How much does it cost to buy a house in Highland Park, MI?

In May 2026 Highland Park homes were listed to buy for a median price of $59.4K, which is a 21% decrease to April 2025 last month, and a 20% decrease to May 2025 last year. The median value of a home listed to buy in Highland Park in May 2026 was $46 per sqft, which is a 22% decrease to April 2025 last month, and a 22% decrease to May 2025 last year.

Is it affordable or expensive to live in Highland Park, MI?

It is affordable to live in Highland Park. Buying a home in Highland Park is 0% less expensive compared with the national average.

Is it a good time to buy property in Highland Park, MI?

Yes now is a good time to buy property in Highland Park, in May 2026, homes in Highland Park have decreased in value (price per sqft) by 22% in the last year compared with May 2025.

Are home prices dropping in Highland Park, MI?

Home price are dropping in Highland Park, in May 2026, homes to buy in Highland Park have decreased in median list price by 13% compared with April 2026, one month ago.

Is the Highland Park, MI housing market slowing down?

The housing market in Highland Park is slowing down. In May 2026, homes to buy in Highland Park spent an median 40 days on the market, a 45% decrease from May 2025 last year.

What are the best and safest places to live in Highland Park, MI?

The best and safest neighborhoods to live in Highland Park in May 2026 are Indian Village, Corktown, Brush Park, Midtown, Detroit Golf, Palmer Park, Virginia Park, Green Acres, University District, Downtown Detroit, North Rosedale Park, Lasalle Gardens, New Center, Rosedale Park, Russell Woods, Lafayette Park, East English Village, Eight Mile Wyoming, Grandmont, Brightmoor

How much money should I make to buy a house in Highland Park, MI?

In May 2026, Highland Park homes were listed to buy for a median price of $59.4K, with 25% down you would need $417/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $14.2K.

Is it a good time to sell my house in Highland Park, MI?

Yes now is a good time to sell your house in Highland Park, in May 2026, homes in Highland Park have decreased in value (price per sqft) by 22% in the last year compared with May 2025.