Allen Park, MI Home Values & Market Trends
Real estate market trends reflect that there have been 650 transactions over the past year in Allen Park. The median value for residential home transactions that occurred over the previous year is $200,899.85. The number of current listings in Allen Park is 26, and the percentage of properties for sale in the city is 60.47%. Allen Park, MI currently has 17 properties in foreclosure, 6 bank owned properties, 11 properties headed for auction, and 26 properties for sale.
Housing Market Summary for Allen Park, MI
| Apr 2022 | April 2023 | Change | |
|---|---|---|---|
| Median Listing Price | $174.9K | $188.1K | 7.53% |
| Median Sold Price | $177.9K | $188.1K | 5.73% |
| Homes For Sale | 32 | 21 | -34.38% |
| Homes Sold | 417 | 351 | -15.83% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Allen Park, MI
Browse Homes in Allen Park, MI
Allen Park home values range from $26,280 to $894,842. The median estimated value of a home in Allen Park is $200,899.85. The median list price of a home is 198,250, and the total count of properties in the city is 11,503.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Allen Park, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Allen Park, MI; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Allen Park, MI ranges from the highest value of $237,285 in 48101 to the lowest value of $68,580 in 48101. Bank owned homes and properties account for 0.05% of properties in Allen Park, MI. There is 1 zips within Allen Park, MI; 48101 containing 6 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions48101 has 11 auction properties, the highest number of properties going to auction in a single zip in the state of Allen Park, MI. Auction homes and other auction properties account for 0.10% of all properties in Allen Park, MI. There is 1 zips within Allen Park, MI; of that zips, the median estimated home value for homes going to auction ranges from $226,006 in 48101 to the lowest value of $148,359 in $48101.
