House Prices

House Prices & Home Values Allen Park, MI 2026


Average Data

average house price$138,791
average size per house1217 ft²
average price per ft²115 $ / ft²

06/10/2026 - The value range (VR) for house prices in Allen Park, MI is $134/ sqft to $134/ sqft. An average home with 1217 sqft costs approximately $163,078 to $163,078. Allen Park, MI includes 1 ZIP codes and it is located in Wayne county. The lowest prices are found in ZIP 48101, while the highest are in ZIP 48101. The average price per sqare feet is $115. Our analysis is based on 11 property listings.

Avergage prices by ZIP codes Allen Park

48101143 $ / ft²




Historical development of home values in Allen Park

Year Estimated value (USD) Change vs. 2025
2010 $64,457 -53.6%
2011 $61,964 -55.4%
2012 $61,798 -55.5%
2013 $64,107 -53.8%
2014 $67,295 -51.5%
2015 $70,749 -49.0%
2016 $74,441 -46.4%
2017 $78,459 -43.5%
2018 $82,797 -40.3%
2019 $86,636 -37.6%
2020 $91,115 -34.4%
2021 $103,633 -25.3%
2022 $120,813 -13.0%
2023 $127,403 -8.2%
2024 $134,773 -2.9%
2025 $138,791 0.0%

Graph: estimated home values in Allen Park over time (USD)



Example: 100% financing house in Allen Park

Loan amount: $138,791

Interest rate: 6.00%

Fixed monthly payment: $832.12

Breakdown in the 1st month:
Interest portion: $693.96  –  Principal portion: $138.17

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $8,281.10 $1,704.37 $137,086.63
2 $8,175.97 $1,809.49 $135,277.14
3 $8,064.37 $1,921.10 $133,356.04
4 $7,945.88 $2,039.59 $131,316.46
5 $7,820.08 $2,165.38 $129,151.07
6 $7,686.53 $2,298.94 $126,852.13
7 $7,544.73 $2,440.73 $124,411.40
8 $7,394.19 $2,591.27 $121,820.13
9 $7,234.37 $2,751.10 $119,069.03
10 $7,064.69 $2,920.78 $116,148.25
11 $6,884.54 $3,100.92 $113,047.33
12 $6,693.28 $3,292.18 $109,755.15
13 $6,490.23 $3,495.24 $106,259.91
14 $6,274.65 $3,710.82 $102,549.09
15 $6,045.77 $3,939.69 $98,609.40
16 $5,802.78 $4,182.68 $94,426.72
17 $5,544.80 $4,440.66 $89,986.06
18 $5,270.91 $4,714.55 $85,271.51
19 $4,980.13 $5,005.34 $80,266.17
20 $4,671.41 $5,314.05 $74,952.12
21 $4,343.65 $5,641.81 $69,310.31
22 $3,995.68 $5,989.79 $63,320.52
23 $3,626.24 $6,359.22 $56,961.29
24 $3,234.02 $6,751.45 $50,209.85
25 $2,817.60 $7,167.86 $43,041.99
26 $2,375.51 $7,609.96 $35,432.03
27 $1,906.14 $8,079.33 $27,352.70
28 $1,407.83 $8,577.64 $18,775.06
29 $878.78 $9,106.69 $9,668.37
30 $317.10 $9,668.37 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Allen Park, MI


1500 sqft3900 sqft
Ø selling price$208,726$444,016
Ø fast selling$189,751$399,614
Ø high price sale$227,701$488,417

In 2026, houses in Allen Park, MI will be offered at an average price of $115 per square foot. A 1,500 sqft home priced at $208,726 is 24.38% more expensive per square foot than a 3,900 sqft home priced at $444,016. Home prices in Allen Park, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $307,395. Sellers who can wait longer may achieve a higher price of up to $375,706.


Allen Park, MI City Guide

Overview

Allen Park, MI is a welcoming Downriver community in the Detroit metro area known for tree-lined neighborhoods and convenient living.
Visitors and residents alike appreciate Allen Park, Michigan for its friendly vibe, well-kept parks, and central location.

Attractions & Landmarks

The city is home to major employers like Ford Motor Company facilities and the iconic Uniroyal Giant Tire landmark off I?94.
Local favorites such as the Allen Park Civic Arena and downtown dining spots add year-round fun.

Parks & Recreation

Residents enjoy Champaign Park, Allen Road Park, and a network of playgrounds, ball fields, and walking paths.
Seasonal events, farmers markets, and youth sports create community connections across the city.

Schools & Community

Allen Park Public Schools and nearby parochial options offer strong academics and spirited Jaguars athletics.
Libraries, senior programs, and civic groups reflect the city's tight-knit, family-friendly character.

Access & Real Estate

Quick access to I?94, the Southfield Freeway (M?39), and Detroit Metropolitan Airport makes commuting and travel simple.
Affordable real estate, well-kept bungalows, and active small businesses make Allen Park, MI a smart place to live, work, and invest.



FAQ – Home Values in Allen Park

What is the median home value in Allen Park in 2026?

In 2026, the typical home value in Allen Park is about $138,791 for an average home size of 1217 square feet. This corresponds to an average price of roughly $115 per square foot.

What is the average cost per square foot in Allen Park?

In 2026, homes in Allen Park sell for an average of around $115 per square foot, with a typical range between $134 and $134 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Allen Park is about 1217 square feet, with an estimated 2026 value around $138,791.



Locations close to Allen Park, MI

Ann Arbor, MI166 $ / ft²
Belleville, MI113 $ / ft²
Brighton, MI193 $ / ft²
Yale, MI135 $ / ft²
Ray, MI146 $ / ft²
Washington, MI176 $ / ft²
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