1054 E Troy St · Ferndale, MI 48220

$169,900

3 bd · 1.0 ba · 854 sqft · SingleFamily public records · 312 Days on market

Built 1928 3,920 sqft lot Est $202k · 16% under

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Why this score? — see what drove the D+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +14.6/15.0
• Cash flow +12.6/30.0
• 1% rule +5.3/10.0
• Livability +4.5/5.0
• Rent growth +4.1/5.0
• DSCR +3.8/10.0
• Condition / age +2.5/5.0
• Schools +1.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

EXTREMELY CHARMING BUNGALOW!! FANTASTIC Fully Updated Home w/ 3 Bedrooms, 1-1/2 Full Baths, Spacious Living Room w/ Carpeting. Brand New Kitchen w/ Cabinets, SS Sink, New Faucet, Electric Range & Refrigerator, Ceramic Backsplash & Luxury Vinyl Flooring. New Carpet in Living Room, Dining Room all Bedrooms & Hallway. New Blinds, New Light Fixtures, New Bathroom Vanities & Freshly Painted. Detached 1-1/2 Car Garage & Fenced Back Yard PERFECT for Relaxing. Conveniently Located Near Woodward, I-696 & I-75, Parks, Restaurants & Shopping. (Property Taxes are Non-Homesteaded & will be Lower for Owner Occupant).

Key facts

• Fenced back yard
• Brand new kitchen
• Updated home

Tags

• UPDATED HOME
• BRAND NEW KITCHEN
• CERAMIC BACKSPLASH
• LUXURY VINYL FLOORING
• FENCED BACK YARD
• CONVENIENTLY LOCATED

Property features AI

Finance

• Other: Pets allowed (cats and dogs permitted)

Exterior

• Parking: Detached garage facing the front; Approximately 1.5 garage spaces
• Utilities: Public sewer; Other water source
• Home design: Single‑family residence; One and one‑half stories; Ground‑level entry with steps; Aluminum siding
• Construction: Asphalt roof; Block foundation; Built with aluminum siding
• Exterior features: Covered porch; Back yard fencing; Paved road access

Interior

• Kitchen: Free‑standing electric oven; Free‑standing refrigerator
• Bedrooms: Total of 7 rooms (includes bedrooms and living spaces)
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Forced air heating; Natural gas heating; No central air
• Interior features: Gas water heater; Full unfinished basement
• Laundry & utility: Washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $170k.

Deal economics

• At list price, monthly cash flow is $-21 ($-254/yr) — negative.
• To cash-flow at today's rent, offer at most $166k (2.2% below list).
• Meets the 1% rule at list price ($2k rent vs $170k).
• Recommended offer: $150k (12.0% below list) — sets the bar for market timing.
• Cap rate 6.1% vs local median 4.5% in Ferndale — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 90/100 on livability (#8 in MI, #103 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, employment A+; Watch: schools D+.
• Hazel Park School District (suburban): math 10% / reading 24% proficiency, ranked #490 of 540 in MI (top 91%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 70% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+6.2%/yr); 180 active listings in the ZIP; 36 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 2,614 units permitted in Oakland County in 2024 (721 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Oakland County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 312 days — a 12% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 23y ago; this cycle's ask has dropped $25k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $123k; 38% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: property tax is 3.2% of price; built in 1928 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $149,512 (12.0% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 312 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
3. Built in 1928 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
9. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
10. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
11. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.03% ✓
• Cap rate: 6.14%
• Cash-on-cash: -0.53%
• DSCR: 0.98
• GRM: 8.1

CMA / ARV

• ARV (on-the-fly): $201,544
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1939 Bonner St	0.15mi	2/1.0 (-1)	833 (-2%)	0mo	$219,000	$263	83
1220 Orchard St	0.30mi	3/1.0	928 (+9%)	0mo	$269,900	$291	71
2411 Harris St	0.43mi	2/1.0 (-1)	814 (-5%)	1mo	$150,000	$184	66
1900 College St	0.53mi	2/1.0 (-1)	830 (-3%)	1mo	$215,000	$259	65
23067 Stauber Ave	0.53mi	2/1.0 (-1)	835 (-2%)	3mo	$139,000	$166	64
326 E Cambourne St	0.64mi	2/1.0 (-1)	849 (-1%)	1mo	$257,000	$303	63
2040 Symes St	0.31mi	2/1.0 (-1)	755 (-12%)	1mo	$172,500	$228	60
1939 Almont St	0.44mi	2/1.0 (-1)	765 (-10%)	3mo	$180,500	$236	55
1600 Woodward Hts	0.57mi	3/1.0	750 (-12%)	3mo	$110,000	$147	50
2105 Manatee Ave	0.58mi	3/1.0	961 (+12%)	3mo	$200,000	$208	50
2171 Chestnut St	0.61mi	3/1.0	967 (+13%)	2mo	$240,000	$248	48
1449 Jewell St	0.73mi	2/1.0 (-1)	731 (-14%)	1mo	$168,000	$230	36

