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Petoskey-Otsego
Suburban Neighborhood in Detroit, Michigan
Wayne County 48204, 48206
B Neighborhood Grade
6.9 Neighborhood Score
$87,787
Average Value
$49
Average Price per Sq Ft
Where Grand River Meets Grit in Wayne County 48204, 48206
Petoskey-Otsego borders Grand River Avenue to the north, Livernois Avenue to the east, and West Grand Boulevard to the south.
Located in ZIP codes 48204 and 48206 and within City Council District 5, this working-class neighborhood has brick bungalows and Colonial Revival architecture along a tight street grid.
A modest living community, Petoskey-Otsego embodies the dignity of Detroit’s early 20th-century residential design with a contemporary revival spirit that is easily seen in local businesses, such as barber shops that have been around for generations, and block clubs that do a lot to maintain Petoskey’s curbside appeal and mitigate crime in the area.
Real Estate in Petoskey-Otsego: A Dynamic Market
The housing market in Petoskey-Otsego is attracting budget-conscious buyers and investors alike, with attractive prices ranging from $29,000 – $80,000 for fixer-uppers (depending on size and condition) and a median sale price of $80,000 as of April 2025 (up 21.2% year on year).
As far as the types of homes you can expect to find in the area, single-family homes with large front porches, duplexes with classic brickwork, and fixer-uppers awaiting transformation are the bulk of Petoskey-Otsego’s real estate offerings.
Deep Roots: Culture and Community Identity
Petoskey-Otsego in the 48204 and 48206 ZIP codes offers a perfect blend of soul and shelter, with established local institutions that go a long way to inject culture into the community.
For instance:
Whitlow’s Barber Lounge is a west side fixture with more than 60 years of neighborhood loyalty in Petoskey-Otsego, while the African Bead Museum is a nationally significant cultural site showcasing African beadwork, sculpture, and storytelling.
Together, these eclectic offerings give the neighborhood a strong sense of pride and meaning, making life in District 5’s Petoskey-Otsego more than just a home base, but a vibrant living experience.
Education Access
The Detroit Public Schools Community District serves Petoskey-Otsego. Families here attend nearby K-12 public schools, though quality and ratings vary. Some popular options include:
- Neinas Dual Language Learning Academy
- Earhart Elementary/Middle School
- And University Preparatory Academy for particularly ambitious students that apply and are accepted.
Wayne State University and University of Detroit Mercy are also within easy reach for higher education.
Petoskey-Otsego: A Better-Connected West Side Neighborhood
Access to greater Detroit is easily accessible to Petoskey-Otsego residents by bus (DDOT), car, or foot, keeping residents tapped into the heart of the city.
It’s a neighborhood where nearly 21% of residents use public transit over a car, putting it at almost double the national average.
As far as main drives, Grand River Ave, Livernois, and West Grand Boulevard are among the most traveled roads in the 48204 and 48206 zip codes, getting locals downtown or to nearby districts with ease.
Working-class Legacy Meets Upward Momentum
Petoskey-Otsego offers real Detroit living with deep community roots and endless future potential. Rising home values, diverse community staples, and a lingering sense of pride all point to a neighborhood in the process of a major transition.
For buyers looking to join Detroit’s West Side, Petoskey-Otsego is the kind of neighborhood where every block has a past – and a future worth investing in.
Agents Specializing in this Area
Schools
No Schools found.
Transit
Airport
Windsor International
Bus
Grand River & Pacific
Bus
Grand River & Vancouver
Bus
Grand River & Fernwood
Bus
W Grand Bl & Grand River
Bus
Dexter & Columbus
Bus
Joy & Beverly
Bus
Dexter & Pingree
Crime and Safety
| 1 – Low Crime, 10 – High Crime | Petoskey-Otsego | US |
|---|---|---|
| Homicide | 10 | 4 |
| Sexual Assault | 5 | 4 |
| Assault with Weapon | 8 | 4 |
| Robbery | 7 | 4 |
| Burglary | 5 | 4 |
| Motor Vehicle Theft | 5 | 4 |
| Larceny | 3 | 4 |
| Crime Score | 6 | 4 |
Source: WhatIsMyCrimeRisk.com
Petoskey-Otsego Demographics and Home Trends
On average, homes in Petoskey-Otsego, Detroit sell after 37 days on the market compared to the national average of 48 days. The median sale price for homes in Petoskey-Otsego, Detroit over the last 12 months is $65,750, up 105% from the average home sale price over the previous 12 months.
Housing Trends
| Median List Price | Median Sale Price | Median Single Family Sale Price | Median Change From 1st List Price |
| $95,000 | $65,750 | $95,000 | 2% |
| Last 12 months Home Sales | Median Home Sale Price YoY Change | Average Price Per Sq Ft | |
| 14 | 105% | $49 |
Home Facts
| Number of Homes in Neighborhood | Number of Homes for Sale |
| 948 | 7 |
| Median Year Built | Months of Supply |
| 1917 | 6.00 |
| Avg. Single Family Home Size Sq Ft Below the national average | Median Lot Size Sq Ft |
| 1,684 1,937 | 4,138 |
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 |
| 3,283 | 36 | 11 ppl/acre | 27.8% 23.8% |
| Population over 65 On par with the national average | |||
| 16% 19.1% |
Finances
| Median Household Income Significantly below the national average | Average Household Income |
| $21,107 $71,702 | $37,939 |
Education and Workforce
| High School Graduates | College Graduates Below the national average | Advanced Degrees Above the national average | % Population in Labor Force Below the national average |
| 86.7% | 13% 34.1% | 9.6% | 43.8% 65.1% |
Weather
| Annual Precipitation | Average Winter Low Temperature | Average Summer High Temperature | Annual Snowfall |
| 30” | 20°F | 83°F | 38” |
