Cheap Homes in Hazel Park, MI

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Top Reasons To Live In Hazel Park, MI In 2024

Hazel Park is located in Oakland, Michigan, with an estimated municipal population of 16,347 residents. All of the best foreclosed homes for sale in Hazel Park are located in the following zip code areas on 48030. The estimated population per square kilometer (.62 miles) in Hazel Park is 2,239.

Cost Of Living In Hazel Park, MI

So, about how much do homes cost in Hazel Park? The most recent median value of resident-owned homes in Hazel Park is 73,163. An estimated 49.5 percent of households in Hazel Park own their homes, with an average family size of 3.12. The median household income in Hazel Park is 38,903, with9.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Hazel Park, the median commute time of resident workers (in minutes) is 21.9. And last, but certainly not least, are you looking for homes to rent in Hazel Park? If so, the average rent price paid by renters in Hazel Park is 978, according to recent statistics.

Diversity And Demographics In Hazel Park, Michigan

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Hazel Park, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Hazel Park is 36.8, split between 52 percent male versus 48 female. The percentage of residents who report being married in Hazel Park is 31.6, with an average family size of 3.12.

The percentage of residents who report their race in Hazel Park is as follows:

White 78.8%
Black / African American 13.3%
Asian 1.4%
American Indian / Alaskan Native 0.4%
Native Hawaiian / Other Pacifc Islander 0.1%
Multi-racial 5.2%
Other 0.8%

Looking for family-friendly neighborhoods in and/or near Hazel Park? Or maybe you are searching for 55+ active adult communities in and/or near Hazel Park?

The percentage of residents who report their age in Hazel Park is as follows:

Under 10 10.1%
Aged 10-19 12.5%
20s 16.3%
30s 15.1%
40s 12.3%
50s 15.5%
60s 9.9%
70s 5.3%
80+ 3.2%

Best Schools In Hazel Park, Michigan

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Hazel Park with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Hazel Park.

Pros And Cons Of Living In Hazel Park, Michigan

How do you know that living in -- or moving to -- Hazel Park is right where you need to be? Perhaps you grew up in Hazel Park or already live nearby; therefore, the decision to buy a home in Hazel Park is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Hazel Park for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Hazel Park:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Hazel Park.

Reasons To Move To Hazel Park, Michigan, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Hazel Park can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Hazel Park, meanwhile, can field multiple offers from more qualified buyers.

Cheap Homes in Hazel Park, MI


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