Wayne County, MI Housing Market Trends

Market Overview for Q1 2026

$85K -4.5% Y-o-Y -$4K Y-o-Y
Open table view
$70 -1.4% Y-o-Y -$1 Y-o-Y
Open table view
1,062 -45.6% Y-o-Y -889 Y-o-Y
Open table view

The median home sale price in Wayne County, MI as of Q1 2026 was $85K, down 4.5% year-over-year. A total of 1,062 deals were recorded, representing a year-over-year change of just -45.6%. In Q1 2026, the median price per square foot was $70, a change of -1.4% year-over-year.

When a location has insufficient sales for calculating accurate metrics, sale information will not be displayed.

Wayne County, MI Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $65,000 $70,000 $70,000 $64,000
2023 $65,000 $65,000 $75,000 $72,000
2024 $80,000 $80,000 $79,000 $80,000
2025 $89,000 $90,000 $87,000 $85,000
2026 $85,000
Wayne County, MI Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2022 $51 $56 $54 $51
2023 $53 $53 $59 $57
2024 $61 $64 $65 $67
2025 $71 $71 $70 $74
2026 $70
Real Estate Transactions in Wayne County, MI
Year Q1 Q2 Q3 Q4
2022 2,771 3,146 2,552 2,115
2023 2,241 2,876 2,684 2,525
2024 2,836 2,885 2,743 2,728
2025 1,951 2,041 2,047 1,583
2026 1,062
Wayne County, MI Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $65,000 $70,000 $70,000 $64,000
2023 $65,000 $65,000 $75,000 $72,000
2024 $80,000 $80,000 $79,000 $80,000
2025 $89,000 $90,000 $87,000 $85,000
2026 $85,000
Wayne County, MI Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2022 $51 $56 $54 $51
2023 $53 $53 $59 $57
2024 $61 $64 $65 $67
2025 $71 $71 $70 $74
2026 $70
Real Estate Transactions in Wayne County, MI
Year Q1 Q2 Q3 Q4
2022 2,771 3,146 2,552 2,115
2023 2,241 2,876 2,684 2,525
2024 2,836 2,885 2,743 2,728
2025 1,951 2,041 2,047 1,583
2026 1,062

Wayne County, MI Housing Stock

Property Type
Units
Condo
27,356
Other
587,715
All Residential
615,071

Wayne County: Demographics

Total population
1,772,259
Median age
37.9
No high school education
3.7%
Some high school/college
38.6%
Bachelor's degree
16.0%
Average household income
$85,604
Occupied housing units
700,591
Owner-occupied units
64.8%
Renter-occupied units
35.2%
Median year structure built
1956