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Market Intelligence · MI / Oakland County

Hazel Park, MI home prices and housing market

1 ZIP market liveData updated September 2026Typical value$154K1-yr changeDown3.4%

The typical home value in Hazel Park, MI is $154K as of September 2026, down 3.4% from a year ago, based on the Zillow Home Value Index. In the typical Hazel Park ZIP code, the median list price is $172K and homes spend a median of 43 days on market as of September 2026 (Realtor.com).

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The coverage

Hazel Park, by the numbers.

Typical home valueZillow ZHVI, September 2026
$154K
1-yr changeMedian across Hazel Park ZIPs
-3.4%
ZIP markets live
1
County
Oakland County

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12-month value trend

-3.4% over 12 months

Typical home value in Hazel Park over the last 12 months: $160K in Sep 2025 to $154K in Sep 2026 (-3.4%).

Sep 2025$160K

Sep 2026$154K

Median Zillow home value index across Hazel Park's ZIP codes.

Context

Hazel Park's housing market is cooling. The typical home value stands at $154,149, down 3.4% over the past year as of September 2026. There are currently 67 homes for sale with a median list price of $172,450. Homes are spending a median of 43 days on market, and 23.7% of listings have seen a price cut. For homeowners considering a sale, this is a buyer-favorable environment where negotiation room is wider than it was a year ago.

The numbers

What is the housing market like in Hazel Park, MI?

Typical home value

$154K

Down3.4%YoY

Median list price

$172K

Days on market

43

Homes for sale

67

Price cuts

23.7%

New listings

26

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Hazel Park's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Hazel Park, MI home prices over time

Typical home values in Hazel Park, MI are down 3.4% over the past year, from $160K in September 2025 to $154K in September 2026.

Typical home value in Hazel Park, MI, September of each year
MonthTypical value1-yr change
September 2026$154,149-3.4%
September 2025$159,503No prior year

Typical value is the median Zillow Home Value Index across Hazel Park ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Hazel Park, MI a buyer's or seller's market?

Hazel Park, MI is roughly balanced between buyers and sellers.

These measures sit between the ranges that usually favor one side, so pricing and condition matter more than market direction.

Based on a median of 43 days on market and 24% of listings with a price cut in the typical Hazel Park ZIP code, and 26 new listings against 67 active listings across Hazel Park, as of September 2026 (Realtor.com).

The outlook

Hazel Park housing market forecast 2027

+1.0%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 1 Hazel Park ZIP code, points to typical home values rising 1.0% by September 2027.

Over the 12 months through September 2026, typical home values in Hazel Park fell 3.4%, per the Zillow Home Value Index.

Will home prices drop in Hazel Park?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Hazel Park shows typical home values rising 1.0% by September 2027, after a 3.4% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 1 Hazel Park ZIP code has both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in Hazel Park?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier.

Zillow ZHVI, September 2026

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Common questions

Questions about Hazel Park, MI home prices.

What is a typical home value in Hazel Park?

As of September 2026, the typical home value in Hazel Park is $154,149, which represents a decline of 3.4% over the past year.

How long do homes typically stay on the market in Hazel Park?

Homes in Hazel Park spend a median of 43 days on market. The median list price is $172,450, with 23.7% of current listings having received a price cut.

How many homes are available for sale in Hazel Park right now?

There are 67 homes currently for sale in Hazel Park as of September 2026, with 26 new listings added recently.

Are home prices going up or down in Hazel Park, MI?

Typical home values in Hazel Park, MI are down 3.4% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Hazel Park, MI a buyer's or seller's market?

Hazel Park, MI is roughly balanced between buyers and sellers. These measures sit between the ranges that usually favor one side, so pricing and condition matter more than market direction. Based on a median of 43 days on market and 24% of listings with a price cut in the typical Hazel Park ZIP code, and 26 new listings against 67 active listings across Hazel Park, as of September 2026 (Realtor.com).

Nearby markets

More Michigan housing markets.

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