How much do homes in Hamtramck, MI cost?

Median List Price

$139,900

Based on all homes listed in the last 12 months.

Difference Since July 2020

+$20,000(+16.7%)

Key Takeaway

The list price of homes in Hamtramck has increased by 16.7% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSJul 2020Jul 2021%
1 --N/A
2 $79.9K$105.4K+31.9%
3 $100K$139K+39.0%
4 $135K$144.9K+7.3%
5+ $149K$159K+6.7%

Median List Price Compared To Nearby Cities

Highland Park
+49.2%
Detroit
+29.0%
Hamtramck
+16.7%

How many homes are available in Hamtramck, MI?

Number of Homes For Sale

Jun 2021Jul 2021%
4043+7.5%

Homes For Sale By Bedroom Count

# BEDSJun 2021Jul 2021%
1 000.0%
2 10100.0%
3 1719+11.8%
4 990.0%
5+ 45+25.0%

Asking Price vs. Sold Price

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Key Takeaway

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Average Listing Age

Jul 2020Jul 2021%
132 Days68 Days-48.1%

Breakdown of Home Sale Times

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About Hamtramck, MI

There are 43 homes are for sale in Hamtramck, MI real estate market. In July 2021 in Hamtramck, MI there were 7.5% more homes for sale than in June 2021. In July 2021 median list price was $139,900 and the average listing age was 68 days. Listing prices have changed in this real estate market between June 2021 and July 2021: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties prices increased by 31.9%, prices of 3 bedrooms properties went up by 39%, the cost of 4 bedrooms properties went up by 7.3%, prices of 5 bedrooms properties increased by 6.7%. Volume of homes for sale changed: volume of 1 bedroom homes stayed the same, number of 2 bedrooms homes remained the same, number of 3 bedrooms homes increased by 11.8%, volume of 4 bedrooms homes stayed the same, 5 bedrooms homes became 25% more available. While more than 3 listings in Hamtramck, MI in July 2021 were sold above asking price, there were more than 2 listings sold at asking price, and more than 2 were sold below.

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