Ranch Homes for Sale in Lafayette Park, Detroit, MI

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Lafayette Park, MI Housing Market Overview

Lafayette Park in Detroit is a buyer's market right now. Homes are selling for 92.83% of asking price and taking an average of 128 days to sell, giving you more time to compare your options, negotiate a better deal, and buy with confidence.

Status

Balanced Market

Days on Market

128

Inventory

18

Sep 2021Feb 2024Feb 2026

Median Home Price

$98,000Down 0.03%

In Feb 2026 · YoY

Sep 2021Feb 2024Feb 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
18 Down 0.36%
Newly Listed Homes
13 Down 0.07%
Months of Supply
1.3 Down 0.00%

Housing Demand

Homes Sold
14 Down 0.00%
Sale-to-List Ratio
92.8% Down 3.45%
Homes Sold Above List
7.1% Down 12.86%

30-yr fixed rate 6.23% · Data as of Feb 2026 · Source: Houzeo Research.

View Full Lafayette Park Market Report

Lafayette Park Ranks #7 in Detroit, MI

Homes for sale
36

Homes

Rental prices
$1,240

Rental Prices

Median Home Price
$98K

Median Home Price

Lafayette Park, Detroit, MI neighborhood guide
  • mls-imgIDX Logo
    Based on information from the Board/Association of REALTORS® (alternatively, from the Realcomp II Ltd. MLS) through Oct 9, 2026, 8:45 AM. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. IDX provided courtesy of Realcomp II Ltd. via Andover Real Estate & Houzeo, Copyright 2026 Realcomp II Ltd. Shareholders Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listing Information presented by local MLS brokerage: Andover Real Estate, local REALTOR®- Scott Rubin - (248)206-3666 . Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. ​© 2024 Realcomp II Ltd. MLS. All Rights Reserved.
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Lafayette Park, Detroit, MI Housing Marketlink qauare
Homes Available icon

4

Homes Available

Median List Price icon

$ 98,000

Median List Price

Avg on Market icon

128 Days

Avg on Market

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