Housing in Highland Park, MI
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$189,000
Median List Price
$49,450
Price Per Sq Ft
$117
Days on Market
39
Active Inventory
44
Months of Supply
44.0
Buyer's market
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
100.0%
Off Market in 2 Weeks
33.3%
Sale-to-List Ratio
101.7%
Seller's market
Market Activity
Source: RedfinHomes Sold
1
New Listings
10
Pending Sales
6
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$117
Median List $/SF
$36
Highland Park vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Highland 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
$75,800
Median Rent
$691
Total Housing Units
5,693
Vacancy Rate
32.9%
Owner Occupied
45.4%
Renter Occupied
54.6%
Median Property Tax
$1,316
per year
Monthly Cost (w/ Mortgage)
$694
Housing Types
The current median sale price in Highland Park, MI is $189,000 according to Redfin data. Homes spend a median of 39 days on the market. 100.0% of homes sold above asking price. The market has 44.0 months of supply. The median price per square foot is $117. The median rent is $691 per month (Census ACS). About 45.4% of housing units are owner-occupied. The median year homes were built is 1948. There are 5,693 total housing units.