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 6.24% rent growth · sell at horizon

5-year hold

• IRR: -12.8%
• Equity multiple: 0.52×
• Total profit: $-22,797
• Equity at exit: $25,333

10-year hold

• IRR: 1.3%
• Equity multiple: 1.11×
• Total profit: $5,031
• Equity at exit: $14,690

Cash invested: $47,572 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Michigan: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

Methodology + full state rankings →

ZIP-level market 48220

• Rents YoY: 6.2%
• Active inventory: 180
• Price-to-rent: 8.1×

Monthly cashflow live

• Estimated rent: $1,756 high
• Mortgage (P&I): −$891
• Tax from tax record: −$447 /mo · $5,360/yr
• Insurance: −$71
• HOA: −$0
• Vacancy / Maint / Mgmt: −$369
• Net cashflow: $-21

Break-even live

Break-even rent $1,783

Max offer price $166,164

Occupancy floor 96%

Sensitivity live

Price	-10% $75	-5% $27	+0% $-21	+5% $-69	+10% $-117
Rent	-10% $-160	-5% $-91	+0% $-21	+5% $48	+10% $118
Rate	-1.0pp $64	-0.5pp $22	base $-21	+0.5pp $-65	+1.0pp $-110

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $42,475
• Closing costs: $5,097
• Reserves months: —
• Total cash needed: —

Rent comps 36 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
552 E Saratoga St Unit Upper Unit Ferndale, MI	2.0	1.0	700	$1,300	$1.86	25d	1	0.35mi
2033 Wrenson St Ferndale, MI	3.0	1.0	816	$1,675	$2.05	0d	1	0.38mi
425 Vester St Unit A Ferndale, MI	2.0	1.0	525	$1,349	$2.57	6d	1	0.41mi
501 E Breckenridge St Ferndale, MI	3.0	1.0	946	$1,800	$1.90	25d	1	0.47mi
2023 Ardmore Dr Ferndale, MI	2.0	1.0	771	$1,250	$1.62	25d	1	0.48mi
453 E Cambourne St Unit 1 Ferndale, MI	2.0	1.0	1000	$2,500	$2.50	4d	1	0.55mi
455 E Cambourne St Unit 2 Ferndale, MI	2.0	1.0	900	$2,400	$2.67	4d	1	0.55mi
400 E Cambourne St Unit 1 Ferndale, MI	2.0	1.0	1000	$1,400	$1.40	12d	1	0.60mi
790 Jewell St Ferndale, MI	2.0	1.0	800	$1,445	$1.81	25d	1	0.64mi
266 W Goulson Ave Hazel Park, MI	3.0	1.0	942	$1,600	$1.70	23d	1	0.66mi
22111 Woodward Ave Ferndale, MI	2.0	1.0	816	$3,355	$4.11	17d	1	0.70mi
1800 Browning St Ferndale, MI	2.0	1.0	809	$1,600	$1.98	6d	1	0.72mi
2215 Browning St Ferndale, MI	2.0	1.0	739	$1,350	$1.83	5d	1	0.80mi
224 Fielding St Ferndale, MI	2.0	1.0	1000	$1,800	$1.80	25d	1	0.83mi
226 Fielding St Ferndale, MI	2.0	1.0	1000	$1,500	$1.50	25d	1	0.83mi
1561 E Webster St Ferndale, MI	2.0	1.0	939	$1,600	$1.70	25d	1	0.83mi
90 W Meyers Ave Hazel Park, MI	2.0	1.0	831	$1,800	$2.17	25d	1	0.84mi
901 Saint Louis St Unit 901-02 Ferndale, MI	2.0	1.0	800	$1,395	$1.74	25d	1	0.84mi
901 Saint Louis St Ferndale, MI	2.0	1.0	800	$1,395	$1.74	44d	1	0.84mi
353 W Webster St Ferndale, MI	2.0	1.0	900	$1,525	$1.69	17d	1	0.96mi
2181 Coy St Ferndale, MI	3.0	1.0	1050	$1,995	$1.90	12d	1	0.96mi
430 W 9 Mile Rd Ferndale, MI	1.0–2.0	2.0	826	$2,827	$3.42	0d	2	1.01mi
155 W George Ave Hazel Park, MI	2.0	1.0	725	$1,000	$1.38	25d	1	1.08mi
851 Gardendale St Ferndale, MI	2.0	1.0	933	$1,625	$1.74	25d	1	1.11mi
23115 Tawas Ave Hazel Park, MI	2.0	1.0	706	$1,375	$1.95	25d	1	1.14mi
23345 Tawas Ave Hazel Park, MI	3.0	1.0	1000	$1,550	$1.55	12d	1	1.16mi
23773 Hazelwood Ave Hazel Park, MI	2.0	1.0	671	$1,400	$2.09	13d	1	1.18mi
1816 Guthrie Ave Royal Oak, MI	3.0	1.0	1100	$1,800	$1.64	6d	1	1.18mi
429 E Milton Ave Hazel Park, MI	3.0	2.0	1075	$1,595	$1.48	0d	1	1.20mi
407 E Hayes Ave Hazel Park, MI	3.0	1.0	1000	$1,750	$1.75	25d	1	1.22mi
695 Livernois St Unit 2 Ferndale, MI	2.0	1.0	950	$2,350	$2.47	5d	1	1.30mi
20643 Stratford Rd Unit 1 Detroit, MI	2.0	1.5	1000	$1,250	$1.25	44d	1	1.30mi
510 Stratford Rd Ferndale, MI	2.0	1.0	965	$1,750	$1.81	44d	1	1.41mi
578 Kensington Ave Ferndale, MI	2.0	1.0	860	$1,600	$1.86	6d	1	1.43mi
1045 E Woodward Heights Blvd Hazel Park, MI	1.0–2.0	1.0	715	$1,209	$1.69	25d	3	1.43mi
1291 W State Fair Ave Detroit, MI	1.0–2.0	1.0	700	$950	$1.36	13d	2	1.45mi

