The story of this market
The typical home in Wayne County, Michigan sells for about $229,000, or $127 per square foot.
Prices are up +6.7% from a year ago, so sellers still have some momentum. Homes take about 45.5 days to sell. Over the long run, values in this county have grown 68% since 2000. Last year 268 of 385 neighborhoods saw prices rise, so the story isn't the same street to street. HUD's fair market rent for a two-bedroom is $1,459 a month.
HUD sets the fair market rent for a 2-bedroom at $1,459 a month. FEMA's National Risk Index rates overall hazard risk here as Very Low.
Price climate
Every year of price change, 2000–2025
+3%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2022 (+10.7%). Worst: 2008 (-13.6%). Hover to read a year.
Monthly price momentum
Home values since 2015
+4.5%
MI · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,777
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
+3%
2025 change
FHFA repeat-sales index, median of 385 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
17
Very Low
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $401,532,675.
Mortgage activity
Home lending in this county
72.4%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 61845 | 32002 | 72.4% | 3.6% | $125,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Wayne County, Michigan
The Wayne County housing market shows moderate price appreciation with a median sale price of $229,000. Inventory levels have been rising throughout 2026, while sales volume remains sensitive to broader economic conditions in the Detroit metro area.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).
Select a city to expand its ZIP intel reports beneath · 39 cities · 66 ZIP reports
Median prices moved up 0.5% year over year.
Homes spend a median of 41 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 37.54% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
Owned and leased federal assets with active or excess status, per the General Services Administration's Real Estate Across the United States inventory (read 2026-09-25). A federal footprint read on this county — not a market valuation, and never an attribute of any individual property or tenant.
Deterministic aggregate of 68 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Each property observation weighs one in its ZIP's deterministic roll-up — property-level records (taxes, scores, permits) never roll individually. Latest property research run Oct 14, 2026.
researched Sep 30
researched Sep 30
researched Sep 30
researched Oct 1
researched Sep 18
researched Sep 19
researched Sep 19
researched Sep 30
researched Sep 30
researched Sep 30
| 48101 | Allen Park | $220,000 | $155 | — | 20 | — | — | — | 77 | $1,246 | researched Sep 30 |
| 48111 | Belleville | $324,832 | $170 | +1.5% | 13 | — | — | — | 79 | $1,208 | researched Sep 30 |
| 48120 | Dearborn | $275,000 | $209 | +0% | 32 | — | — | — | 83 | $1,355 | researched Sep 30 |
| 48122 | Melvindale | $144,351 | $169 | +1.9% | 18 | 100% | — | — | 18 | $1,110 | researched Oct 1 |
| 48124 | Dearborn | $251,000 | $191 | +3.3% | 30 | — | — | — | 48 | $1,315 | researched Sep 18 |
| 48125 | Dearborn Heights | $194,667 | $163 | +3.6% | 16 | 98.5% | 28.3% | 2.6 | 158 | $1,339 | researched Sep 19 |
| 48126 | Dearborn | $250,000 | $162 | 0% | 27 | — | — | — | 67 | $1,315 | researched Sep 19 |
| 48127 | Dearborn Heights | $257,000 | $168 | +2.4% | 35 | 98.5% | 18% | 2.8 | 112 | $1,323 | researched Sep 30 |
| 48134 | Flat Rock | $340,000 | $191 | -6.8% | 35 | 103% | — | — | — | $1,088 | researched Sep 30 |
| 48135 | Garden City | $209,900 | $165 | +2.4% | 45 | 98.5% | 12% | 2.3 | 42 | $1,150 | researched Sep 30 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
The county serves as a major economic hub for the Detroit-Warren-Dearborn metro area, anchored by the automotive industry and a diverse manufacturing base.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Michigan) — Disabled Veterans Homestead Exemption: Provides an exemption from property taxes levied for school operating purposes and potentially other local taxes depending on eligibility. State (Michigan) — General Property Tax Act: Property is assessed at 50% of true cash value (State Equalized Value). Taxable value is capped at the lesser of the state equalized value or the previous year's taxable value adjusted by the consumer price index (up to 5%), unless a transfer of ownership occurs.
The economy is heavily influenced by the automotive sector and manufacturing, with significant employment concentration in the Detroit-Warren-Dearborn metropolitan area.
- Little Caesars Arena4.615 mi
- Comerica Park4.715.2 mi
- Ford Field4.615.4 mi
- Michigan Stadium4.821.1 mi
- Huntington Place4.515 mi
- Ambassador Bridge413.6 mi
- Comerica Park4.715.2 mi
- Henry Ford Museum of American Innovation4.85.5 mi
- Detroit Zoo4.516.7 mi
- Detroit Institute of Arts4.814.9 mi
- Henry Ford Museum of American Innovation4.85.5 mi
- Detroit Institute of Arts4.814.9 mi
- Greenfield Village4.85.6 mi
- Michigan Central4.813.6 mi
- Motown Museum4.713.9 mi
- Campus Martius Park4.715.2 mi
- Detroit Riverwalk4.816 mi
- Maybury State Park4.814.3 mi
- Matthaei Botanical Gardens4.816.8 mi
- Lower Huron Metropark - Turtle Cove Family Aquatic Center4.58.4 mi
- Motor City Marina4.510.2 mi
- Sandy's Marina4.47.2 mi
- Wyandotte Boat Club4.611.1 mi
- Boaters Value Store4.710.2 mi
- Ecorse Boat Ramp3.810.1 mi
- Fox Hills Golf & Banquet Center4.614.3 mi
- Big Time Entertainment4.415.9 mi
- Western Golf & Country Club4.68.1 mi
- Novi Putting Edge4.216.6 mi
- Tanglewood Golf Course4.417.3 mi
- Twelve Oaks Mall4.416.2 mi
- Devonshire Mall4.317 mi
- Fairlane Town Center4.16.4 mi
- Windsor Crossing Premium Outlets4.216.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Data retrieved from U.S. Census Bureau profile for Wayne County, MI.
applies when — Real property owned and used as a homestead by a disabled veteran or their surviving spouse.
Provides an exemption from property taxes levied for school operating purposes and potentially other local taxes depending on eligibility.
MCL 211.7b
applies when — Delinquency in real property tax payments.
A three-year forfeiture and foreclosure process. Property is forfeited to the county treasurer after two years of delinquency. If taxes remain unpaid by March 31 of the third year, the property is foreclosed upon by the Foreclosing Governmental Unit.
General Property Tax Act, Public Act 206 of 1893; MCL 211.78k
applies when — Transfer of interest in real estate consisting of not less than 1 or more than 4 residential dwelling units.
Sellers must provide a written disclosure statement to prospective buyers regarding the condition of the property, including known defects.
Seller Disclosure Act, Act 92 of 1993
Property is assessed at 50% of true cash value (State Equalized Value). Taxable value is capped at the lesser of the state equalized value or the previous year's taxable value adjusted by the consumer price index (up to 5%), unless a transfer of ownership occurs. The tax is calculated by multiplying the taxable value by the local millage rate.
General Property Tax Act, Public Act 206 of 1893
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.