Housing in Hazel Park, MI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$132,000

Median List Price

$179,900

Price Per Sq Ft

$133

Days on Market

22

Active Inventory

54

Months of Supply

4.5

Balanced market

Zillow Home Value

$150,416

ZHVI — January 2026

Zillow Rent Index

$1,438

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price ↓ 14.6%List Price ↑ 9.1%Mar 24 → Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

25.0%

Off Market in 2 Weeks

31.3%

Sale-to-List Ratio

95.4%

Buyer's market

Sold Above Asking
25.0%
Under Contract in 2 Wks
31.3%
Listings with Price Drops
22.2%

Market Activity

Source: Redfin

Homes Sold

12

New Listings

25

Pending Sales

16

Homes Sold ↓ 57.1%New Listings ↓ 7.4%Pending ↓ 42.9%Mar 24 → Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$133

Median List $/SF

$148

Sale $/SF ↓ 13.1%List $/SF ↓ 3.3%Mar 24 → Jan 26

Hazel Park vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Hazel Park is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$141,200

Median Rent

$1,221

Total Housing Units

7,149

Vacancy Rate

4.9%

Owner Occupied

61.6%

Renter Occupied

38.4%

Median Property Tax

$2,262

per year

Monthly Cost (w/ Mortgage)

$913

Housing Types

Single Family
87.2%
Multi-Family
11.6%
Mobile Home
1.1%

The current median sale price in Hazel Park, MI is $132,000 according to Redfin data. Homes spend a median of 22 days on the market. 25.0% of homes sold above asking price. The market has 4.5 months of supply. The median price per square foot is $133. Zillow's observed rent index is $1,438/month. About 61.6% of housing units are owner-occupied. The median year homes were built is 1956. There are 7,149 total housing units.