Hazel Park, MI housing market
The typical Hazel Park home is worth about $159,000, down 3.8% in a year, 40% below the Michigan typical home. Homes typically sell in 25 days, a little above asking.
Home values, sales, trends and how Hazel Park compares with the towns next door — updated as new data is published.
Hazel Park at a glance
A seller's market
Supply is tight — about 2.3 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Hazel Park | Michigan |
|---|---|---|
| 2017 | $62,000 | $144,000 |
| 2018 | $81,000 | $155,000 |
| 2019 | $99,000 | $165,000 |
| 2020 | $111,000 | $175,000 |
| 2021 | $132,000 | $194,000 |
| 2022 | $142,000 | $217,000 |
| 2023 | $151,000 | $230,000 |
| 2024 | $163,000 | $241,000 |
| 2025 | $169,000 | $253,000 |
| 2026 | $162,000 | $262,000 |
| August 2026 | $159,000 | $266,000 |
Hazel Park and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Hazel Park | $159K | −3.8% | 25 | $67,073 |
| Ferndale | $251K | −1.5% | 16 | $94,640 |
| Warren | $201K | +0.4% | 18 | $64,016 |
| Madison Heights | $220K | −1.3% | 13 | $69,503 |
| Detroit | $77K | −5.7% | 54 | $39,938 |
| Royal Oak | — | — | 15 | $101,109 |
2.4 years of income
The typical Hazel Park home costs about 2.4 years of the town's median household income, less than across Michigan (3.7 years).
How Hazel Park ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.