Listing history 30 events

1. 2026-06-21
   days on market $169,900 Active 312 DOM
2. 2026-06-18
   days on market $169,900 Active 309 DOM
3. 2026-06-17
   days on market $169,900 Active 308 DOM
4. 2026-06-16
   days on market $169,900 Active 307 DOM
5. 2026-06-15
   days on market $169,900 Active 306 DOM
6. 2026-06-13
   days on market $169,900 Active 304 DOM
7. 2026-06-13
   days on market $169,900 Active 303 DOM
8. 2026-06-09
   days on market $169,900 Active 300 DOM
9. 2026-06-08
   days on market $169,900 Active 299 DOM
10. 2026-06-07
    days on market $169,900 Active 298 DOM
11. 2026-06-04
    days on market $169,900 Active 295 DOM
12. 2026-06-03
    days on market $169,900 Active 294 DOM
13. 2026-06-02
    days on market $169,900 Active 293 DOM
14. 2026-06-01
    days on market $169,900 Active 292 DOM
15. 2026-05-31
    days on market $169,900 Active 291 DOM
16. 2026-02-09
    price $169,900 658-char remark

    Show marketing remark (658 chars)

    EXTREMELY CHARMING BUNGALOW!! FANTASTIC Fully Updated Home w/ 3 Bedrooms, 1-1/2 Full Baths, Spacious Living Room w/ Carpeting. Brand New Kitchen w/ Cabinets, SS Sink, New Faucet, Electric Range & Refrigerator, Ceramic Backsplash & Luxury Vinyl Flooring. New Carpet in Living Room, Dining Room all Bedrooms & Hallway. New Blinds, New Light Fixtures, New Bathroom Vanities & Freshly Painted. Detached 1-1/2 Car Garage & Fenced Back Yard PERFECT for Relaxing. Conveniently Located Near Woodward, I-696 & I-75, Parks, Restaurants & Shopping. (Property Taxes are Non-Homesteaded & will be Lower for Owner Occupant).

