Welcome to Allen Park, a vibrant city located in Wayne County, Michigan, and part of the Detroit metropolitan area. With a population of approximately 27,500 to 28,000 residents as of 2023, Allen Park provides a welcoming suburban atmosphere that is both affordable and family-friendly. The city boasts a diverse demographic, with a majority of residents identifying as White, alongside Hispanic/Latino, Black, Asian, and multiracial populations. The median age of the community is in the low 40s, contributing to a balanced mix of families, young professionals, and retirees.
When it comes to housing, Allen Park stands out as a comparatively affordable option among its suburban neighbors. Recent data indicates that typical home values hover around $212,650, with a notable year-over-year increase of about 3.0%. The median sold price for homes in the area ranges from $220,000 to $230,000, reflecting a strong market where properties often go pending within just six days. Buyers are attracted to the quick sales and desirable neighborhoods, which makes Allen Park an appealing choice for homeownership.
In addition to its affordable housing, Allen Park offers a dynamic real estate market characterized as a seller's market, where demand continues to outstrip supply. Listing prices vary, with properties generally priced between $150 to $180 per square foot, depending on various factors like size and condition. This competitive environment is driving interest and investment in the area, making it an exciting time to consider moving to or investing in Allen Park.