What the Pros Know
Market Snapshot
Zip Code 48240 | Wayne County, MI
16,914
Population
YoY
202238.4
Median Age
YoY
2022$60,185
Median Household Income
YoY
2022$174,000
Median Sale Price
3.6% MoM
24.3% YoY
7/202472
Homes Sold
4.0% MoM
5.3% YoY
7/20240.4
Months Inventory
11.3% MoM
15.4% YoY
7/202417
Days on Market
250 MoM
700 YoY
7/202426
Listings
0.0% MoM
18.8% YoY
7/2024100.8%
Sale Price to List Price
0.4% MoM
0.0% YoY
7/2024
See 48240 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.