Home prices
The median home in Hazel Park costs $73,600. It is roughly $142,940 (66%) lower compared to other places in this area.In comparison to the entire country it is roughly $143,900 (66%) lower, and it is about $24,400 (49%) higher compared to the city of Detroit.
Rents
The median rent in Hazel Park is $978 per month. Compared to other places in this area it is roughly $250 (20%) lower.In comparison to the US as a whole it is approximately $84 (7%) lower, and in comparison to the city of Detroit it is roughly $154 (18%) higher.
Nearby places
Ferndale
Ferndale is Hazel Park's neighbor to the west. Its housing prices are significantly more expensive. The cost of the median home in Ferndale is $162,000, which works out to $88,400 (54%) higher than Hazel Park. The rent there is a bit more expensive. In Ferndale the median rent is $1,032 a month, which comes out to $54 (5%) higher than Hazel Park.
Madison Heights
Madison Heights is Hazel Park's neighbor to the north. The housing prices there are significantly more expensive. The median home price in Madison Heights is $124,000, which works out to $50,400 (40%) higher than Hazel Park. Rent there is fairly similar. Madison Heights's median rent is $967 a month, which works out to $11 (1%) lower than Hazel Park.
Pleasant Ridge
Pleasant Ridge is roughly 2 miles west of Hazel Park. Real estate prices there are a lot more expensive. The median home in Pleasant Ridge is valued at $346,100, which works out to $272,500 (78%) higher than Hazel Park. Rents there are significantly more expensive. In Pleasant Ridge the median rent is $1,445 per month, which is $467 (32%) higher than Hazel Park.
Center Line
Center Line is about 3 miles east of Hazel Park. The housing prices there are a little more expensive. The median home price in Center Line is $87,700, which comes out to $14,100 (16%) higher than Hazel Park. Rents there are a lot less expensive. Center Line's median monthly rent is $681, which works out to $297 (43%) lower than Hazel Park.
Huntington Woods
Huntington Woods is approximately 3 miles northwest of Hazel Park. The real estate prices there are substantially more expensive. The value of the median home in Huntington Woods is $362,900, which is $289,300 (79%) higher than Hazel Park. The rent there is substantially more expensive. The median monthly rent in Huntington Woods is $2,014, which comes out to $1,036 (51%) higher than Hazel Park.
