What the Pros Know
Market Snapshot
Zip Code 48216 | Wayne County, MI
5,171
Population
YoY
202234.8
Median Age
YoY
2022$41,066
Median Household Income
YoY
2022$165,000
Median Sale Price
3.8% MoM
10.0% YoY
6/20254
Homes Sold
20.0% MoM
33.3% YoY
6/20253.3
Months Inventory
18.8% MoM
35% YoY
6/202548
Days on Market
8 MoM
101 YoY
6/202513
Listings
35.0% MoM
62.5% YoY
6/202582
Price per Sq Ft
18.1% MoM
11.3% YoY
6/2025
See 48216 on Zillow
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.