Is Hazel Park a buyer's or seller's market right now?

Hazel Park is currently a seller's market with 2.4 months of supply. 23.8% of homes sell above asking price, and 50% go pending within two weeks. The Ridley Sell Score for Hazel Park is 63/100 (Moderate), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Hazel Park?

The median home price in Hazel Park is $185,299, up 5.9% year-over-year. The median price per square foot is $139. Homes sell in a median of 26 days with a sale-to-list ratio of 97.7%.

How much does it cost to sell a home in Hazel Park, Michigan?

On a $185,299 home in Hazel Park, a traditional listing agent charges around $5,559 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $14,824 or more. With Ridley Essentials ($999) you save $4,560, and with Ridley Pro ($3,499) you save $2,060 while getting full agent support.

How does Ridley's flat fee compare to a traditional Hazel Park agent?

A traditional Hazel Park listing agent typically charges 3% of the sale price — about $5,559 on a $185,299 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $4,560–$2,060 compared to a traditional agent.

How long does it take to sell a home in Hazel Park?

The median home in Hazel Park currently spends 26 days on the market before going under contract, down 30% from last year. 50% of homes go pending within two weeks. At a 97.7% sale-to-list ratio, sellers are seeing some negotiation. Only 29.4% of listings see a price drop, suggesting sellers can hold firm on pricing.

Do I need a real estate agent to sell in Michigan?

No. Michigan does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $185,299 home, that could save you up to $2,060.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in Michigan. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $5,559 commission.

National/Michigan

Hazel Park, MI

Is Now a Good Time to Sell in Hazel Park, Michigan?

The median home in Hazel Park sells for $185,299 with prices up 5.9% year-over-year. The average seller pays $5,559 in commissions — Ridley’s flat fee saves you $2,060.

Hazel Park Real Estate Market Conditions — April 2026

63out of 100

Ridley Sell Score

How it's scored →

Moderate

63/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Hazel Park market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Watch for competing listings dropping prices — come in sharp from day one. Sellers who prepare well can still achieve strong results.

Inventory TightnessFavors sellers

2.4 months of supply — below the 5-month balanced threshold — 8% below the Michigan average of 2.6.

Price MomentumNeutral

Prices up 5.9% year-over-year — vs. +16% statewide.

Seller LeverageNeutral

Homes selling at 97.7% of asking — buyers are negotiating 2.3% below list. Michigan average is 97.4%.

Bidding ActivityNeutral

23.8% of homes selling above list price — 3% below the Michigan average of 24.5%.

Sale SpeedFavors sellers

26 median days on market — 40 days faster than the Michigan average.

Market UrgencyFavors sellers

50% of listings go pending within 2 weeks — vs. 28.2% statewide.

Price StabilityFavors buyers

29.4% of listings have dropped their price — accurate initial pricing is critical. Michigan average is 19.7%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$185,299

+5.9%

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

-30%

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$139

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

97.7%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

2.4

Seller’s market

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.

Somewhat Competitive

Sold Above List

Percentage of homes that sold for more than their list price.

23.8%

Room to negotiate

Price Drops

Percentage of active listings that had a price reduction.

29.4%

Pricing matters

Pending in 2 Weeks

Percentage of listings that went under contract within 14 days.

50%

Fast-moving

12-Month Price Trend

$176,000 → $185,299

▲5.3%

$180K$160K$140K

MayJulSepNovJanMarApr

Data updated April 2026

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Personalized pricing signals, demand shifts, and Sell Score changes for Hazel Park — delivered monthly.

Your savings

How much can you save selling your home in Hazel Park?

The average Hazel Park homeowner saves $2,060 by selling with Ridley instead of paying the traditional 3% listing commission on a $185,299 home.

$0Estimated savings

That could furnish your new living room — save 1.1% of your home value

Your Hazel Park home value

$185,299

$50,000$10M

Traditional Agent (3%)

$5,559

Ridley Pro (flat fee)

$3,499

Ready to sell in Hazel Park?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

How much does it cost to sell a house in Hazel Park?

The total cost to sell a house in Hazel Park in 2026 ranges from $999 with Ridley Essentials to approximately $5,559 with a traditional 3% commission on a $185,299 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$5,559	$3,499	$999	$0
Buyer agent	$5,1882.8% avg	$3,706~2% avg	$3,706~2% avg	$5,1882.8% avg
Closing costs (~1.5%)	$2,779	$2,779	$2,779	$2,779
Total cost	$13,526	$9,984	$7,484	$7,967
Net proceeds	$171,773	$175,315	$177,815	$177,332
You save	—	$3,542	$6,042	$5,559No support