The median home value in Lathrup Village, MI is $318,500. This is higher than the county median home value of $304,600. The national median home value is $338,100. The average price of homes sold in Lathrup Village, MI is $318,500. Approximately 87.97% of Lathrup Village homes are owned, compared to 7.32% rented, while 4.71% are vacant. Lathrup Village real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lathrup Village real estate agent to arrange a tour today!
Lathrup Village, Michigan has a population of 4,098. Lathrup Village is less family-centric than the surrounding county with 27.04% of the households containing married families with children. The county average for households married with children is 32.55%.
The median household income in Lathrup Village, Michigan is $97,241. The median household income for the surrounding county is $86,275 compared to the national median of $69,021. The median age of people living in Lathrup Village is 46.1 years.
The average high temperature in July is 83.2 degrees, with an average low temperature in January of 17.9 degrees. The average rainfall is approximately 33.3 inches per year, with 32.1 inches of snow per year.