The story of this market
The typical home in ZIP 48184 sells for about $187,400, or $158 per square foot.
Prices are up +5.9% from a year ago, so sellers still have some momentum. Homes take about 54 days to sell. HUD's fair market rent for a two-bedroom is $974 a month.
ZIP 48184 — Wayne
The housing market in 48184 is characterized by high affordability but faces headwinds from elevated vacancy rates and a slower pace of demand. While home values have seen modest year-over-year growth, the rental market remains challenging for investors due to potential delinquency and maintenance costs. Several metrics, including closed sales and specific tax history, were not available at the ZIP level and have been omitted.
This ZIP is primarily suited for budget-conscious buyers and investors looking for a low-cost entry point, though it requires careful due diligence regarding property condition and vacancy risks.
Median prices moved up 5.9% year over year.
Homes spend a median of 54 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 10.3% · poverty 15.7% — a mixed stability profile.
ZCTA 48184, Wayne County MI
The area has a long history of automotive and transportation-related manufacturing, which remains a core component of the local economic identity.
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.
Located approximately 18 miles southwest of downtown Detroit, the area serves as a western suburb with access to major regional transit corridors.
The area is bisected by the Lower River Rouge and features local parks and community amenities typical of a mature suburban environment.
The rental market shows signs of pressure with an elevated vacancy rate of 9.4%, suggesting potential challenges for investors regarding demand and delinquency.
The local economy is historically anchored by automotive and transportation manufacturing, with proximity to the broader Metro Detroit industrial base.
The area is served by a network of regional roads and is positioned as a western suburb of Detroit, facilitating commute access to the metro core.
Data aggregated from Census ACS and DHC profiles for ZCTA 48184.
- Little Caesars Arena4.617.9 mi
- Comerica Park4.718.2 mi
- Ford Field4.618.4 mi
- Michigan Stadium4.818.1 mi
- Huntington Place4.518 mi
- Henry Ford Museum of American Innovation4.88.4 mi
- Greenfield Village4.88.6 mi
- Emagine Canton4.63.5 mi
- MJR Westland Grand Cinema 164.44 mi
- Dave & Buster's Livonia410.5 mi
- Henry Ford Museum of American Innovation4.88.4 mi
- Detroit Institute of Arts4.817.8 mi
- Greenfield Village4.88.6 mi
- Michigan Central4.816.6 mi
- Motown Museum4.716.8 mi
- Maybury State Park4.812.5 mi
- Lower Huron Metropark - Turtle Cove Family Aquatic Center4.57.1 mi
- Heritage Park4.78.4 mi
- Ford Field Park4.68 mi
- Heritage Park4.65.2 mi
- Sandy's Marina4.45.1 mi
- Fox Hills Golf & Banquet Center4.611.7 mi
- Western Golf & Country Club4.69.4 mi
- Lakes of Taylor Golf Course4.37.4 mi
- Oasis Golf Center48.5 mi
- Eagle Crest Golf Club4.411.7 mi
- Fairlane Town Center4.19.2 mi
- Meijer4.19.8 mi
- Meijer4.211.1 mi
- Cantoro's Italian Market - Plymouth4.78.6 mi
- Southland Center4.29 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A natural feature that bisects the city and serves as a local landmark.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).