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WAYNE, MI 48184

Real Estate Market Report  ·  Wayne County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
40
⇩ 2.4% vs 41 last year
Pending
16
40% pending ratio
Median Price
$164,900
⇧ 1.8% vs $161,975 last year
Average Price
$214,308
⇧ 17.2% vs $182,869 last year
Days on Market
60
⇧ 30.4% vs 46 days last year

Market Context

Population: 17,860  ·  Density: 957.8/mi²  ·  Median household income: $52,957

Typical home value: $126,883  ·  Homeownership: 60.1%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The WAYNE, MI real estate market (48184) currently shows 40 active listings, with 16 pending sales. Homes are averaging 60 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 60 days on market compared to 46 days last year.

The median listing price has risen 1.8% year-over-year, from $161,975 to $164,900.

Whether you are buying or selling in WAYNE, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 40 this year vs 41 last year
  • Days on market: 60 now vs 46 last year

Median & Average Pricing

Year over Year
  • Median: $164,900 (+1.8% YoY)
  • Average: $214,308 (+17.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 11.1 miles — 1,034 listings ($265,871,192 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48184Wayne, MI 481840.0 mi40$8,572,320$164,900$214,308
48185Westland, MI 481854.3 mi73$17,850,398$239,900$244,526
48135Garden City, MI 481354.4 mi56$13,021,176$221,200$232,521
48174Romulus, MI 481745.0 mi80$18,623,520$197,400$232,794
48125Dearborn Heights, MI 481256.6 mi74$14,710,090$169,900$198,785
48127Dearborn Heights, MI 481277.2 mi57$19,072,599$269,500$334,607
48128Dearborn, MI 481287.6 mi24$9,344,640$349,350$389,360
48111Belleville, MI 481118.1 mi111$42,973,095$382,490$387,145
48239Redford, MI 482399.0 mi107$19,557,032$184,950$182,776
48170Plymouth, MI 481709.6 mi86$61,700,700$535,000$717,450
48164New Boston, MI 4816410.2 mi32$11,151,072$359,999$348,471
48228Detroit, MI 4822810.7 mi270$25,375,950$85,000$93,985
48122Melvindale, MI 4812211.1 mi24$3,918,600$159,950$163,275

Frequently Asked Questions

How many homes are for sale in WAYNE, MI 48184?

As of January 2026, there are 40 active listings in WAYNE, MI (zip code 48184), compared to 41 the prior year.

What is the median home price in WAYNE, MI 48184?

The median listing price in WAYNE, MI 48184 is $164,900 as of January 2026, a 1.8% increase from $161,975 the prior year.

How long do homes stay on the market in WAYNE, MI?

Homes in WAYNE, MI 48184 spend an average of 60 days on the market before going under contract, compared to 46 days the prior year.

Is it a seller's or buyer's market in WAYNE, MI 48184?

Based on current inventory and days-on-market data as of January 2026, WAYNE, MI 48184 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 60 days on market compared to 46 days last year.

How much can I save on real estate commission in WAYNE, MI?

With SELL123.com's maximum 3% commission, sellers in WAYNE, MI 48184 save an estimated $3,298 compared to a typical 5% commission on the median listing price of $164,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.