Why Live in Highland Park
Highland Park, located less than 10 miles north of Downtown Detroit, is a community with a rich history tied to the automobile industry, particularly the Ford Motor Company, which established a production plant there in 1907. The neighborhood features historic districts like Medbury Grove and the Highland Heights-Stevens’ Subdivision, showcasing classic single-family homes from the early 1900s, including Craftsman-style bungalows, Colonial Revivals, and American Foursquares. Despite facing financial hardships, the community is undergoing revitalization efforts led by local organizations and city officials. Residents benefit from proximity to three major expressways—Route 10, Route 8, and Interstate 75—and public transportation provided by the Suburban Mobility Authority for Regional Transportation (SMART). Woodward Avenue serves as a commercial hub with supermarkets like Aldi and Glory Supermarket, and dining options such as Cakes and Shakes and Woodward Bistro. The area also features several parks, with nonprofits working to renovate spaces like Casey/Barone Park, which now includes new exercise equipment, a basketball court, and a playscape. Community events, such as the Second Sundays Seniors Social and Luncheon organized by A Village Detroit, foster a sense of togetherness among residents. Future plans for Highland Park include a $10 billion revitalization project by Manna Development Corp., aiming to address the city’s water debt, invest in education, and develop Uptown Highland Park.
Frequently Asked Questions
What is the average home price in Highland Park, MI?
Homes for sale in Highland Park, MI have an average home price of $102,652.
How many homes have sold over the last 12 months in Highland Park, MI?
96 homes have sold in Highland Park, MI over the last 12 months.
What are the most popular zip codes in Highland Park, MI?
How much do you need to make to afford a house in Highland Park?
The median home price in Highland Park is $76,500. If you put a 20% down payment of $15,300 and had a 30-year fixed mortgage with an interest rate of 6.81%, your estimated principal and interest payment would be $400 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $17K a year to afford the median home price in Highland Park.
How are the schools in Highland Park, MI?
Home Trends in Highland Park, MI
On average, homes in Highland Park, MI sell after 66 days on the market compared to the national average of 50 days. The median sale price for homes in Highland Park, MI over the last 12 months is $76,500, up 56% from the median home sale price over the previous 12 months.
Median Sale Price
$76,500
Median Single Family Sale Price
$70,950
Average Price Per Sq Ft
$62
Number of Homes for Sale
68
Last 12 months Home Sales
96
Median List Price
$76,500
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
56%
