What the Pros Know
Market Snapshot
Zip Code 48208 | Wayne County, MI
7,827
Population
YoY
202240.1
Median Age
YoY
2022$24,046
Median Household Income
YoY
2022$119,000
Median Sale Price
98.3% MoM
27.2% YoY
7/20249
Homes Sold
28.6% MoM
12.5% YoY
7/20241.7
Months Inventory
10.3% MoM
50% YoY
7/202460
Days on Market
2200 MoM
4050 YoY
7/202415
Listings
7.1% MoM
36.4% YoY
7/202495.7%
Sale Price to List Price
4.2% MoM
3.0% 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.