Highland Park, MI is a great place to live if you are looking for affordable housing. The median value of a house in Highland Park is $66,600, much lower than the US median value of $338,100. Although the US has seen an 8.27% increase in house appreciation over the last year, Highland Park has only seen a 4.30%. Despite this slower rate of appreciation, Highland Park remains an attractive option for those looking for an affordable home.
The median home cost in Highland Park is $66,600. Home appreciation the last 10 years has been 130.9%. Home Appreciation in Highland Park is up 9.7%.
Average Age of Homes
- The median age of Highland Park real estate is 72 years old
The Rental Market in Highland Park
- Renters make up 41.1% of the Highland Park population
- 0.0% of houses and apartments in Highland 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.