The Garfield Park housing market is very competitive. The median sale price of a home in Garfield Park was $227K last month, up 29.7% since last year. The median sale price per square foot in Garfield Park is $135, up 6.3% since last year.
What is the housing market like in Garfield Park today?
In March 2024, Garfield Park home prices were up 29.7% compared to last year, selling for a median price of $227K. On average, homes in Garfield Park sell after 8 days on the market compared to 7 days last year. There were 32 homes sold in March this year, down from 36 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$227,000
+29.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Garfield Park, MI
$227,000
+29.7%
United States
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How hot is the Garfield Park housing market?
Garfield Park is very competitive. Homes sell in 8 days.
0
100
87
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 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 8 days.
Hot homes
can sell for about 6% above list price and go pending in around 5 days.
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 Garfield Park housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Garfield Park.
Risk Factor
Flood Factor - Moderate
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Garfield Park has a moderate risk of flooding. 346 properties in Garfield Park are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in Garfield Park. Flood risk is increasing slower than the national average.
1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Garfield Park has a moderate risk of wildfire. There are 60 properties in Garfield Park that have some risk of being affected by wildfire over the next 30 years. This represents 1% of all properties in Garfield Park.
Garfield Park has minimal risk of severe winds over the next 30 years
Wind Factor
Garfield Park has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.