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Foreclosure Homes in Highland Park, MI

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Highland Park, MI Foreclosures

How much do homes sell for in Highland Park, MI?
The average home price is currently $104,084.
In Highland Park, MI, how many homes are available?
There are currently 601 active home listings available in Highland Park.
What’s the average rental cost in Highland Park, MI?
The average rental price in Highland Park is $1,539.
What is the most expensive home in Highland Park?
The most expensive home sold in Highland Park had a price of $8,160,379.
What is currently the cheapest priced home in Highland Park, MI?
The cheapest home for sale in Highland Park is priced at $10,202.

Living in Highland Park, MI

Highland Park, MI is a vibrant and historic city located just north of Detroit, known for its rich automotive heritage and diverse community. It offers a unique blend of urban amenities and suburban comforts, making it an appealing place to live. From local parks to community events, Highland Park is a welcoming environment for families and individuals alike.

Current Market Conditions in Highland Park, MI

The real estate market in Highland Park has shown signs of stabilization over the past few years, with property values slowly increasing as the community revitalizes. Buyers can find various housing options, from single-family homes to multifamily units, catering to a diverse demographic.

Investment in improvements and community programs has sparked interest in the Highland Park area. It has become a focus for both local and external investors seeking affordable housing options and the potential for growth in the locality.

Home Value Estimator For Highland Park, MI

There are currently 9,326 real estate properties in Highland Park, MI, with a median automated valuation model (AVM) price of $82,403.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Highland Park, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Highland Park, MI, is $104,084.00, with the most expensive house in Highland Park, MI, topping out at $8,160,379.00 and the cheapest home in Highland Park, MI, clocking in at $10,202.00. In other words, there’s something for every potential homebuyer or savvy investor in Highland Park, MI!

Rent Prices In Highland Park, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Highland Park, MI, is on a rollercoaster ride. The average rent price in Highland Park, MI, is $1,539.00. Indeed, when looking to rent in Highland Park, MI, you can expect to pay as little as $620.00 or as much as $2,440.00, with the average rent median estimated to be $1,520.00. The good news is that finding an affordable and desirable property to rent in Highland Park, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Highland Park, MI Foreclosures


Market Trend for Highland Park, MI

Total Listings Available: 601

Market Values:

Home Prices from $10,202 to $8,160,379

Average Sales Price: $104,084

Rental Values:

Rental from $620 to $2,440

Average Rent Value: $1,539 / month

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