A+
67%
Med. Home Val. NAT. AVG.
25%
Rent NAT. AVG.
5%
Owner Occ. NAT. AVG.

Park Housing Information

IndexParkDetroitMichigan
Median home price$106,203$94,001$235,809
Median rent asked$1,802$1,277$1,222
Avg. people per household3.02.42.5
Owner occupied households66.8%47.6%70.8%
Renter occupied households33.2%52.4%29.2%

Park Housing Market

Monthly market trends

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Housing Quick Facts

  • The median home price in Park is 67% lower than the national average.
  • The median rent asked in Park is 25% higher than the national average.
  • The average number of people per household in Park is 14% higher than the national average.
  • The number of owner occupied households in Park is 5% higher than the national average.
  • The number of renter occupied households in Park is 9% lower than the national average.

Most Affordable Places to Live in and Around Park

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Compare Detroit, MI Housing

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      River Rouge, MI7,756$59,28082%
      Ecorse, MI9,684$78,20376%
      Highland Park, MI11,056$92,16472%
      Inkster, MI25,333$92,68472%
      Hamtramck, MI22,199$129,65160%
      Detroit, MI692,044$94,00171%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Nashville, TN692,022$472,45445%
      El Paso, TX703,663$238,41427%
      Portland, OR675,307$786,058141%
      Memphis, TN674,455$192,06041%
      Oklahoma City, OK671,652$299,1338%
      Detroit, MI692,044$94,00171%
      Source: The Park, Detroit, MI housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.