Lafayette Park, Detroit, MI—48207
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$152,000
2.3% YoY Growth
Household Income
$44,600
50.4% YoY Growth
Days on Market
82
10.0% Shorter YoY
Home Price Forecast
1.9%
Median Rent
$1,650
14.1% YoY Growth
1-Bed Rent
$1,550
10.0% YoY Growth
2-Bed Rent
$1,800
8.5% YoY Growth
3-Bed Rent
$1,200
21.8% YoY Growth
Home Price Trends — Lafayette Park, Detroit, MI
As of Nov '25, the median home price in Lafayette Park, Detroit, MI is $152,000, with a year-over-year change of -2.3%. This indicates that home prices in Lafayette Park, Detroit, MI are decreasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $152,000 | -2.3% |
| Single Family | $102,000 | -5.6% |
| Condos | $178,000 | -5.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |