27377 Palmer Blvd · Madison Heights, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 2/10 · Minimal
- Hot days now (above 98°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 3 days/yr
- Unhealthy air days in 30 yrs
- 5 days/yr
Risk factors via First Street. Map © Google.
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).
- Cash flow +15.6/30.0
- ARV discount +7.6/15.0
- DSCR +4.8/10.0
- 1% rule +4.2/10.0
- Livability +4.0/5.0
- Rent growth +3.2/5.0
- Condition / age +2.5/5.0
- Schools +1.3/10.0
- Appreciation +0.0/10.0
$189,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Very Nice 3 Bedroom, 1 Bath Bungalow, Loads of features, quiet dead end road. Just blocks from downtown Royal Oak. Updated kitchen. Updates in the past 10 years Electrical( 24) Central Air(24) furnace, Roof and shed. Nice covered patio overlooks good sized fenced backyard. This home shows well and makes for a prime opportunity. Better than rent.
Key facts
- 5,227 sq ft lot
- Built 1955
- Listed 7 days
Property features AI
Finance
- Other: Lot dimensions approximately 40 x 135 (0.12 acres); No pool
- Financial info: Financial details not provided
- HOA & community: HOA information not provided
Exterior
- Parking: Driveway; no garage
- Security: Security features not specified
- Utilities: Public water; Public sewer; Electric service with circuit breakers
- Home design: Single-family residence; One and one half stories; Ground-level entry with steps; Vinyl siding
- Construction: Asphalt roof; Vinyl siding construction
- Exterior features: Covered patio and porch; Patio; Porch; Paved road access; Pets allowed
Interior
- Kitchen: Appliances not specified
- Bedrooms: Bedrooms not specified
- Flooring: Flooring not specified
- Bathrooms: 1 full bathroom
- Heating & cooling: Forced air heating (natural gas); Central air conditioning
- Interior features: Gas water heater; Crawl space basement; 6 total rooms
- Laundry & utility: Dedicated laundry room
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $190k.
Deal economics
- At list price, monthly cash flow is $80 ($959/yr) — positive.
- The deal already cash-flows at list — no discount required.
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $176k (7.6% below list).
- Recommended offer: $176k (7.6% below list) — sets the bar for 1% rule.
Location & tenants
- Location reads 81/100 on livability (#62 in MI, #1,347 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: health & safety D.
- Madison District Public Schools (suburban): math 9% / reading 21% proficiency, ranked #502 of 540 in MI (top 93%) — 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.
- Zoned schools: Madison Elementary School (math 12% / reading 17%, grade F, #1,185 of 1,397 statewide, top 86%, 337 students, 79% FRL); Wilkinson Middle School (math 8% / reading 17%, grade F, #466 of 493 statewide, top 95%, 189 students, 80% FRL); Madison High School (math 5% / reading 34%, grade F, #611 of 713 statewide, top 87%, 269 students, 78% FRL).
- Market conditions: Rents rising (+2.8%/yr); 141 active listings in the ZIP; 19 comparable units currently listed for rent nearby; rentals leasing fast (median 7d on market — plan ~1-2 weeks tenant-placement turnaround); 2,614 units permitted in Oakland County in 2024 (721 in 5+ unit buildings).
