12 hours on Rocket
$2,314 Closing Credit¹
#20250028585, Harrison A Shirey, Listing Office: RE/MAX Dream Properties
Allen Park Housing Market Report March 2025•Wayne County, Michigan
Housing Prices in Allen Park, MI
How much do homes in Allen Park, MI cost?
Housing Market Conditions
Is Allen Park, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Allen Park is a Seller's Market
Difference Since March 2024
Since last year, Allen Park has remained a Seller's Market.
Insight
Allen Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$215,000$126/SqFt
+$5,000
+2.4%
Based on all homes sold in the last 12 months
Insight
Homes in Allen Park have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in Allen Park was $215,000 in March 2025, up 2.4% from last year, and the median price per square foot was $126.
Median Sold Price By Cities
| City | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| Southgate | $181.3K | $196.7K | +8.5% |
| Dearborn | $247.9K | $265K | +6.9% |
| Allen Park | $210K | $215K | +2.4% |
| Lincoln Park | $149.9K | $153K | +2.1% |
| Melvindale | $144K | $140K | -2.8% |
Median Sold Price By Bedrooms
| Beds | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $65K | $70K | +7.7% |
| 22 Bedrooms | $160K | $150K | -6.3% |
| 33 Bedrooms | $210K | $215.1K | +2.5% |
| 44 Bedrooms | $245.1K | $250K | +2.0% |
| 55+ Bedrooms | $277.5K | $357.5K | +28.8% |
Summary: Allen Park housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes increased by +7.7%. The home price for 2 bedroom homes decreased by -6.3%. The home price for 3 bedroom homes increased by +2.5%. The home price for 4 bedroom homes increased by +2.0%. The home price for 5 bedroom homes increased by +28.8%.
How does Allen Park, MI compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Allen Park, MI
Housing supply in Allen Park, MI
How many homes are available in Allen Park, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 67Last MonthMar 2025 | ||
| 502 months agoFeb 2025 | +34.0 % Change MoMFeb – Mar |
Summary: The Allen Park real estate market had 67 homes for sale in Mar 2025, a 34.0 % increase compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 12Last MonthMar 2025 | ||
| 122 months agoFeb 2025 | 0.0 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 0 | -100.0% |
| 22 Bedrooms | 4 | 4 | 0.0% |
| 33 Bedrooms | 39 | 53 | +35.9% |
| 44 Bedrooms | 6 | 10 | +66.7% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Allen Park housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -100.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +35.9%. The inventory for 4 bedroom homes increased by +66.7%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Allen Park, MI cost?
Over Asking Price8 Homes
At Asking Price3 Homes
Under Asking Price1 Home
Insight
If you're buying a home in Allen Park, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in Allen Park in March 2025, the same as the previous month. Of the 12 sold homes, 8% were sold under asking, 25% were sold at asking, and and 67% were sold over asking.
Days on Market for Allen Park, MI
How long does it take to sell a home in Allen Park, MI?
Breakdown of Home Sale Times
Under 30 Days10 Homes
30 – 90 Days1 Home
Over 90 Days1 Home
Insight
Many homes in Allen Park are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 12 homes were sold in Allen Park; 83% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 23 DaysThis YearMar 2025 | ||
| 17 Days1 year agoMar 2024 | +36.2 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Allen Park had an average listing age of 23 days in Mar 2025, up by 36.2% compared to the previous year.
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Newest Listings in Allen Park, MI
What homes are available in Allen Park, MI?
1 day on Rocket
$2,196 Closing Credit¹
#20250028968, Harry Cassidy, Listing Office: Real Estate Unlimited, Inc
2 days on Rocket
$2,908 Closing Credit¹
#20250024905, Angela Griggs, Listing Office: Century 21 Curran & Oberski
2 days on Rocket
$2,791 Closing Credit¹
#20250027756, Timothy Hillmer, Matthew A Hillmer, Listing Office: Century 21 Curran & Oberski
3 days on Rocket
$3,551 Closing Credit¹
#57050172231, Tony Butson, Listing Office: Key Realty One LLC in Monroe
Coming soon
$2,968 Closing Credit¹
#25016933, Devon Smith, Kellie Smith, Listing Office: Home Matters Realty Group
4 days on RocketBackup offers
$1,306 Closing Credit¹
#57050171895, Binger Show, Listing Office: The Binger Show Team
4 days on Rocket
$2,957 Closing Credit¹
#81025016532, Josue Cortez, Elijah Cook, Listing Office: Keller Williams Metro, KW Metro
7 days on Rocket
$2,730 Closing Credit¹
#20250027262, Hiam Harb, Listing Office: Keller Williams Legacy
7 days on Rocket
$2,672 Closing Credit¹
#57050171832, Shannon Bagdonas, Listing Office: LPT Realty LLC
$2,969 Closing Credit¹
#81025016106, Ibrahim Sharif, Listing Office: Waison Realty LLC
$2,613 Closing Credit¹
#20250026527, Kaitlyn Pangrazzi, Listing Office: @properties Christies Intl R.E. Birmingham
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MLS Disclaimers and Copyright
Based on information from RealComp II Ltd., and Michigan Regional Information Center LLC for the period 04/01/2023 - 04/01/2025
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/26/2025, 12:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2025 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/26/2025, 12:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.