Why Live in Lathrup Village
Lathrup Village, nestled within Southfield's city limits just outside Detroit, offers a picturesque suburban setting with a blend of timeless architectural styles and a wealth of amenities. The neighborhood features a diverse range of home designs, including Colonial, Tudor, and mid-century modern, creating a charming and unique atmosphere. Lush, tree-lined streets and well-maintained lawns add to the inviting ambiance. Education is a priority in Lathrup Village, with highly rated schools such as MacIntyre Elementary School, Alice M. Birney School, and Southfield High School for the Arts & Technology, known for their academic excellence and extracurricular offerings. The area boasts several parks, including Annie Lathrup Park, which features a walking/jogging pathway, outdoor skating rinks, and a large grassy area. Lathrup Village Dog Park is a popular spot for dog owners, hosting events like Bark in the Park. Food enthusiasts will appreciate the proximity to Southfield's diverse culinary scene, with popular dining spots like Cornbread Restaurant and Bar and the Original House of Pancakes. Shopping is convenient with access to Southfield Plaza and nearby malls like Twelve Oaks Mall and the Somerset Collection. The neighborhood also emphasizes sustainability with green initiatives such as community gardens and energy-efficient lighting. With crime rates lower than the national average, Lathrup Village offers a safe and appealing environment for residents.
Home Trends in Lathrup Village, MI
On average, homes in Lathrup Village, MI sell after 46 days on the market compared to the national average of 50 days. The median sale price for homes in Lathrup Village, MI over the last 12 months is $290,000, down 11% from the median home sale price over the previous 12 months.
Median Sale Price
$290,000
Median Single Family Sale Price
$310,000
Median 2 Bedroom Sale Price
$146,500
Average Price Per Sq Ft
$160
Number of Homes for Sale
9
Last 12 months Home Sales
44
Median List Price
$322,450
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-11%