- This rent runs 30% of the median local income ($70k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k 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
- Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
- 10 sale attempts since 21y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
- Current owner paid $130k; 46% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 0.92% ✗
- Cap rate
- 6.80%
- Cash-on-cash
- 1.80%
- DSCR
- 1.08
- GRM
- 9.0
CMA / ARV
- ARV (on-the-fly)
- $190,190
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 27377 Palmer Blvd | 0.00mi | 3/1.0 | 910 (0%) | 1mo | $189,900 | $209 | 99 |
| 27709 Dartmouth St | 0.19mi | 3/1.0 | 905 (-0%) | 2mo | $225,000 | $249 | 89 |
| 27359 Brettonwoods St | 0.18mi | 3/1.0 | 1,004 (+10%) | 0mo | $190,000 | $189 | 74 |
| 318 Royal Park Ln | 0.07mi | 3/1.0 | 1,026 (+13%) | 2mo | $161,000 | $157 | 74 |
| 27042 Brettonwoods St | 0.23mi | 3/1.0 | 1,011 (+11%) | 0mo | $196,000 | $194 | 70 |
| 27096 Hampden St | 0.24mi | 2/1.0 (-1) | 840 (-8%) | 1mo | $150,000 | $179 | 70 |
| 26707 Alger Blvd | 0.35mi | 3/1.0 | 1,000 (+10%) | 2mo | $230,000 | $230 | 65 |
| 26536 Dartmouth St | 0.45mi | 2/1.0 (-1) | 854 (-6%) | 0mo | $138,900 | $163 | 64 |
| 415 N Stephenson Hwy | 0.44mi | 3/1.5 | 978 (+8%) | 3mo | $225,000 | $230 | 63 |
| 27304 Delton St | 0.39mi | 2/1.0 (-1) | 800 (-12%) | 0mo | $190,000 | $238 | 56 |
| 26721 Barrington St | 0.34mi | 2/1.0 (-1) | 775 (-15%) | 2mo | $136,000 | $175 | 53 |
| 2304 E 4th St | 0.62mi | 3/1.0 | 1,042 (+14%) | 1mo | $335,000 | $321 | 46 |
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 · 2.81% rent growth · sell at horizon
- IRR
- -13.6%
- Equity multiple
- 0.51×
- Total profit
- $-25,995
- Equity at exit
- $28,315
- IRR
- -5.0%
- Equity multiple
- 0.67×
- Total profit
- $-17,359
- Equity at exit
- $16,419
Cash invested: $53,172 (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
ZIP-level market 48071
- Rents YoY
- 2.8%
- Active inventory
- 141
- Price-to-rent
- 9.0×
Monthly cashflow live
- Estimated rent
- $1,755 high interval (Pro) →
- Mortgage (P&I)
- −$996
- Tax from tax record
- −$232 /mo · $2,781/yr
- Insurance
- −$79
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$369
- Net cashflow
- $80
Break-even live
Sensitivity live
| Price | -10% $187 | -5% $134 | +0% $80 | +5% $26 | +10% $-28 |
|---|---|---|---|---|---|
| Rent | -10% $-59 | -5% $11 | +0% $80 | +5% $149 | +10% $219 |
| Rate | -1.0pp $176 | -0.5pp $128 | base $80 | +0.5pp $31 | +1.0pp $-19 |
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
- $47,475
- Closing costs
- $5,697
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 19 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 27865 Brettonwoods St Madison Heights, MI | 3.0 | 2.0 | 964 | $2,000 | $2.07 | 13d | 1 | 0.32mi |
| 27700 N Stephenson Hwy Madison Heights, MI | 1.0–2.0 | 1.0 | 747 | $1,450 | $1.94 | 1d | 8 | 0.40mi |
| 28218 Diesing Dr Madison Heights, MI | 3.0 | 1.5 | 1009 | $1,700 | $1.68 | 45d | 1 | 0.42mi |
| 27392 Osmun St Madison Heights, MI | 2.0 | 1.0 | 696 | $1,250 | $1.80 | 26d | 1 | 0.42mi |
| 1820 Taylor Ave Royal Oak, MI | 2.0 | 1.0 | 832 | $1,700 | $2.04 | 16d | 1 | 0.68mi |
| 1725 Gardenia Ave Royal Oak, MI | 2.0 | 1.0 | 900 | $1,350 | $1.50 | 26d | 1 | 0.81mi |
| 1132 N Campbell Rd Royal Oak, MI | 2.0–3.0 | 1.0–1.5 | 1125 | $2,085 | $1.85 | 1d | 8 | 0.82mi |
| 328 W Kalama Ave Madison Heights, MI | 3.0 | 1.0 | 900 | $1,575 | $1.75 | 7d | 1 | 0.82mi |
| 617 S Edgeworth Ave Royal Oak, MI | 2.0 | 1.0 | 955 | $2,125 | $2.23 | 26d | 1 | 0.83mi |
| 27385 Park Ct Unit 1364147P Madison Heights, MI | 3.0 | 1.0 | 904 | $1,618 | $1.79 | 1d | 1 | 0.88mi |
| 1007 Gardenia Ave Unit 1009 Royal Oak, MI | 2.0 | 1.0 | 1000 | $1,400 | $1.40 | 26d | 1 | 1.24mi |
| 818 Etowah Ave Unit 1032341P Royal Oak, MI | 2.0 | 1.0 | 893 | $6,677 | $7.48 | 0d | 1 | 1.33mi |
| 1816 Guthrie Ave Royal Oak, MI | 3.0 | 1.0 | 1100 | $1,800 | $1.64 | 7d | 1 | 1.34mi |
| 1554 Cynthia Ave Madison Heights, MI | 3.0 | 1.5 | 1021 | $1,950 | $1.91 | 6d | 1 | 1.38mi |
| 14895 Twelve Mile Rd Warren, MI | 1.0–2.0 | 1.0–1.5 | 1025 | $1,560 | $1.52 | 3d | 4 | 1.39mi |
| 916 Cherokee Ave Royal Oak, MI | 2.0 | 1.5 | 944 | $2,250 | $2.38 | 5d | 1 | 1.41mi |
| 27489 Parkview Blvd Warren, MI | 1.0–2.0 | 1.0–1.5 | 850 | $1,465 | $1.72 | 1d | 11 | 1.45mi |
| 2181 Coy St Ferndale, MI | 3.0 | 1.0 | 1050 | $1,995 | $1.90 | 13d | 1 | 1.46mi |
| 609 E Eleven Mile Rd Royal Oak, MI | 1.0–2.0 | 1.0 | 925 | $1,375 | $1.49 | 26d | 1 | 1.48mi |
Listing history 33 events
-
2026-05-01status Pending
Show marketing remark (347 chars)
Very Nice 3 Bedroom, 1 Bath Bungalow, Loads of features, quiet dead end road. Just blocks from downtown Royal Oak. Updated kitchen. Updates in the past 10 years Electrical( 24) Central Air(24) furnace, Roof and shed. Nice covered patio overlooks good sized fenced backyard. This home shows well and makes for a prime opportunity. Better than rent.
