$45,000 House For Sale
3 bed, 1.0 bath, 845 sqft
The median home value in Park is $46,800. Park home values have gone up 29.3% over the past year and Zillow predicts they will rise 8.0% within the next year. The median price of homes currently listed in Park is $27,900. The median rent price in Park is $850, which is higher than the Detroit median of $750.
The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.