City:

Belleville, MI

Belleville is a city in the state of michigan with a population of roughly 40,926. It is in Wayne County, Michigan the Detroit-Warren-Dearborn, MI core-based statistical areas (CBSA), and the Detroit-Warren-Ann Arbor, MI combined statistical area (CSA).Its Zip codes include 48111 .

Trends in Home Prices in Belleville, Michigan

Belleville is a city located in the south-central region of Michigan. The population was 33,898 as of the 2010 census. Belleville is home to the world headquarters of 3M Company and has been dubbed "The City of Innovation." The city's economy is based on its strong industrial base and its proximity to Detroit.

Real estate in Belleville is dominated by single-family homes, although there are a few apartment complexes and townhouses available. The median price for a single-family home in Belleville was $131,000 in 2016, which is lower than the statewide median price of $157,500 but higher than the national median price of $123,000. In addition to single-family homes, Belleville also has a limited number of condominiums and apartments available. The average condo price in Belleville was $139,000 as of 2016.

The city's top real estate markets are Downtown Belleville (which includes areas near Ford Field and Comerica Park) and Midtown Belleville (which includes areas near Meijer Gardens). Downtown Belleville had an average sales volume of 2,527 units in 2016 while Midtown Belleville had an average sales volume of 1,872 units.

Price Index: Detroit-Dearborn-Livonia, MI (MSAD)

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