-
2026-05-01status Pending 347-char remark
Show marketing remark (347 chars)
Very Nice 3 Bedroom, 1 Bath Bungalow, Loads of features, quiet dead end road. Just blocks from downtown Royal Oak. Updated kitchen. Updates in the past 10 years Electrical( 24) Central Air(24) furnace, Roof and shed. Nice covered patio overlooks good sized fenced backyard. This home shows well and makes for a prime opportunity. Better than rent.
-
2026-04-25$189,900 Active 347-char remark
Show marketing remark (347 chars)
Very Nice 3 Bedroom, 1 Bath Bungalow, Loads of features, quiet dead end road. Just blocks from downtown Royal Oak. Updated kitchen. Updates in the past 10 years Electrical( 24) Central Air(24) furnace, Roof and shed. Nice covered patio overlooks good sized fenced backyard. This home shows well and makes for a prime opportunity. Better than rent.
-
2026-04-25$189,900 Active
Show marketing remark (347 chars)
Very Nice 3 Bedroom, 1 Bath Bungalow, Loads of features, quiet dead end road. Just blocks from downtown Royal Oak. Updated kitchen. Updates in the past 10 years Electrical( 24) Central Air(24) furnace, Roof and shed. Nice covered patio overlooks good sized fenced backyard. This home shows well and makes for a prime opportunity. Better than rent.
-
2026-04-23price $189,900 347-char remark
Show marketing remark (347 chars)
Very Nice 3 Bedroom, 1 Bath Bungalow, Loads of features, quiet dead end road. Just blocks from downtown Royal Oak. Updated kitchen. Updates in the past 10 years Electrical( 24) Central Air(24) furnace, Roof and shed. Nice covered patio overlooks good sized fenced backyard. This home shows well and makes for a prime opportunity. Better than rent.
-
2026-04-22price $189,900
Show marketing remark (347 chars)
Very Nice 3 Bedroom, 1 Bath Bungalow, Loads of features, quiet dead end road. Just blocks from downtown Royal Oak. Updated kitchen. Updates in the past 10 years Electrical( 24) Central Air(24) furnace, Roof and shed. Nice covered patio overlooks good sized fenced backyard. This home shows well and makes for a prime opportunity. Better than rent.
-
2026-04-22historical $184,900 347-char remark
Show marketing remark (347 chars)
Very Nice 3 Bedroom, 1 Bath Bungalow, Loads of features, quiet dead end road. Just blocks from downtown Royal Oak. Updated kitchen. Updates in the past 10 years Electrical( 24) Central Air(24) furnace, Roof and shed. Nice covered patio overlooks good sized fenced backyard. This home shows well and makes for a prime opportunity. Better than rent.
-
2019-07-26soldstatus $130,000
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2019-07-19soldstatus $130,000 Sold 676-char remark
Show marketing remark (676 chars)
PERFECT! That is all you need to say about this charming updated Madison Heights bungalow. Everything in this home has been updated and all that is left to do is move on in! This home features two nice sized bedrooms on the main floor and a third bedroom upstairs. The kitchen and bathroom have been completely updated with brand new counters, cabinetry, and flooring. All original hardwood flooring has been refinished and looks beautiful. Nice size backyard with storage shed and covered patio. New roof in 2014 and furnace replaced in 2016, close to I-75 and 696 as well as just minutes from downtown Royal Oak. Don't miss out on this perfect home! It will not last long!!!
