What the Pros Know
Market Snapshot
Zip Code 48205 | Wayne County, MI
31,816
Population
YoY
202230.9
Median Age
YoY
2022$42,671
Median Household Income
YoY
2022$50,000
Median Sale Price
0.0% MoM
0.2% YoY
7/202478
Homes Sold
1.3% MoM
17.9% YoY
7/20242.3
Months Inventory
2.6% MoM
44.4% YoY
7/202458
Days on Market
0 MoM
1700 YoY
7/2024179
Listings
0.6% MoM
18.5% YoY
7/202492.9%
Sale Price to List Price
1.0% 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.