Hazel Park Home Values Up 13.9%


AMAZING NEWS!! HAZEL PARK HOME VALUES RISE DRAMATICALLY!!
According to real estate website Zillow, Hazel Park’s property values rose 13.9% between August 2014 to August 2015, with another increase expected over the course of the next year. As shown below, this increase is the largest among our neighboring communities.

• Hazel Park ↑ 13.9%
• Pleasant Ridge ↑ 12.1%
• Madison Heights ↑ 9.4%
• Oak Park ↑ 8.9%
• Warren ↑ 8.3%
• Ferndale ↑ 6.9%
• Huntington Woods ↑ 6.3%
• Berkley ↑ 5.8%

Zillow rates our market values as “very healthy.” Looking back a little further, they also reveal our increase from November 2013 to October 2015 at 18.5%. That is real progress for the Oakland County city hit hardest by the great recession!