-
2019-07-19soldstatus $130,000 Closed
Show marketing remark (676 chars)
PERFECT! That is all you need to say about this charming updated Madison Heights bungalow. Everything in this home has been updated and all that is left to do is move on in! This home features two nice sized bedrooms on the main floor and a third bedroom upstairs. The kitchen and bathroom have been completely updated with brand new counters, cabinetry, and flooring. All original hardwood flooring has been refinished and looks beautiful. Nice size backyard with storage shed and covered patio. New roof in 2014 and furnace replaced in 2016, close to I-75 and 696 as well as just minutes from downtown Royal Oak. Don't miss out on this perfect home! It will not last long!!!
-
2019-07-16historical 676-char remark
Show marketing remark (676 chars)
PERFECT! That is all you need to say about this charming updated Madison Heights bungalow. Everything in this home has been updated and all that is left to do is move on in! This home features two nice sized bedrooms on the main floor and a third bedroom upstairs. The kitchen and bathroom have been completely updated with brand new counters, cabinetry, and flooring. All original hardwood flooring has been refinished and looks beautiful. Nice size backyard with storage shed and covered patio. New roof in 2014 and furnace replaced in 2016, close to I-75 and 696 as well as just minutes from downtown Royal Oak. Don't miss out on this perfect home! It will not last long!!!
-
2019-06-18status Pending
Show marketing remark (676 chars)
PERFECT! That is all you need to say about this charming updated Madison Heights bungalow. Everything in this home has been updated and all that is left to do is move on in! This home features two nice sized bedrooms on the main floor and a third bedroom upstairs. The kitchen and bathroom have been completely updated with brand new counters, cabinetry, and flooring. All original hardwood flooring has been refinished and looks beautiful. Nice size backyard with storage shed and covered patio. New roof in 2014 and furnace replaced in 2016, close to I-75 and 696 as well as just minutes from downtown Royal Oak. Don't miss out on this perfect home! It will not last long!!!
-
2019-06-18status Pending 676-char remark
Show marketing remark (676 chars)
PERFECT! That is all you need to say about this charming updated Madison Heights bungalow. Everything in this home has been updated and all that is left to do is move on in! This home features two nice sized bedrooms on the main floor and a third bedroom upstairs. The kitchen and bathroom have been completely updated with brand new counters, cabinetry, and flooring. All original hardwood flooring has been refinished and looks beautiful. Nice size backyard with storage shed and covered patio. New roof in 2014 and furnace replaced in 2016, close to I-75 and 696 as well as just minutes from downtown Royal Oak. Don't miss out on this perfect home! It will not last long!!!
-
2019-06-13$124,900 Active 676-char remark
Show marketing remark (676 chars)
PERFECT! That is all you need to say about this charming updated Madison Heights bungalow. Everything in this home has been updated and all that is left to do is move on in! This home features two nice sized bedrooms on the main floor and a third bedroom upstairs. The kitchen and bathroom have been completely updated with brand new counters, cabinetry, and flooring. All original hardwood flooring has been refinished and looks beautiful. Nice size backyard with storage shed and covered patio. New roof in 2014 and furnace replaced in 2016, close to I-75 and 696 as well as just minutes from downtown Royal Oak. Don't miss out on this perfect home! It will not last long!!!
-
2019-06-13$124,900 Active
Show marketing remark (676 chars)
PERFECT! That is all you need to say about this charming updated Madison Heights bungalow. Everything in this home has been updated and all that is left to do is move on in! This home features two nice sized bedrooms on the main floor and a third bedroom upstairs. The kitchen and bathroom have been completely updated with brand new counters, cabinetry, and flooring. All original hardwood flooring has been refinished and looks beautiful. Nice size backyard with storage shed and covered patio. New roof in 2014 and furnace replaced in 2016, close to I-75 and 696 as well as just minutes from downtown Royal Oak. Don't miss out on this perfect home! It will not last long!!!
