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ALLEN PARK, MI 48101

Real Estate Market Report  ·  Wayne County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
52
⇩ 7.1% vs 56 last year
Pending
23
44% pending ratio
Median Price
$229,000
⇧ 5.9% vs $216,175 last year
Average Price
$214,229
⇩ 6.4% vs $228,857 last year
Days on Market
49
⇧ 2.1% vs 48 days last year

Market Context

Population: 28,395  ·  Density: 1,556.4/mi²  ·  Median household income: $73,792

Typical home value: $165,746  ·  Homeownership: 86.2%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The ALLEN PARK, MI real estate market (48101) currently shows 52 active listings, with 23 pending sales. Homes are averaging 49 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 49 days on market compared to 48 days last year.

The median listing price has risen 5.9% year-over-year, from $216,175 to $229,000.

Whether you are buying or selling in ALLEN PARK, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 52 this year vs 56 last year
  • Days on market: 49 now vs 48 last year

Median & Average Pricing

Year over Year
  • Median: $229,000 (+5.9% YoY)
  • Average: $214,229 (-6.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.6 miles — 811 listings ($138,266,589 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48101Allen Park, MI 481010.0 mi52$11,139,908$229,000$214,229
48122Melvindale, MI 481222.2 mi24$3,918,600$159,950$163,275
48217Detroit, MI 482173.2 mi12$1,092,000$80,000$91,000
48229Ecorse, MI 482293.7 mi37$3,828,538$99,900$103,474
48180Taylor, MI 481803.8 mi145$29,648,585$173,450$204,473
48218River Rouge, MI 482184.2 mi43$4,367,596$97,450$101,572
48128Dearborn, MI 481284.9 mi24$9,344,640$349,350$389,360
48209Detroit, MI 482095.7 mi22$4,515,060$195,000$205,230
48193Riverview, MI 481936.0 mi23$5,923,351$243,999$257,537
48228Detroit, MI 482286.6 mi270$25,375,950$85,000$93,985
48135Garden City, MI 481358.0 mi56$13,021,176$221,200$232,521
48216Detroit, MI 482168.1 mi20$5,989,000$259,000$299,450
48183Trenton, MI 481838.6 mi83$20,102,185$230,000$242,195

Frequently Asked Questions

How many homes are for sale in ALLEN PARK, MI 48101?

As of January 2026, there are 52 active listings in ALLEN PARK, MI (zip code 48101), compared to 56 the prior year.

What is the median home price in ALLEN PARK, MI 48101?

The median listing price in ALLEN PARK, MI 48101 is $229,000 as of January 2026, a 5.9% increase from $216,175 the prior year.

How long do homes stay on the market in ALLEN PARK, MI?

Homes in ALLEN PARK, MI 48101 spend an average of 49 days on the market before going under contract, compared to 48 days the prior year.

Is it a seller's or buyer's market in ALLEN PARK, MI 48101?

Based on current inventory and days-on-market data as of January 2026, ALLEN PARK, MI 48101 is currently a Balanced Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 49 days on market compared to 48 days last year.

How much can I save on real estate commission in ALLEN PARK, MI?

With SELL123.com's maximum 3% commission, sellers in ALLEN PARK, MI 48101 save an estimated $4,580 compared to a typical 5% commission on the median listing price of $229,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.