Why Live in Lathrup Village
Lathrup Village, Michigan, located just outside of Detroit within Southfield city limits, is known for its diverse architectural styles and rich amenities. The area features a mix of Colonial, Tudor, and mid-century modern homes, creating a unique and charming atmosphere. The tree-lined streets and well-maintained lawns add to the inviting ambiance. Education is a priority for residents, with highly rated schools such as MacIntyre Elementary School, Alice M. Birney School, and Southfield High School for the Arts & Technology. Local parks like Annie Lathrup Park, with its walking/jogging pathway and outdoor skating rinks, and Lathrup Village Dog Park, which hosts events like Bark in the Park, provide ample outdoor activities. Food enthusiasts can enjoy a variety of dining options in nearby Southfield, including Cornbread Restaurant and Bar and the Original House of Pancakes. Shopping needs are met with easy access to Southfield Plaza, Twelve Oaks Mall, and the Somerset Collection, along with grocery stores like Meijer, Kroger, and Trader Joe's. Lathrup Village also focuses on sustainability with community gardens, energy-efficient lighting, and waste reduction programs, reflecting its commitment to preserving natural beauty and fostering a harmonious environment.
Home Trends in Lathrup Village, MI
On average, homes in Lathrup Village, MI sell after 45 days on the market compared to the national average of 51 days. The median sale price for homes in Lathrup Village, MI over the last 12 months is $296,000, down 9% from the median home sale price over the previous 12 months.
Median Sale Price
$296,000
Median Single Family Sale Price
$337,000
Median 2 Bedroom Sale Price
$148,000
Average Price Per Sq Ft
$167
Number of Homes for Sale
7
Last 12 months Home Sales
50
Median List Price
$337,450
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-9%