Detroit is located in Red River, Texas, with an estimated municipal population of 683 residents. All of the best foreclosed homes for sale in Detroit are located in the following zip code areas on Foreclosure.com: 75436. The estimated population per square kilometer (.62 miles) in Detroit is 166.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Detroit, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Detroit is 32.1, split between 43.3 percent male versus 56.7 female. The percentage of residents who report being married in Detroit is 44.3, with an average family size of 3.93.
The percentage of residents who report their race in Detroit is as follows:
| White | 70.7% |
| Black / African American | 24.8% |
| Asian | 0% |
| American Indian / Alaskan Native | 2.4% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 2.1% |
| Other | 0% |
Looking for family-friendly neighborhoods in and/or near Detroit? Or maybe you are searching for 55+ active adult communities in and/or near Detroit?
The percentage of residents who report their age in Detroit is as follows:
| Under 10 | 23.2% |
| Aged 10-19 | 18.2% |
| 20s | 6.8% |
| 30s | 7.6% |
| 40s | 14.3% |
| 50s | 7.6% |
| 60s | 9.9% |
| 70s | 7.9% |
| 80+ | 4.5% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Detroit with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Detroit.
How do you know that living in -- or moving to -- Detroit is right where you need to be? Perhaps you grew up in Detroit or already live nearby; therefore, the decision to buy a home in Detroit is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Detroit for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Detroit:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Detroit.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Detroit can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Detroit, meanwhile, can field multiple offers from more qualified buyers.
Millions of people receive foreclosure alerts daily, don't miss out.
Video for Foreclosure homes
