Kime Realty's Market Report

Wayne County, MI

Single-Family Homes

(734) 446-5744 | Info@KimeRealty.com



Wayne County, MI

Sun Mar 03 2024
This week the median list price for Wayne County, MI is $112,750 with the market action index hovering around 44. This is an increase over last month's market action index of 43. Inventory has held steady at or around 2,774. Click here to stay informed with the Wayne County market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Wayne County, MI

Sun Mar 03 2024
This week the median list price for Wayne County, MI is $112,750 with the market action index hovering around 44. This is an increase over last month's market action index of 43. Inventory has held steady at or around 2,774. Click here to stay informed with the Wayne County market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Real-Time Market Profile

Never miss important changes in the Wayne County market.
Median List Price $112,750
Median Price of New Listings $169,700
Per Square Foot $93
Average Days on Market 112
Median Days on Market 63
Price Decreased 26%
Price Increased 2%
Relisted 17%
Inventory 2,774
Median Rent
Market Action 44
Slight Seller's Advantage

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$345,495 1,946 6,500 - 8,000 sqft 4 2 69 126 139 56
$147,500 1,248 4,500 - 6,500 sqft 3 1 83 88 141 49
$85,000 1,080 4,500 - 6,500 sqft 3 1 82 45 83 77
$49,500 1,038 0 - 4,500 sqft 3 1 85 48 90 84