Highland Park, MI
Housing market overview · Updated weekly
$40,000median sale price
Homes sold
3
Last 12 weeks
Days on market
22
Average pace
Active listings
42
14.0 months supply
Sale-to-list
95.4%
Below asking
The Highland Park housing market is currently classified as a buyer's market with a median sale price of $40,000. Prices have fallen 49.4% compared to last year, with homes spending an average of 22 days on market, indicating 14.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Highland Park
There are currently 42 homes listed for sale in Highland Park, Michigan. The median listing price is $129K.
Active listings
42
Homes on market
Median list price
$129K
Avg. days on market
22
Days until sale
New this week
12
Newly listed
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Frequently asked questions
What is the average home price in Highland Park?
The median home sale price in Highland Park is $40,000, down 49.4% from last year.
How long do homes stay on market in Highland Park?
Homes typically spend 22 days on market before going under contract.
Is Highland Park a buyer's or seller's market?
With 14.0 months of supply, Highland Park is currently a buyer's market.
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