Lincoln Park · Wayne County

Municipal Park

Closed-sale statistics for Municipal Park, with the property-tax reality attached — computed 2025-09-01 to 2026-09-01, not scraped from listings.

Median sale price
$124,950

6 closed sales, 2025-09-01 to 2026-09-01

Median days on market
16
List-to-sale ratio
100.8%

What taxes actually become here

Michigan taxable value uncaps the year after you buy (MCL 211.27a). At this subdivision's median price of $124,950, in Lincoln Park Public School District at 52.76 homestead mills, the year-two bill is approximately $3,296 — regardless of what the seller currently pays. The listing will almost certainly show less. Run your own number.

How Municipal Park compares in Lincoln Park

Of the 25 Lincoln Park subdivisions and condo projects we publish statistics for, Municipal Park's $124,950 median ranks 25 of 25 — 26% below the tracked-Lincoln Park median of $169,750.

Project Median saleSalesYear-2 tax
C W Harrah Pennsylvania R$135,8506$3,584
Elmwood Heights$135,0007$3,561
Lincoln Homes$135,0006$3,561
Penn Outer Drive$126,0007$3,324
Municipal Park$124,9506$3,296

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.

For sale in Municipal Park right now

IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-09-22T08:54-04:00; refreshed at least twice daily.

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.

Get my numbers for an address Affordability calculator

Common questions

What is the median home price in Municipal Park?

The median closed sale price in Municipal Park (Lincoln Park) is $124,950, from 6 sales 2025-09-01 to 2026-09-01.

What will property taxes be after buying in Municipal Park?

At the median price, taxable value uncaps to roughly $62,475 and the year-two bill in Lincoln Park Public School District is approximately $3,296 at homestead rates.

How does Municipal Park compare with other Lincoln Park subdivisions?

Its $124,950 median ranks 25 of 25 Lincoln Park projects we track — 26% below the tracked-city median of $169,750.

More context: Lincoln Park property tax rates · school district breakdowns · all calculators