Zip 48101 (Allen Park, MI) Housing

Allen Park, MI is a city where housing is very affordable. The housing median value in the area is $175,700, which is significantly lower than the US median value of $338,100. In the past year, house appreciation in Allen Park was 8.47%, slightly higher than the national average of 8.27%. This makes Allen Park an attractive option for those looking for a place to call home that won't break the bank.

The median home cost in Allen Park (zip 48101) is $175,700. Home appreciation the last 10 years has been 109.8%. Home Appreciation in Allen Park (zip 48101) is up 13.1%.

Average Age of Homes

- The median age of Allen Park (zip 48101) real estate is 62 years old

The Rental Market in Allen Park (zip 48101)

- Renters make up 12.9% of the Allen Park (zip 48101) population
- 0.0% of houses and apartments in Allen Park (zip 48101), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Allen Park, Michigan	United States
	12,360.0	139,647,020.0
	66	42
	$175,700	$338,100
	13.1%	16.6%
	49.3%	57.0%
	109.8%	101.1%
	$21.30	$10.98
	$3,031	$2,690
	82.1%	57.4%
	4.6%	11.2%
	13.3%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.2%	0.7%
	0.1%	0.4%
	0.5%	3.6%
	2.8%	4.1%
Value of Owner-Occupied Housing
	0.7%	2.6%
	0.4%	2.4%
	1.1%	2.8%
	5.1%	3.9%
	7.5%	4.5%
	42.2%	11.3%
	27.9%	13.0%
	12.6%	20.1%
	1.8%	13.6%
	0.2%	8.3%
	0.1%	9.7%
	0.3%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	0.7%	13.6%
	0.7%	13.6%
	2.4%	13.6%
	0.7%	13.2%
	4.0%	14.8%
	2.4%	13.6%
	55.5%	10.0%
	15.4%	4.7%
	5.5%	12.2%

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