Hazel Park Real Estate Market

Hazel Park Market

The median sale price for homes in Hazel Park over the last 12 months is $70,981.


The median mortgage debt is $136,643.

Additional Statistics for Single Family Homes and Condos in Hazel Park, MI
$21,000
Median Listing Price
36
Median Days on Market
167
Active Listings
32.3%
Distressed Listings
(foreclosures and short sales)
Hazel Park, MI Price Trends - Sold vs. Listed
The median list price in May for single family homes in Hazel Park is $21,000. The list prices dropped by -15.66% from the previous month.

The price per square foot for listings in this area is $25.

The median sale price in December for single family homes is $58,189. The sale prices dropped by -27.39% from the previous month.

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Hazel Park, MI Market Inventory Trends

The number of active listings in Hazel Park increased by 2.5% from the previous month.

The median number of days active properties have been listed is 36. This is significantly shorter than the national average.

The number of sales in December dropped by 87.5% from the previous month.

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Hazel Park, MI Property Ownership

This chart shows home occupancy within an area.

A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.

High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.