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HpmontagePhoto: Jacob S. grafitti 14:52, 18 March 2010 (UTC) · CC BY 3.0
Housing in Hazel Park

264 homes sold in Hazel Park in the last year, at a typical $171K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Hazel Park homes are listed.

Homes sold
264
June 2025 to May 2026
Typical sale price
$171K
median, weighted by sales
Price per square foot
$160
Michigan $172
Paid vs. asking
98.2%
31% sold over asking
For sale now
58
May 2026 · 25 sold that month
What sold · last 12 months

Houses are 97% of Hazel Park’s sales, at a typical $170K

264 homes sold in the year to May 2026.

Houses$170K

typical sale · 257 sold in 12 months

Per square foot
$160MI $172
Days to sell
29
Sold over asking
32%
Listings with a price cut
35%
Fewer sales

Multi-family (2–4 units): 2 sold, typical $238K
Condos: 5 sold, typical $280K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2022, at 3.1 times the 2016 price

264 sales in the last year, against 417 in 2021 and a low of 290 in 2025. The typical sale went from $54K in 2016 to $171K.

Homes soldTypical sale price
0112225337450$50K$100K$150K$200K2012: 389 sold, typical $19K’122013: 359 sold, typical $26K2014: 351 sold, typical $26K’142015: 340 sold, typical $33K2016: 305 sold, typical $54K’162017: 319 sold, typical $74K2018: 395 sold, typical $94K’182019: 395 sold, typical $110K2020: 383 sold, typical $124K’202021: 417 sold, typical $153K2022: 393 sold, typical $153K’222023: 347 sold, typical $166K2024: 316 sold, typical $174K’242025: 290 sold, typical $170KLast 12 months: 264 sold, typical $171KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $150K buys in Hazel Park

Houseat $160 a sq ft
The same money in Michiganat $172 a sq ft

Is this asking price fair?

Check a listing against what Hazel Park homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Hazel Park are back to pre-pandemic levels, and more homes are for sale

We read every month of Hazel Park’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 264 sales.

If you’re buying in Hazel Park

  • Shop in October. It brings about 36 new listings a month, close to the busiest month, with fewer bidding wars (27% over asking).
  • Some room to negotiate. 34% of listings cut their price, about as many as before the pandemic.
  • Bid near asking. Buyers paid 98.2% of the list price on average; 31% paid over.
  • You’ll usually have time. Only 41% of homes go under contract within two weeks; the typical one takes 29 days.
Best time to buy

Summer brings the homes; spring brings the bidding wars

August has the most new listings (about 44 a month), but May is the most competitive: 41% of May sales close over asking. September and October offer nearly as much choice with fewer homes bid up (29%). January has the least competition (17%).

New listings a monthShare sold over asking
011.322.533.84520%40%60%Sweet spotJan: 27 new listings a month, 17% sold over asking, 45 days to sellJFeb: 26 new listings a month, 25% sold over asking, 37 days to sellFMar: 37 new listings a month, 28% sold over asking, 34 days to sellMApr: 36 new listings a month, 29% sold over asking, 25 days to sellAMay: 40 new listings a month, 41% sold over asking, 19 days to sellMJun: 40 new listings a month, 40% sold over asking, 17 days to sellJJul: 39 new listings a month, 40% sold over asking, 18 days to sellJAug: 44 new listings a month, 33% sold over asking, 17 days to sellASep: 41 new listings a month, 29% sold over asking, 19 days to sellSOct: 36 new listings a month, 27% sold over asking, 26 days to sellONov: 30 new listings a month, 23% sold over asking, 27 days to sellNDec: 20 new listings a month, 23% sold over asking, 33 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and about like Michigan as a whole

Hazel Park now2017–192021 peakMI now
Sold over askingShare of sales that closed above the list price31%27%41%31%
Gone within two weeksShare of homes under contract within 14 days41%48%51%43%
Listings with a price cutShare of homes for sale that cut their price34%36%30%28%
Price paid vs. askingAverage sale price ÷ list price98.2%97%99.7%98.4%
Days to sellMedian days from listing to contract29192133
Supply

59 homes for sale on a typical day

That’s 1.6 times the 2017 low (37), 19% more than in 2017–19 and well under 2012’s 148.

