The Lathrup Village housing market is very competitive. The median sale price of a home in Lathrup Village was $280K last month, down 14.6% since last year. The median sale price per square foot in Lathrup Village is $157, down 4.3% since last year.
What is the housing market like in Lathrup Village today?
In June 2025, Lathrup Village home prices were down 14.6% compared to last year, selling for a median price of $280K.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$280,000
-14.6% YoY | Jun 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2025
Growth
% YoY
Lathrup Village, MI
$280,000
-14.6%
United States
To compare other locations to the Lathrup Village and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Lathrup Village add value to a home.
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How hot is the Lathrup Village housing market?
Lathrup Village is very competitive. Homes sell in 16 days.
0
100
75
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 16 days.
Hot homes
can sell for about 2% above list price and go pending in around 9 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2025
Growth
% YoY
Lathrup Village, MI
96.6%
-5.9 pt
United States
Lathrup Village Migration & Relocation Trends
In Feb '25 - Apr '25, 26% of Lathrup Village homebuyers searched to move out of Lathrup Village, while 74% looked to stay within the metropolitan area.
Where are people moving to Lathrup Village from?
Across the nation, 0.77% of homebuyers searched to move into Lathrup Village from outside metros.
Chicago homebuyers searched to move into Lathrup Village more than any other metro followed by Los Angeles and New York.
Where are people from Lathrup Village moving to?
74% of Lathrup Village homebuyers searched to stay within the Lathrup Village metropolitan area.
Birmingham was the most popular destination among Lathrup Village homebuyers followed by Saginaw and Orlando.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Lathrup Village housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lathrup Village.
Flood Factor - Minor
3% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lathrup Village has a minor risk of flooding. 22 properties in Lathrup Village are likely to be
severely affected
by flooding over the next 30 years. This represents 3% of all properties in Lathrup Village. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lathrup Village has a moderate risk of wildfire. There are 8 properties in Lathrup Village that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Lathrup Village.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Lathrup Village has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lathrup Village is most at risk from severe storms. 1,753 properties in Lathrup Village have some risk of being in a severe wind event within the next 30 years.