Hazel Park, MI Housing Market & Real Estate

Seller's market+5.9% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Hazel Park, MI is $185,299, up 5.9% year-over-year. Homes sell in an average of 26 days with 51 active listings. The market is currently a seller's market.

$185,299median sale price

Is Hazel Park a buyer's or seller's market?

Seller's market2.4 months of supply26 avg. days on market

Hazel Park, MI is currently a seller's market, based on 2.4 months of supply and homes selling in about 26 days. How we determine this →

Homes sold

21

Last 12 weeks

Days on market

26

Average pace

Active listings

51

2.4 months supply

Sale-to-list

97.7%

Below asking

Hazel Park, MI market data

Current housing market statistics for Hazel Park, MI
MetricValue
Median sale price$185,299
Median list price$170,000
Year-over-year price change+5.9%
Average days on market26 days
Active inventory51 listings
Months of supply2.4 months
Sale-to-list price ratio97.7%
Market conditionSeller's market

Source: Redfin · Updated weekly

The Hazel Park housing market is currently classified as a seller's market with a median sale price of $185,299. Prices have risen 5.9% compared to last year, with homes spending an average of 26 days on market, indicating 2.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Hazel Park

There are currently 51 homes listed for sale in Hazel Park, Michigan. The median listing price is $170K.

Active listings

51

Homes on market

Median list price

$170K

Avg. days on market

26

Days until sale

New this week

27

Newly listed

Price drops:29.4%of listings
Sale-to-list:97.7%

Top public schools in Hazel Park

9 schools tracked · 5,380 students

The largest public schools serving Hazel Park, 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.

Michigan Virtual Charter Academy

Grades PK-12 · 2,921 students

Charter

Hazel Park High School

Grades 9-12 · 557 students

Public

Hazel Park Junior High School

Grades 6-8 · 434 students

Public

United Oaks Elementary School

Grades K-5 · 335 students

Public

Michigan Cyber Academy

Grades 9-12 · 332 students

Alternative

Invest Roosevelt Alternative High School

Grades 9-12 · 316 students

Alternative

Hoover Elementary School

Grades PK-5 · 249 students

Public

Advantage Alternative Program

Grades K-12 · 190 students

Alternative

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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Frequently asked questions

What is the average home price in Hazel Park?

The median home sale price in Hazel Park is $185,299, up 5.9% from last year.

How long do homes stay on market in Hazel Park?

Homes typically spend 26 days on market before going under contract.

Is Hazel Park a buyer's or seller's market?

With 2.4 months of supply, Hazel Park is currently a seller's market.

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