House Prices

House Prices & Home Values Hamtramck, MI 2026


Average Data

average house price$124,500
average size per house1283 ft²
average price per ft²98 $ / ft²

04/15/2026 - The value range (VR) for house prices in Hamtramck, MI is $98/ sqft to $98/ sqft. An average home with 1283 sqft costs approximately $125,734 to $125,734. Hamtramck, MI includes 1 ZIP codes and it is located in Wayne county. The lowest prices are found in ZIP 48212, while the highest are in ZIP 48212. The average price per sqare feet is $98. Our analysis is based on 12 property listings.

Avergage prices by ZIP codes Hamtramck

4821291 $ / ft²




Historical development of home values in Hamtramck

Year Estimated value (USD) Change vs. 2025
2010 $57,820 -53.6%
2011 $55,584 -55.4%
2012 $55,434 -55.5%
2013 $57,506 -53.8%
2014 $60,366 -51.5%
2015 $63,464 -49.0%
2016 $66,776 -46.4%
2017 $70,380 -43.5%
2018 $74,271 -40.3%
2019 $77,715 -37.6%
2020 $81,733 -34.4%
2021 $92,962 -25.3%
2022 $108,373 -13.0%
2023 $114,284 -8.2%
2024 $120,896 -2.9%
2025 $124,500 0.0%

Graph: estimated home values in Hamtramck over time (USD)



Example: 100% financing house in Hamtramck

Loan amount: $124,500

Interest rate: 6.00%

Fixed monthly payment: $746.44

Breakdown in the 1st month:
Interest portion: $622.50  –  Principal portion: $123.94

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $7,428.41 $1,528.87 $122,971.13
2 $7,334.11 $1,623.17 $121,347.95
3 $7,234.00 $1,723.29 $119,624.67
4 $7,127.71 $1,829.57 $117,795.09
5 $7,014.87 $1,942.42 $115,852.67
6 $6,895.06 $2,062.22 $113,790.45
7 $6,767.87 $2,189.42 $111,601.04
8 $6,632.83 $2,324.45 $109,276.58
9 $6,489.46 $2,467.82 $106,808.76
10 $6,337.25 $2,620.03 $104,188.73
11 $6,175.66 $2,781.63 $101,407.10
12 $6,004.09 $2,953.19 $98,453.90
13 $5,821.94 $3,135.34 $95,318.56
14 $5,628.56 $3,328.72 $91,989.84
15 $5,423.25 $3,534.03 $88,455.81
16 $5,205.28 $3,752.00 $84,703.81
17 $4,973.87 $3,983.42 $80,720.39
18 $4,728.18 $4,229.10 $76,491.29
19 $4,467.34 $4,489.95 $72,001.34
20 $4,190.41 $4,766.88 $67,234.46
21 $3,896.40 $5,060.89 $62,173.58
22 $3,584.25 $5,373.03 $56,800.55
23 $3,252.86 $5,704.43 $51,096.12
24 $2,901.02 $6,056.27 $45,039.85
25 $2,527.48 $6,429.80 $38,610.05
26 $2,130.91 $6,826.38 $31,783.67
27 $1,709.87 $7,247.41 $24,536.25
28 $1,262.87 $7,694.42 $16,841.83
29 $788.29 $8,168.99 $8,672.84
30 $284.44 $8,672.84 $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 Hamtramck, MI


1500 sqft3900 sqft
Ø selling price$177,870$378,379
Ø fast selling$161,700$340,541
Ø high price sale$194,041$416,216

In 2026, houses in Hamtramck, MI will be offered at an average price of $98 per square foot. A 1,500 sqft home priced at $177,870 is 21.16% more expensive per square foot than a 3,900 sqft home priced at $378,379. Home prices in Hamtramck, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $261,955. Sellers who can wait longer may achieve a higher price of up to $320,166.


Hamtramck, MI: A Small City with Global Flavor

Located entirely within Detroit,
Hamtramck, MI is a compact, two-square-mile city celebrated for its walkable streets, indie shops, and global flavor.

History

Once anchored by the Dodge Main plant, Hamtramck Michigan grew from a Polish stronghold into a dynamic mosaic welcoming Yemeni, Bangladeshi, Bosnian, and other immigrant communities.

Culture & Food

Foodies love Hamtramck for old-world bakeries, pierogi, and kielbasa alongside halal eateries, spice markets, and late-night shawarma. This blend fuels a renowned music and arts scene, with DIY venues and galleries adding buzz to the city?s creative identity.

Landmarks & Events

Landmarks such as St. Florian Church and the whimsical Hamtramck Disneyland showcase the city?s heritage and outsider art spirit. Signature events like the Hamtramck Labor Day Festival and Paczki Day celebrations pack Joseph Campau Avenue with live music, dancing, and local vendors.

Living & Neighborhoods

Residents tout affordable housing, dense neighborhoods, and friendly porches that make community connections effortless. Small businesses thrive along Joseph Campau and Conant, where boutiques, cafes, and markets reflect Hamtramck?s international character.

Getting Around & Things to Do

Centrally located near I?75 and I?94, the city offers easy access to Detroit hotspots while remaining highly walkable and bikeable. Visitors can explore parks, sample global cuisines, catch a live show, and discover why Hamtramck, MI ranks among Michigan?s most distinctive urban destinations.



FAQ – Home Values in Hamtramck

What is the median home value in Hamtramck in 2026?

In 2026, the typical home value in Hamtramck is about $124,500 for an average home size of 1283 square feet. This corresponds to an average price of roughly $98 per square foot.

What is the average cost per square foot in Hamtramck?

In 2026, homes in Hamtramck sell for an average of around $98 per square foot, with a typical range between $98 and $98 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 Hamtramck is about 1283 square feet, with an estimated 2026 value around $124,500.



Locations close to Hamtramck, MI

Detroit, MI11 $ / ft²
River Rouge, MI71 $ / ft²
Ferndale, MI207 $ / ft²
Highland Park, MI95 $ / ft²
Detroit, MI348 $ / ft²
Ypsilanti, MI155 $ / ft²
  imprint  Privacy