What the Pros Know
Market Snapshot
Zip Code 48218 | Wayne County, MI
7,204
Population
YoY
202234.9
Median Age
YoY
2022$26,435
Median Household Income
YoY
2022$96,500
Median Sale Price
8.4% MoM
34.0% YoY
7/202422
Homes Sold
8.3% MoM
46.7% YoY
7/20240.6
Months Inventory
38.8% MoM
52.3% YoY
7/202422
Days on Market
1100 MoM
1300 YoY
7/202414
Listings
16.7% MoM
26.3% YoY
7/202496.4%
Sale Price to List Price
1.2% 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.