Greenfield Park, MI Housing Market
$47,882
17.2% 1-yrThe average Greenfield Park, MI home value is $47,882, down 17.2% over the past year. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Greenfield Park Key Takeaways
Typical Home Values: $47,882
1-Year Value Change: -17.2%
(Data through August 31, 2026)
Greenfield Park Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Nearby Neighborhoods
- NameMedian ZHVI
- Grixdale Farms$80,653
- Hawthorne Park$41,176
- Chaldean Town$67,185
- Northeast Central District$48,749
- Cadillac Heights$40,039
- Nolan$48,492
- Grixdale$46,130
- Penrose$41,163
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Greenfield Park Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are the most expensive neighborhoods in Detroit, MI?
The neighborhoods with the highest median home values in Detroit, MI include: Palmer Woods ($574,088), Detroit Golf ($555,516), Indian Village ($520,459), Brush Park ($481,036), Corktown ($456,421).
What are the most affordable neighborhoods in Detroit, MI?
The neighborhoods with the lowest median home values in Detroit, MI include: West End ($36,938), Airport Sub ($39,564), Cadillac Heights ($40,039), Nardin Park ($40,364), Penrose ($41,163).
Which Detroit, MI neighborhoods have the fastest growing home values?
Neighborhoods with the highest year-over-year value growth in Detroit, MI include: Grandmont No.1 (16.0%), Eliza Howell (14.7%), Southfield Plymouth (14.3%), Bentler-Pickford (12.1%), Hawthorne Park (11.6%).