2012: 148 for sale’122013: 117 for sale2014: 107 for sale2015: 88 for sale’152016: 47 for sale2017: 37 for sale2018: 50 for sale’182019: 62 for sale2020: 49 for sale2021: 57 for sale’212022: 56 for sale2023: 50 for sale2024: 57 for sale’242025: 62 for saleLast 12 months: 59 for saleNow
Room to negotiate

1 in 3 listings has cut its price

34% in the last year, against 36% in 2017–19 and 28% across Michigan.

2015: 18%’152016: 28%2017: 26%2018: 38%’182019: 40%2020: 33%2021: 30%’212022: 32%2023: 28%2024: 33%’242025: 34%Last 12 months: 34%Now
Prices by type

Houses and condos, year by year

A house typically sold for $170K in the last year (257 sales), a condo for $280K (5).

$75K$150K$225K$300K2013201520172019202120232025NowHouses 2013: $25K, 352 salesHouses 2014: $25K, 346 salesHouses 2015: $32K, 336 salesHouses 2016: $53K, 296 salesHouses 2017: $74K, 316 salesHouses 2018: $94K, 390 salesHouses 2019: $110K, 390 salesHouses 2020: $123K, 373 salesHouses 2021: $151K, 397 salesHouses 2022: $152K, 378 salesHouses 2023: $160K, 328 salesHouses 2024: $168K, 292 salesHouses 2025: $168K, 281 salesHouses last 12 months: $170K, 257 salesHouses $170KCondos 2013: $65K, 5 salesCondos 2020: $147K, 6 salesCondos 2021: $254K, 15 salesCondos 2022: $284K, 11 salesCondos 2023: $266K, 18 salesCondos 2024: $275K, 13 salesCondos 2025: $268K, 7 salesCondos last 12 months: $280K, 5 salesCondos $280K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Michigan

Hazel Park ranks 118th of 194 busy Michigan markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Hazel Park is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Hazel Park home costs about $1,114 a month

Mortgage
Property tax
Insurance
Rent

Price: Hazel Park’s typical sale, last 12 months. Property tax at Hazel Park’s 1.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Hazel Park is affordable on local pay is on Cost of living.

Before you buy in Hazel Park

Six things worth knowing

44

New listings in August

The month with the most choice. December has the fewest, about 20.

Best time to buy
1.6%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $171K home, about $2,660 a year.

Taxes vs. neighbors
D

Schools

The schools grade for Hazel Park, from test results, graduation and how much students grow.

Schools in Hazel Park
25 min

Typical commute

The average one-way trip to work for people who live in Hazel Park.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Center Line and Highland Park sell for less a square foot; Ferndale, Pleasant Ridge and Huntington Woods for far more

The busier markets within 25 miles of Hazel Park, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Ferndale407$272K$22837%26
Madison Heights363$224K$18742%23
Hazel Park264$171K$16031%29
Center Line89$178K$13834%41
Huntington Woods73$511K$27949%18
Highland Park59$98K$5117%77
Pleasant Ridge37$516K$26738%25

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Hazel Park, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Hazel Park. People who follow the town see it, and so do people comparing Hazel Park with their own town. No commission, no listing fee.

Questions about buying a home in Hazel Park

What do homes sell for in Hazel Park, MI?

264 homes sold in the year to May 2026 at a typical $171K, $160 a square foot.

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

A seller’s market: 58 homes were for sale in May 2026 and 25 sold, about 2.3 months of supply. Buyers paid 98.2% of asking on average, and 34% of listings cut their price.

When is the best time to buy in Hazel Park?

August brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Hazel Park?

About 1.6% of a home’s value a year. On a $171K home that’s near $2,660.

Where can I see homes for sale in Hazel Park?

Zillow, Redfin, Realtor.com and Homes.com all carry Hazel Park’s MLS listings; the search links above open each one filtered to Hazel Park.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).