Lathrup Village Real Estate Market Extends Weakness in New Listings

The Lathrup Village market might be cooling off in the coming weeks. Sales fell this week to one home sold over the last 30 days, and there is an identifiable downward trend in the number of new listings, with seven going live in the same time frame. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. Prices are rising in Lathrup Village, and the median sales price this period increased from $140,000 to $171,900. Along with the slip in sales, a relatively high 12 months of inventory indicates that Lathrup Village is a solid buyer's market.

If a home with lots of bedrooms is what you want, then be sure to take a look at these listings in Lathrup Village:

$299K   $165K   $229K  

Get started right now by checking out Lathrup Village homes for sale or reviewing Lathrup Village real estate trends.

Demographic facts for Lathrup Village:

  • This area has a population growth rating of 45. (Scale: 1 = Worst, 100 = Best)
  • The area's number of physicians is 594.2 per 100,000 people.
  • The area's health cost index score is 98.6. (100 = national average)
  • The breakdown of residents commuting to work is 87.8% by car, 6.8% by carpool, and 0.6% by public transit.

Data reported through 10/19/2016

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