Current Price

$196,996

1 Month Forecast

â–² $213,879

1-Year Forecast *

â–² $221,596

5-Year Forecast *

â–² $254,121

"Is it a good time to buy homes in Allen Park?" "Does investing in real estate in Allen Park (Michigan State, Wayne County) worth it?" According to our live Forecast System, buying a house in Allen Park is a good short-term (1-year) investment*. The Allen Park average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Allen Park" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Allen Park in Michigan State, Wayne County. If you are looking for homes for sale with good flipping profit, Allen Park can be a profitable property investment option. The median price of an average house in Allen Park was 196,996 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Allen Park" area is 254,121 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +29.00% meaning that investing 100000 USD today may yield a profit of 28,998 USD by 2031.

Current Median Listing Price: 196,996 USD Median Listing Price Per Square Foot: 109 USD

Allen Park Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Allen Park (Michigan State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Allen Park Price Target

Allen Park median home price target in 12 months: $221,596* (upside of 12.5%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $208,246 $212,652 $208,246 $212,652
2024 $188,643 $196,996 $188,643 $196,996
2023 $175,409 $187,671 $175,409 $187,671
2022 $166,723 $175,689 $166,723 $178,121
2021 $151,066 $165,305 $151,066 $166,012
2020 $136,647 $148,639 $136,647 $148,639
2019 $127,849 $136,282 $127,849 $136,282
2018 $119,496 $126,837 $119,496 $126,837
2017 $109,615 $118,799 $109,615 $118,799
2016 $100,611 $108,427 $100,611 $108,427
2015 $90,929 $99,909 $90,929 $99,909
2014 $85,685 $90,613 $85,685 $92,641
2013 $67,666 $84,621 $67,666 $84,621
2012 $62,457 $66,951 $62,457 $66,951

Questions & Answers about the Allen Park Housing Market Forecast

How much does an average home cost in Allen Park today?

The value of an average home (the listing price) in Allen Park is $196,996 USD.

What is the average price per square foot in Allen Park?

According to Walletinvestor the median price per square foot in Allen Park is 109 USD.

Will the median listing price of homes in Allen Park grow / rise / go up?

Yes. The Allen Park home prices may rise from 196,996 USD to 221,596 USD in one year.

Is it profitable to invest in Allen Park homes?

Yes. The long-term profit potential is +12.49% in one year.

Will Allen Park house prices fall / drop?

No. See above.

What is the predicted price of a Allen Park home in 2030?

The predicted home sales price of a Allen Park home in 2030 in Allen Park is 246,578 USD.

What is the predicted price of a Allen Park home in 2035?

The predicted home sales price of a Allen Park home in 2035 in Allen Park is 297,551 USD.

Will real estate prices decrease in Allen Park?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Allen Park is the 2222. largest city in the United States, located in Michigan State.

During the last 12 months the real estate prices in Wayne, Allen Park decreased, looking at the past 12 months.

According to Walletinvestor's Allen Park real estate market research, home values will increase in the next 12 months.

Median home values decreased by 6.578% to 196,996 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 12.018% in 2021
  • 13.378% in 2022
  • 12.098% in 2023
  • 12.108% in 2024
  • 13.248% in 2025
  • 13.788% in 2026

Based on our Allen Park real estate market research and report the predicted sales prices will increase by 224.375% in the next 10 years.

Over the last 12 months, the value of homes in Allen Park fluctuated: increasing 3 times and decreasing 1 times.

Allen Park (Michigan) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Allen Park Housing Market Forecast with Real Estate Prices for 2025
August 2025 213879 197197 230562
September 2025 215114 200271 229957
October 2025 216356 198398 234314
November 2025 217605 198238 236972
December 2025 218684 203376 233992
Allen Park Housing Market Forecast with Real Estate Prices for 2026
January 2026 218146 196331 239960
February 2026 217411 196104 238717
March 2026 217317 202322 232312
April 2026 217802 199071 236533
May 2026 219059 207887 230231
June 2026 220324 202918 237730
July 2026 221596 206970 236221
August 2026 222875 209725 236025
September 2026 224162 212505 235818
October 2026 225456 207870 243041
November 2026 226070 213184 238956
December 2026 225487 204291 246683
Allen Park Housing Market Forecast with Real Estate Prices for 2027
January 2027 224727 202704 246751
February 2027 224067 211743 236391
March 2027 223674 206675 240674
April 2027 223339 206812 239867
May 2027 222983 204476 241491
June 2027 223059 205884 240235
July 2027 223471 204923 242019
August 2027 224329 209299 239359
September 2027 225624 208476 242771
October 2027 226926 208318 245534
November 2027 228236 206782 249690
December 2027 229554 210730 248377
Allen Park Housing Market Forecast with Real Estate Prices for 2028
January 2028 230879 216564 245193
February 2028 232212 209919 254504
March 2028 233552 212533 254572
April 2028 234901 217283 252518
May 2028 236117 214630 257603
June 2028 237480 224181 250779
July 2028 238851 217832 259870
August 2028 240230 217888 262571
September 2028 241616 222770 260462
October 2028 242429 228853 256005
November 2028 242282 222415 262149
December 2028 241716 225763 257669
Allen Park Housing Market Forecast with Real Estate Prices for 2029
January 2029 241373 221822 260924
February 2029 241344 220347 262341
March 2029 241646 229564 253728
April 2029 242648 227361 257934
May 2029 244048 225257 262840
June 2029 245457 229012 261903
July 2029 246578 222167 270989
August 2029 247199 232614 261783
September 2029 247192 232608 261777
October 2029 247682 225143 270221
November 2029 248666 229518 267813
December 2029 250101 237346 262856
Allen Park Housing Market Forecast with Real Estate Prices for 2030
January 2030 251545 229157 273932
February 2030 252997 236552 269442
March 2030 254458 235119 273796
April 2030 255719 241399 270040
May 2030 255090 231111 279068
June 2030 254230 234400 274060
July 2030 254121 240399 267844
August 2030 254688 229729 279647
September 2030 256158 233104 279212
October 2030 257637 240891 274383
November 2030 259124 243318 274931
December 2030 260620 235340 285900
Allen Park Housing Market Forecast with Real Estate Prices for 2031
January 2031 262125 239844 284405
February 2031 263638 244656 282620
March 2031 264356 247173 281539
April 2031 263675 245217 282132
May 2031 262786 243077 282495
June 2031 262014 242363 281665
July 2031 261555 246385 276725
August 2031 261163 242360 279967
September 2031 260747 239626 281867
October 2031 260836 241012 280659
November 2031 261317 243809 278825
December 2031 262320 247105 277535
Allen Park Housing Market Forecast with Real Estate Prices for 2032
January 2032 263834 239562 288107
February 2032 265357 244129 286586
March 2032 266889 253278 280501
April 2032 268430 245882 290978
May 2032 269980 248381 291578
June 2032 271538 256604 286473
July 2032 273106 249619 296593

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.