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Featured local agent — Hamtramck, MI
Sarah Mitchell
Compass Real Estate · Hamtramck, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Hamtramck, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$230,000median sale price
How is the Hamtramck, MI housing market right now?
The median home sale price in Hamtramck, MI is $230,000, down 2.9% year-over-year. Homes sell in an average of 29 days with 38 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Hamtramck a buyer's or seller's market?
Hamtramck, MI is currently a balanced market, based on 3.5 months of supply and homes selling in about 29 days. How we determine this →
Homes sold
11
Last 12 weeks
Days on market
29
Average pace
Active listings
38
3.5 months supply
Sale-to-list
96.3%
Below asking
What does the Hamtramck housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $230,000 |
| Median list price | $235,750 |
| Year-over-year price change | -2.9% |
| Average days on market | 29 days |
| Active inventory | 38 listings |
| Months of supply | 3.5 months |
| Sale-to-list price ratio | 96.3% |
| Median price per sq ft | $151/sq ft |
| Homes sold (latest month) | 11 |
| New listings (latest month) | 16 |
| Listings with a price cut | 28.9% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Hamtramck by property type?
How the Hamtramck, MI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $224,000 | $153/sq ft | 10 | 31 days |
Source: Redfin · Updated monthly
The Hamtramck housing market is currently classified as a balanced market with a median sale price of $230,000. Prices have fallen 2.9% compared to last year, with homes spending an average of 29 days on market, indicating 3.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.3x provides context for how home values compare to local earning capacity.
Homes for sale in Hamtramck
There are currently 38 homes listed for sale in Hamtramck, Michigan. The median listing price is $236K.
Active listings
38
Homes on market
Median list price
$236K
Avg. days on market
29
Days until sale
New this week
16
Newly listed
Who lives in Hamtramck?
Population
27,830
Median income
$40,103/yr
Median age
27 years
Owner-occupied
57.1%
College grads
18.0%
Avg commute
24.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Hamtramck?
Zillow home value
$171,508
Price-to-income
4.3x
Source: Zillow Research
What is it like to live in Hamtramck?
Hamtramck is a community of approximately 28K residents with a median age of 27 years.The median household income is $40,103, which represents a working-class community with solid middle-income opportunities. 18.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 57.1%, showing a blend of owner and renter-occupied properties. The average commute time is 24.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Hamtramck offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Hamtramck?
16 schools tracked · 6,430 students
The largest public schools serving Hamtramck, MI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Hamtramck High School
Grades 9-12 · 965 students
Hanley International Academy
Grades PK-8 · 658 students
Bridge Academy East
Grades PK-5 · 653 students
Dickinson East Elementary School
Grades K-6 · 588 students
Caniff Liberty Academy
Grades PK-9 · 562 students
Hamtramck Academy
Grades K-8 · 553 students
Oakland International Academy High School
Grades 9-12 · 520 students
Dickinson West Elementary School
Grades K-6 · 420 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Hamtramck, MI?
Want a head-to-head view? Compare Hamtramck side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Hamtramck?
The median home sale price in Hamtramck is $230,000, down 2.9% from last year.
How long do homes stay on market in Hamtramck?
Homes typically spend 29 days on market before going under contract.
What is the median income in Hamtramck?
The median household income is $40,103 per year.
Is Hamtramck a buyer's or seller's market?
With 3.5 months of supply, Hamtramck is currently a balanced market.
What is the Zillow home value estimate for Hamtramck?
The Zillow Home Value Index (ZHVI) for Hamtramck is $171,508, representing the typical home value in the area.
How much does a single-family home cost in Hamtramck?
The median single-family home price in Hamtramck, MI is $224,000 (about $153 per square foot).
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