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2012-09-07soldstatus $35,700
-
2012-09-07soldstatus $35,700
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2012-08-27historical
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2012-07-20$42,950
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2012-07-20$42,950
-
2012-07-19historical
-
2012-07-19historical
-
2012-07-05$42,950
-
2012-07-05$42,950
-
2005-06-21soldstatus $114,500
-
2005-06-20soldstatus $114,500
-
2005-06-20soldstatus $114,500
-
2005-05-10historical
-
2005-04-25$115,000
-
2005-04-25$115,000
-
1989-10-09soldstatus $46,500
-
1989-05-12soldstatus $10,650
-
1989-05-12soldstatus $36,400
ⓘ 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
- $2,781 · $232/mo
- Projected year-2 tax
- $2,853 · $238/mo
- Expected delta
- +$72/yr (+$6/mo · 2.6%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 2/10 Low 7 d/yr ≥98°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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $21,063
- − Mortgage interest
- −$10,637
- − Property taxes
- −$2,781
- − Insurance
- −$950
- − Repairs & maintenance
- −$1,685
- − Management
- −$1,685
- − Depreciation
- −$5,524
- Taxable loss
- −$2,200
- Est. tax savings @ 24.0%
- +$528
- After-tax cash flow
- $1,487/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
- Madison District Public Schools
- NCES district ID
- 2622290
- Math proficiency
- 9% ▼ -11.00%
- Reading proficiency
- 21% ▼ -12.00%
- Median HH income
- $41,297
- Composite
- 12.89/100
- National rank
- #9586
- State rank
- #502 of 540 in MI
Livability — Madison Heights
- Score
- 81/100
- State rank
- #62
- US rank
- #1347
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Madison Heights, MI
- County
- Oakland County · 1,009,092 people
- City population
- 28,419
- Metro
- Detroit-Warren-Dearborn, MI
- Population (ZIP)
- 28,419
- Household income
- $69,503
- Rent vs Own
- Severe rent burden
- 786.0
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 (79%)
- Race & ethnicity
- White 79% Black 7% Asian 7% Two or more races 4% Hispanic / Latino 2%
- Common ancestry
- Romanian 11% Lithuanian 3% Slovak 2%
- Foreign-born
- 14% · China, Canada, South Korea
- Languages at home
- 84% English-only · Chinese 3% Other Indo-European 3% Arabic 2%
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
- ▼ -275.69%
- Current HPI
- 243.4861
- Rent YoY
- ▲ 2.81%
- 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
+1683.1% since first listed33 events — show timeline
- 2026-05-01 Pending — REALCOMP
- 2026-05-01 Pending — MiRealSource-MiMLS
- 2026-04-25 Listed $189,900 MiRealSource-MiMLS
- 2026-04-25 Listed $189,900 REALCOMP
- 2026-04-23 Price Changed $189,900 MiRealSource-MiMLS
- 2026-04-22 Price Changed $189,900 REALCOMP
- 2026-04-22 Coming Soon $184,900 MiRealSource-MiMLS
- 2019-07-26 Sold (Public Records) $130,000 Public Records
- 2019-07-19 Sold (MLS) $130,000 MiRealSource-MiMLS
- 2019-07-19 Sold (MLS) $130,000 REALCOMP
- 2019-07-16 Listing Removed — REALCOMP
- 2019-06-18 Pending — MiRealSource-MiMLS
- 2019-06-18 Pending — REALCOMP
- 2019-06-13 Listed $124,900 MiRealSource-MiMLS
- 2019-06-13 Listed $124,900 REALCOMP
- 2012-09-07 Sold (MLS) $35,700 REALCOMP
- 2012-09-07 Sold (MLS) $35,700 MiRealSource-MiMLS
- 2012-08-27 Listing Removed — MiRealSource-MiMLS
- 2012-07-20 Listed $42,950 REALCOMP
- 2012-07-20 Listed $42,950 MiRealSource-MiMLS
- 2012-07-19 Listing Removed — REALCOMP
- 2012-07-19 Listing Removed — MiRealSource-MiMLS
- 2012-07-05 Listed $42,950 REALCOMP
- 2012-07-05 Listed $42,950 MiRealSource-MiMLS
- 2005-06-21 Sold (Public Records) $114,500 Public Records
- 2005-06-20 Sold (MLS) $114,500 REALCOMP
- 2005-06-20 Sold (MLS) $114,500 MiRealSource-MiMLS
- 2005-05-10 Listing Removed — MiRealSource-MiMLS
- 2005-04-25 Listed $115,000 REALCOMP
- 2005-04-25 Listed $115,000 MiRealSource-MiMLS
- 1989-10-09 Sold (Public Records) $46,500 Public Records
- 1989-05-12 Sold (Public Records) $36,400 Public Records
- 1989-05-12 Sold (Public Records) $10,650 Public Records
Property tax history
+7.7%/yrLatest (2025): $2,781 · +2.6% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…