What the Pros Know
Market Snapshot
Zip Code 48225 | Wayne County, MI
16,228
Population
YoY
202235.2
Median Age
YoY
2022$57,655
Median Household Income
YoY
2022$162,500
Median Sale Price
1.6% MoM
18.0% YoY
7/202460
Homes Sold
7.7% MoM
11.8% YoY
7/20241.2
Months Inventory
18.5% MoM
53.3% YoY
7/202420
Days on Market
0 MoM
2250 YoY
7/202470
Listings
6.1% MoM
37.3% YoY
7/2024101.3%
Sale Price to List Price
1.9% MoM
2.4% 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.