Allen Park, MI is a great place to live with a median housing value of $183,400 that is significantly less than the US average at $338,100. The one year appreciation rate in Allen Park is 8.47%, which is higher than the US average of 8.27%. This indicates that although the prices are lower in Allen Park, they are still increasing in value at a good clip. There are plenty of options for buyers and renters alike with availability to suit any budget or lifestyle.
The median home cost in Allen Park is $183,400. Home appreciation the last 10 years has been 109.8%. Home Appreciation in Allen Park is up 13.1%.
Average Age of Homes
- The median age of Allen Park real estate is 62 years old
The Rental Market in Allen Park
- Renters make up 12.9% of the Allen Park population
- 0.0% of houses and apartments in Allen Park, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.