Detroit House Hunting: Well-placed colonial in the Bagley neighborhood

This colonial-style home with a striking facade is two blocks from a historic gem — the Marygrove educational campus.

Driving the news: We're highlighting this renovated, $233,000, four-bedroom house for sale for our ongoing real estate spotlight.

17392 Ohio St.

Details: The house's placement in the Bagley neighborhood puts it smack-dab between the Livernois Avenue of Fashion and Whatcha Wanna Eat?, the city's first Black-owned food hall.

• The 2,631-square-foot house built in 1935 has one and a half bathrooms and a two-car garage. The updated kitchen is wide and open, offering a view into the dining and living rooms.

Zoom out: There are signs that Metro Detroit homebuyers may be getting used to higher interest rates, according to RE/MAX of Southeastern Michigan's latest housing report.

• In October, the region's number of home sales dropped 9% year over year — the smallest decrease in 16 months.
• Prices are still up nearly 2% year over year.