Homestead Villa 2
Closed-sale statistics for Homestead Villa 2, with the property-tax reality attached — computed 2025-09-01 to 2026-09-01, not scraped from listings.
- Median sale price
- $166,500
- Median days on market
- 8
- List-to-sale ratio
- 99.9%
6 closed sales, 2025-09-01 to 2026-09-01
What taxes actually become here
Michigan taxable value uncaps the year after you buy (MCL 211.27a). At this subdivision's median price of $166,500, in Lincoln Park Public School District at 52.76 homestead mills, the year-two bill is approximately $4,392 — regardless of what the seller currently pays. The listing will almost certainly show less. Run your own number.
How Homestead Villa 2 compares in Lincoln Park
Of the 25 Lincoln Park subdivisions and condo projects we publish statistics for, Homestead Villa 2's $166,500 median ranks 14 of 25 — 2% below the tracked-Lincoln Park median of $169,750.
| Project | Median sale | Sales | Year-2 tax |
|---|---|---|---|
| Washington Gardens | $172,500 | 8 | $4,551 |
| Suburban Park | $170,000 | 7 | $4,485 |
| Robinwood | $170,000 | 5 | $4,485 |
| Oaklawn | $169,750 | 6 | $4,478 |
| Homestead Villa 2 | $166,500 | 6 | $4,392 |
| Geo P Emrick Maplelawn | $165,000 | 6 | $4,353 |
| Lincoln Park 2 | $162,500 | 16 | $4,287 |
| Garfield Park | $151,500 | 20 | $3,997 |
| Oconnor & Harrison Greenlawn | $145,000 | 9 | $3,825 |
Year-2 tax is the estimated post-uncapping homestead bill at each project's median price. Ranked by median closed price, 2025-09-01 to 2026-09-01.
This is the median. Your number depends on the address.
Median statistics cannot price a specific house. For one address we can compute the year-two tax bill, the escrow impact, eligibility for down-payment programs, and — if you own here — what a sale would actually net after transfer tax and payoff.
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Common questions
What is the median home price in Homestead Villa 2?
The median closed sale price in Homestead Villa 2 (Lincoln Park) is $166,500, from 6 sales 2025-09-01 to 2026-09-01.
What will property taxes be after buying in Homestead Villa 2?
At the median price, taxable value uncaps to roughly $83,250 and the year-two bill in Lincoln Park Public School District is approximately $4,392 at homestead rates.
How does Homestead Villa 2 compare with other Lincoln Park subdivisions?
Its $166,500 median ranks 14 of 25 Lincoln Park projects we track — 2% below the tracked-city median of $169,750.
More context: Lincoln Park property tax rates · school district breakdowns · all calculators