MyMarketPulse (mymarketpulse.com) recently disclosed its May 2024 findings on the housing market conditions in Wayne County, Michigan.
According to the latest data, Wayne County’s Median Sale Price was pegged at $195,000, showing an increase of 5.4% from the preceding month and a rise of 11.4% from the year before.
Sales of homes in the region saw 1,448 homes changing hands. This represents an increase of 3.1% from the month before and down 5.5% compared to the same month last year.
The Median Days on Market for homes in Wayne County stood at 16 days, which is a decrease of 4 days days over the previous month and up by 1 day day from the previous year.
Wayne County’s Market Pulse Score currently stands at 104 indicating a rising trend for the market.
For more information about the Wayne County, Michigan market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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