17. 2026-02-08
    price $169,900
18. 2025-11-15
    price $179,000 658-char remark

    Show marketing remark (658 chars)

    EXTREMELY CHARMING BUNGALOW!! FANTASTIC Fully Updated Home w/ 3 Bedrooms, 1-1/2 Full Baths, Spacious Living Room w/ Carpeting. Brand New Kitchen w/ Cabinets, SS Sink, New Faucet, Electric Range & Refrigerator, Ceramic Backsplash & Luxury Vinyl Flooring. New Carpet in Living Room, Dining Room all Bedrooms & Hallway. New Blinds, New Light Fixtures, New Bathroom Vanities & Freshly Painted. Detached 1-1/2 Car Garage & Fenced Back Yard PERFECT for Relaxing. Conveniently Located Near Woodward, I-696 & I-75, Parks, Restaurants & Shopping. (Property Taxes are Non-Homesteaded & will be Lower for Owner Occupant).

19. 2025-11-14
    price $179,000
20. 2025-11-03
    price $185,000 658-char remark

    Show marketing remark (658 chars)

    EXTREMELY CHARMING BUNGALOW!! FANTASTIC Fully Updated Home w/ 3 Bedrooms, 1-1/2 Full Baths, Spacious Living Room w/ Carpeting. Brand New Kitchen w/ Cabinets, SS Sink, New Faucet, Electric Range & Refrigerator, Ceramic Backsplash & Luxury Vinyl Flooring. New Carpet in Living Room, Dining Room all Bedrooms & Hallway. New Blinds, New Light Fixtures, New Bathroom Vanities & Freshly Painted. Detached 1-1/2 Car Garage & Fenced Back Yard PERFECT for Relaxing. Conveniently Located Near Woodward, I-696 & I-75, Parks, Restaurants & Shopping. (Property Taxes are Non-Homesteaded & will be Lower for Owner Occupant).

21. 2025-11-03
    price $185,000

    Show marketing remark (658 chars)

    EXTREMELY CHARMING BUNGALOW!! FANTASTIC Fully Updated Home w/ 3 Bedrooms, 1-1/2 Full Baths, Spacious Living Room w/ Carpeting. Brand New Kitchen w/ Cabinets, SS Sink, New Faucet, Electric Range & Refrigerator, Ceramic Backsplash & Luxury Vinyl Flooring. New Carpet in Living Room, Dining Room all Bedrooms & Hallway. New Blinds, New Light Fixtures, New Bathroom Vanities & Freshly Painted. Detached 1-1/2 Car Garage & Fenced Back Yard PERFECT for Relaxing. Conveniently Located Near Woodward, I-696 & I-75, Parks, Restaurants & Shopping. (Property Taxes are Non-Homesteaded & will be Lower for Owner Occupant).

22. 2025-08-13
    listed $195,000 Active 658-char remark

    Show marketing remark (658 chars)

    EXTREMELY CHARMING BUNGALOW!! FANTASTIC Fully Updated Home w/ 3 Bedrooms, 1-1/2 Full Baths, Spacious Living Room w/ Carpeting. Brand New Kitchen w/ Cabinets, SS Sink, New Faucet, Electric Range & Refrigerator, Ceramic Backsplash & Luxury Vinyl Flooring. New Carpet in Living Room, Dining Room all Bedrooms & Hallway. New Blinds, New Light Fixtures, New Bathroom Vanities & Freshly Painted. Detached 1-1/2 Car Garage & Fenced Back Yard PERFECT for Relaxing. Conveniently Located Near Woodward, I-696 & I-75, Parks, Restaurants & Shopping. (Property Taxes are Non-Homesteaded & will be Lower for Owner Occupant).

23. 2025-08-13
    listed $195,000 Active

    Show marketing remark (658 chars)

    EXTREMELY CHARMING BUNGALOW!! FANTASTIC Fully Updated Home w/ 3 Bedrooms, 1-1/2 Full Baths, Spacious Living Room w/ Carpeting. Brand New Kitchen w/ Cabinets, SS Sink, New Faucet, Electric Range & Refrigerator, Ceramic Backsplash & Luxury Vinyl Flooring. New Carpet in Living Room, Dining Room all Bedrooms & Hallway. New Blinds, New Light Fixtures, New Bathroom Vanities & Freshly Painted. Detached 1-1/2 Car Garage & Fenced Back Yard PERFECT for Relaxing. Conveniently Located Near Woodward, I-696 & I-75, Parks, Restaurants & Shopping. (Property Taxes are Non-Homesteaded & will be Lower for Owner Occupant).

