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Market Intelligence · MI / Hazel Park

Hazel Park, MI 48030 Housing Market

The typical home value in Hazel Park, MI 48030 is $154,149, down 3.4% over the past year as of September 2026. The median list price is $172,450, and homes are spending a median of 43 days on the market. Sellers here face a softer market than a year ago.

Updated September 2026Median value$154K

The median home value in Hazel Park, MI 48030 is $154K as of September 2026, down 3.4% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 48030 range

$142K to $166K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-3.4% over 12 months

Typical home value in 48030 over the last 12 months: $160K in Sep 2025 to $154K in Sep 2026 (-3.4%).

Sep 2025$160K

Sep 2026$154K

The numbers

What is the 48030 housing market like?

Typical home value

$154K

Down3.4%YoY

Median list price

$172K

Down3.6%MoM

Days on market

43

Up10.3%MoM

Homes for sale

67

Up3.1%MoM

Price cuts

23.7%

Down13.0%MoM

New listings

26

Down7.1%MoM

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

The outlook

48030 housing market forecast 2027

+1.0%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 48030 to rise 1.0% by September 2027.

Over the 12 months through September 2026, typical home values in 48030 fell 3.4%, per the Zillow Home Value Index.

Will home prices drop in 48030?

Zillow's forecast does not call for a drop: it expects typical home values in 48030 to rise 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.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 48030 home prices compare?

  • 48030$154,149
  • Hazel Park$154,149
  • Michigan$241,156
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Hazel Park: 1 ZIP; Michigan: 891 ZIPs; United States: 26,262 ZIPs).

Context

Home values in Hazel Park, MI 48030 have slipped, with the typical home value at $154,149, down 3.4% over the past year as of September 2026. Even so, the median list price stands at $172,450, which suggests some sellers are still pricing above where values have settled. There are 67 homes for sale and 26 new listings came on the market in September 2026, so buyers have options. Homes are taking a median of 43 days to sell, and 23.7% of listings have taken a price cut. For a seller, the practical read is that pricing realistically from day one matters more than testing the market high.

Monthly payment

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20% · $30,830

Common questions

What people ask us.

How much is a home in 48030 worth?

The typical home value in 48030 is $154,149 as of September 2026, down 3.4% over the past year.

How fast are homes selling in 48030?

Homes in 48030 are spending a median of 43 days on the market as of September 2026. There were 67 homes for sale and 26 new listings that month.

Are sellers cutting prices in 48030?

Yes, 23.7% of listings in 48030 had a price cut as of September 2026. That lines up with typical values being down 3.4% over the past year.

Discover

Nearby ZIP markets.

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