What the Pros Know
Market Snapshot
Zip Code 48188 | Wayne County, MI
45,390
Population
YoY
202239.5
Median Age
YoY
2022$115,025
Median Household Income
YoY
2022$460,000
Median Sale Price
1.9% MoM
1.5% YoY
7/2024103
Homes Sold
5.5% MoM
5.5% YoY
7/20240.5
Months Inventory
27.5% MoM
33% YoY
7/20249
Days on Market
50 MoM
100 YoY
7/202454
Listings
17.4% MoM
22.7% YoY
7/2024101.8%
Sale Price to List Price
0.0% MoM
0.8% YoY
7/2024
1. Population Data from U.S. Census Bureau.
2. Sales Data provided by Redfin, a national real estate brokerage.
MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.