Coming soon
$1,769 Closing Credit¹
#25009396, Ali Shebley, Listing Office: REIMC
Wayne County Housing Market Report February 2025•Wayne County, Michigan
Housing Prices in Wayne County, MI
How much do homes in Wayne County, MI cost?
Housing Market Conditions
Is Wayne County, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Wayne County is a Neutral Market
Difference Since February 2024
At the same time last year, Wayne County was a Seller's Market.
Insight
Wayne County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
$196,111$128/SqFt
+$15,819
+8.8%
Based on all homes sold in the last 12 months
Insight
Homes in Wayne County have sold for 8.8% more than they did a year ago.
Summary: The median home sold price in Wayne County was $196,111 in February 2025, up 8.8% from last year, and the median price per square foot was $128.
Median Sold Price By Counties
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Wayne County | $180.2K | $196.1K | +8.8% |
| Macomb County | $236.2K | $255.2K | +8.0% |
| Oakland County | $335.4K | $354.8K | +5.8% |
| Monroe County | $235.8K | $245K | +3.9% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $107.5K | $120K | +11.6% |
| 22 Bedrooms | $140.4K | $150K | +6.8% |
| 33 Bedrooms | $170.7K | $184.9K | +8.4% |
| 44 Bedrooms | $309.3K | $345.5K | +11.7% |
| 55+ Bedrooms | $324.7K | $364K | +12.1% |
Summary: Wayne County housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +11.6%. The home price for 2 bedroom homes increased by +6.8%. The home price for 3 bedroom homes increased by +8.4%. The home price for 4 bedroom homes increased by +11.7%. The home price for 5 bedroom homes increased by +12.1%.
How does Wayne County, MI compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Wayne County, MI
Housing supply in Wayne County, MI
How many homes are available in Wayne County, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 5,787Last MonthFeb 2025 | ||
| 5,5312 months agoJan 2025 | +4.6 % Change MoMJan – Feb |
Summary: The Wayne County real estate market had 5,787 homes for sale in Feb 2025, a 4.6 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 927Last MonthFeb 2025 | ||
| 1,0882 months agoJan 2025 | -14.8 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 119 | 135 | +13.4% |
| 22 Bedrooms | 931 | 988 | +6.1% |
| 33 Bedrooms | 3,288 | 3,421 | +4.0% |
| 44 Bedrooms | 916 | 950 | +3.7% |
| 55+ Bedrooms | 277 | 293 | +5.8% |
Summary: Wayne County housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +13.4%. The inventory for 2 bedroom homes increased by +6.1%. The inventory for 3 bedroom homes increased by +4.0%. The inventory for 4 bedroom homes increased by +3.7%. The inventory for 5 bedroom homes increased by +5.8%.
Asking Price vs. Sold Price
How much do homes in Wayne County, MI cost?
Over Asking Price280 Homes
At Asking Price168 Homes
Under Asking Price478 Homes
Insight
If you're buying a home in Wayne County, you may be able to get a good deal. 51.6% of homes here sold below asking price last month.
Summary: A total of 927 homes were sold or pending in Wayne County in February 2025, down by 14.8% month-over-month. Of the 926 sold homes, 52% were sold under asking, 18% were sold at asking, and and 30% were sold over asking.
Days on Market for Wayne County, MI
How long does it take to sell a home in Wayne County, MI?
Breakdown of Home Sale Times
Under 30 Days518 Homes
30 – 90 Days277 Homes
Over 90 Days132 Homes
Insight
Many homes in Wayne County are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 927 homes were sold in Wayne County; 56% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 41 DaysThis YearFeb 2025 | ||
| 34 Days1 year agoFeb 2024 | +19.1 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Wayne County had an average listing age of 41 days in Feb 2025, up by 19.1% compared to the previous year.
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Newest Listings in Wayne County, MI
What homes are available in Wayne County, MI?
Coming soon
$3,147 Closing Credit¹
#20250015461, Alexander Zachary, Listing Office: Berkshire Hathaway HomeServices The Loft Warehouse
8 hours on Rocket
$10,000 Closing Credit¹
#50168591, Mary Aubrey-Rogers, Listing Office: Sine & Monaghan LLC
8 hours on Rocket
$593 Closing Credit¹
#20250016782, Scott Fader, Listing Office: Joseph Walter Realty, LLC
9 hours on Rocket
$4,453 Closing Credit¹
#20250016025, Angie Sierra Reynoso, Listing Office: RE/MAX City Centre
9 hours on Rocket
$4,096 Closing Credit¹
#20250016578, Daniel Ericksen, Listing Office: OConnor Realty Detroit, LLC
9 hours on Rocket
$3,561 Closing Credit¹
#20250016326, Jolene L Jacobs, Jammie Sumrall, Listing Office: Good Company
9 hours on Rocket
$879 Closing Credit¹
#20250016755, Zena Berri, Hassan Hammoud, Listing Office: U.S. Investor Group
Coming soon
$1,544 Closing Credit¹
#20250013133, Michael Perna, Todd Blair, Listing Office: EXP Realty Main
Coming soon
$1,816 Closing Credit¹
#81025009365, Ehsan Ouza, Listing Office: Network Realty LLC
9 hours on Rocket
$5,344 Closing Credit¹
#20250016744, Adam W Soroka, Listing Office: @properties Christies Intl R.E. Detroit
9 hours on Rocket
$4,976 Closing Credit¹
#20250015836, Tina M Doyle, Listing Office: Keller Williams Advantage
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Based on information from RealComp II Ltd., Michigan Regional Information Center LLC, MiRealSource Inc. DL, Northern Great Lakes Realtors MLS, and Greater Lansing MLS for the period 03/01/2023 - 03/01/2025
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
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Last updated on: 3/13/2025, 12:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Last updated on: 3/13/2025, 12:21:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright © 2025 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 12:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 12:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.Copyright © 2025 Greater Lansing Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 12:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.