What the Pros Know
Market Snapshot
Zip Code 48227 | Wayne County, MI
39,024
Population
YoY
202239.6
Median Age
YoY
2022$33,579
Median Household Income
YoY
2022$75,000
Median Sale Price
1.3% MoM
25.0% YoY
7/2024141
Homes Sold
3.7% MoM
29.4% YoY
7/20241.4
Months Inventory
6.1% MoM
17.5% YoY
7/202444
Days on Market
500 MoM
1300 YoY
7/2024199
Listings
7.0% MoM
4.7% YoY
7/202495.8%
Sale Price to List Price
1.5% MoM
2.3% 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.