24. 2004-01-16
    soldstatus $123,000
25. 2003-10-28
    soldstatus $123,000
26. 2003-06-12
    listed $124,900
27. 2001-07-31
    soldstatus $60,000
28. 1991-07-17
    soldstatus $21,000
29. 1981-02-01
    soldstatus $21,000
30. 1973-01-01
    soldstatus $14,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MI · Partial reset (capped growth)

• Current annual tax: $5,360 · $447/mo
• Projected year-2 tax: $5,360 · $447/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 3/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥97°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,072
• − Mortgage interest: −$9,517
• − Property taxes: −$5,360
• − Insurance: −$850
• − Repairs & maintenance: −$1,686
• − Management: −$1,686
• − Depreciation: −$4,943
• Taxable loss: −$2,968
• Est. tax savings @ 24.0%: +$712
• After-tax cash flow: $459/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Hazel Park School District
• NCES district ID: 2618030
• Math proficiency: 10% ▼ -2.00%
• Reading proficiency: 24% ▲ 1.00%
• Median HH income: $36,181
• Composite: 14.05/100
• National rank: #9466
• State rank: #490 of 540 in MI

Livability — Ferndale

• Score: 90/100
• State rank: #8
• US rank: #103

Category grades

Amenities A+ Commute A+ Cost of living A+ Crime B Employment A+ Housing A+ Health & safety B- User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Ferndale, MI
• County: Oakland County · 1,009,092 people
• City population: 21,527
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 21,527
• Household income: $89,881
• Rent vs Own: 36.3% rent · 63.7% own
• Severe rent burden: 670.0

Population outlook (Oakland County) Hauer SSP2

• Today (2025): 1,335,747 people
• By 2030: 1,375,100 · +2.9%
• By 2040: 1,435,385 · +7.5%
• By 2050: 1,469,250 · +10.0%
• By 2075: 1,531,946 · +14.7%
• By 2100: 1,450,485 · +8.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (72%)
• Race & ethnicity: White 72% Black 15% Two or more races 6% Hispanic / Latino 5% Asian 3%
• Common ancestry: Romanian 11% Lithuanian 6% Slovak 3%
• Foreign-born: 4% · Canada, South Korea
• Languages at home: 95% English-only · Spanish 2% Other Indo-European 1% German/W. Germanic 1%

Political lean MEDSL · Oakland

• 2024 margin: D (+10.6) · D 54.4% · R 43.8% · Other 1.9%
• 2008→2024 swing: -3.9pp toward R · 2008: 14.5pp · 2024: 10.6pp
• All cycles: 2024: D+10.6 2020: D+14.1 2016: D+8.1 2012: D+8.1 2008: D+14.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -394.92%
• Current HPI: 273.0986
• Rent YoY: ▲ 6.24%
• Metro: Detroit-Warren-Dearborn, MI
• State GDP YoY: ▲ 1.37%
• F500 in state: 28

Industry mix (Fortune 500 HQ in MI)

Industry	F500 HQs	Revenue
▸Automotive Parts	3	$48B
▸Automotive	2	$372B
▸Chemicals	1	$45B
▸Automotive Retail	1	$29B
▸Healthcare / Medical Devices	1	$23B
▸Automotive Technology	1	$20B

Price history

+1071.7% since first listed

15 events — show timeline

• 2026-02-09 Price Changed $169,900 MiRealSource-MiMLS
• 2026-02-08 Price Changed $169,900 REALCOMP
• 2025-11-15 Price Changed $179,000 MiRealSource-MiMLS
• 2025-11-14 Price Changed $179,000 REALCOMP
• 2025-11-03 Price Changed $185,000 MiRealSource-MiMLS
• 2025-11-03 Price Changed $185,000 REALCOMP
• 2025-08-13 Listed $195,000 REALCOMP
• 2025-08-13 Listed $195,000 MiRealSource-MiMLS
• 2004-01-16 Sold (Public Records) $123,000 Public Records
• 2003-10-28 Sold (MLS) $123,000 REALCOMP
• 2003-06-12 Listed $124,900 REALCOMP
• 2001-07-31 Sold (Public Records) $60,000 Public Records
• 1991-07-17 Sold (Public Records) $21,000 Public Records
• 1981-02-01 Sold (Public Records) $21,000 Public Records
• 1973-01-01 Sold (Public Records) $14,500 Public Records

Property tax history

+11.1%/yr

Latest (2025): $5,360 · +14.5% YoY. Source: county tax records.