Explore US City Lathrup Village, MI - Real Estate Market Insights, Demographics, Crime, Trends & Hotspots
Lathrup Village, MI real estate snapshot: Pulse Score pending, cap rate –%, median price $295,000. Below: live market insights, demographics, crime overview, investment hotspots, and nearby areas.
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Median Price
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Market Insights
The Lathrup Village housing market is showing balanced conditions with stable prices and moderate inventory levels. The median home price in Lathrup Village currently stands at $295,000. With 3.0 months of supply, Lathrup Village's inventory levels remain relatively tight. Transaction volume is up 50% compared to what's typically expected this time of year. A significant 44.4% of listings experienced price reductions, indicating sellers may be adjusting to market realities. The majority of homes (66.7%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the Lathrup Village market with the affordability index at 618.4. Based on current market indicators, home prices in Lathrup Village are projected to decrease by approximately 5.0% over the next month.
Demographics market for - Lathrup Village, MI
Total Population -
4,148
White Race
34%
African American Race
63%
Crime for City - Lathrup Village, MI
Real Estate Market Prediction for - Lathrup Village, MI
City Hotspots Map
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Nearby Cities From Lathrup Village, MI
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FAQ about Lathrup Village, MI
The Pulse Score combines property value appreciation, rental income potential, market liquidity, demographic trends, and crime/safety signals into a single 0–100 grade. Higher scores indicate stronger investor fundamentals.
Investment quality depends on your goals. Use the cap rate, investor-friendly score, demographic insights, and crime data on this page to evaluate Lathrup Village, MI for buy-and-hold, fix-and-flip, or short-term rental strategies.
Our analysis combines public datasets (US Census Bureau, FBI Uniform Crime Reporting, HUD, BLS) with proprietary short-term rental performance and active MLS feeds, refreshed on a regular cadence.
Use the “Related analysis” section on this page to jump to the dedicated crime report, school ratings, and state-level short-term rental market analysis for Lathrup Village, MI.
Data sources & further reading
PulseReal’s analysis is built on top of these public, authoritative datasets.
Official UCR crime statistics by state and agency from the FBI.
Population, demographics, housing, and income data from the US Census Bureau.
Encyclopedic overview of the city, history, and notable landmarks.
Housing affordability, fair-market rents, and market reports from HUD.
Local unemployment and employment data from the Bureau of Labor Statistics.
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Does a rental pencil out in Lathrup Village, MI?
A median-priced home ($295,000) at the average rent ($1,640/mo), with 25% down at 7.25%, after property tax, insurance, vacancy, repairs, reserves and management.
-$955/mo
Cash flow on a median home
-13.9%
Cash-on-cash return
0.37
DSCR
$3,453/mo
Rent needed for a 1.25 DSCR
$3,787/yr
Landlord insurance, hazard-adjusted