to the national average of 48 days. The average sale price for homes in Mount Olivet, Detroit over the last 12 months is $66,153, up 4% 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
$62,000$64,450$595
Last 12 months Home SalesMonths of SupplyMedian List PriceMedian Discount From 1st List Price
292.10$76,00013%
Median Home Sale Price YoY Change
4%

Home Facts

Number of Homes in NeighborhoodMedian Year Built
9421947
Avg. Single Family Home Size Sq Ft
Below the national average
Median Lot Size Sq Ft
1,356
1,937
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
2,179385 ppl/acre26.4%
23.8%
Population over 65
On par with the national average
17.4%
19.1%

Finances

Median Household Income
Significantly below the national average
Average Household Income
$28,097
$71,702
$38,726

Education and Workforce

High School Graduates


College Graduates
Below the national average
Advanced Degrees% Population in Labor Force
Below the national average
80.9%8.7%
34.1%
2.7%52.3%
65.1%

Weather

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

Area Factors

Somewhat Bikeable

Bike Score

38

/ 100

GoodTransit

Transit Score

51

/ 100

Car-Dependent

Walk Score

11

/ 100

Source: Walk Score

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

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Hassan Scheib

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