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The Allen Park market
Market report · Neighbourhood · Aug 2026
The Allen Park market, in numbers
Part of Miami — see the Miami report
Homes in Allen Park typically sell in about 462 days. With 57.0 months of inventory, it’s a buyer’s market.
Some comparisons are hidden until at least 3 transactions close in a month. Medians below are drawn from very small samples — treat them as indicative.
Median sale price
$575k
↑ +51.3% MoM
1 sales closed in Aug 2026
Low sampleMedian rent
$1,800/mo
↑ +34.4% MoM↑ +34.6% YoY
3 leases closed in Sep 2026
Time to sell
462 days
typical days on market
Low sampleDays from listing to going under contract.
Months of inventory
57.0 mo
buyer’s market
Low sampleActive listings divided by the monthly sales pace. Under 4 months favors sellers; over 6 favors buyers.
Sells 367 days slower than Miamidays on market
Your questions, answered
Straight answers from Allen Park’s closed transactions.
What does a home here cost?
The median sale closed at $575k in Aug 2026. Typical sales ranged $575k–$575k.
What income do you need to buy here?
At a 6.5% 30-year mortgage with 20% down, the median home runs about $3,818/mo including taxes — comfortable at a household income around $153k a year, using the 30% rule. Renting instead costs $1,800/mo.
Is now a good time to buy?
57.0 months of inventory points to a buyer’s market.
How fast do homes sell?
About 462 days from listing to contract in Aug 2026. The pace picks up toward November and slows around September.
How much room is there to negotiate?
Not enough closed sales this month to measure — the price-cut chart below is the best proxy.
When is the best time to list?
Closings peak in November and bottom out around September. Listing four to six weeks ahead of the peak historically gets the most eyes.
Is it a good rental investment?
Yield needs at least 3 closed sales and 3 closed leases in a month — this area doesn’t clear that bar yet.
Buying vs renting
Price-to-rent ratio is 26.6 — buying typically starts to beat renting after roughly 10+ years here.
To buy — median sale price
Sale price, $
$575k↑ +51.3% MoM
Aug 2026 — median $575k · 1 sales · 462 days on market · low sample
$200k
$400k
$600k
$800k
$1.0M
Oct ’25
Dec ’25
Feb ’26
Apr ’26
Jun ’26
Aug ’26
To rent — median monthly rent
Monthly rent, $
$1,800/mo↑ +34.4% MoM↑ +34.6% YoY
Sep 2026 — median $1,800/mo · 3 leases · 15 days on market
$1,000
$2,000
$3,000
$4,000
$5,000
Oct ’25
Dec ’25
Feb ’26
Apr ’26
Jun ’26
Aug ’26
MedianTypical range (5th–95th percentile)3+ closingsUnder 3 (low sample)No closings (activity only)Tap or hover any month for its numbers.
What each size costs
Medians over the last 12 months.
Beds
To buy
To rent
Volume
Studio
—
$1,199/mo
1 closed Low sample
1 bed
—
$1,526/mo
12 closed Low sample
2 beds
$373k
$1,975/mo
8 closed Low sample
3 beds
$451k
$3,763/mo
11 closed
What sells here
Sales mix and median price by property type, last 12 months.
House
$425k
100% of sales · 8 closed
Market depth
Supply and demand
Listings per month
Sep 2026 — 0 closed · 1 new · 38 active
0
10
20
30
40
Oct ’24
Jan ’25
Apr ’25
Jul ’25
Oct ’25
Jan ’26
Apr ’26
Jul ’26
ClosedActive (on market)New listings
Seasonality
Avg closings
Listings move fastest in November
0
0.5
1
1.5
J
F
M
A
M
J
J
A
S
O
N
D
Average closings by calendar month, drawn from at least two years of history.
Price-cut pressure
% of active listings
Sep 2026 — 18% of active listings cut · median cut 4.4%
0%
10%
20%
30%
40%
Oct ’24
Jan ’25
Apr ’25
Jul ’25
Oct ’25
Jan ’26
Apr ’26
Jul ’26
3-month averageSingle month
HOA fees per sqft
$ per sqft, monthly
$0.62 per sqft · Jan 2025
$0.30
$0.40
$0.50
$0.60
$0.70
Oct ’24
Jan ’25
Apr ’25
Jul ’25
Oct ’25
Jan ’26
Apr ’26
Jul ’26
Median monthly HOA fee per square foot among closed sales.
How neighbourhoods compare across Miami
Median sale price, last 12 months. Tap a row to open its report.
Based on 68 closed transactions over the period shown · Updated Oct 3, 2026 · Medians drawn from fewer than 3 closings are flagged as low sample.