Zip 48184 (Wayne, MI) Housing

The housing market in 48184 Wayne, MI is doing well. The median value of a house in the area is $148,100, which is lower than the US median value of $338,100. In addition, the 1-year appreciation rate for houses in this area has been 8.47%, higher than the national average of 8.27%. This indicates that the housing market in Wayne is performing better than other parts of the country and could be a great option for prospective homebuyers.

The median home cost in Wayne (zip 48184) is $148,100. Home appreciation the last 10 years has been 109.8%. Home Appreciation in Wayne (zip 48184) is up 13.1%.

Average Age of Homes

- The median age of Wayne (zip 48184) real estate is 60 years old

The Rental Market in Wayne (zip 48184)

- Renters make up 37.8% of the Wayne (zip 48184) population
- 1.2% of houses and apartments in Wayne (zip 48184), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Wayne, Michigan	United States
	7,707.0	139,647,020.0
	62	42
	$148,100	$338,100
	13.1%	16.6%
	49.3%	57.0%
	109.8%	101.1%
	$20.62	$10.98
	$2,260	$2,690
	53.0%	57.4%
	8.8%	11.2%
	38.2%	31.4%
Vacant Housing
	1.2%	1.9%
	0.6%	0.4%
	0.2%	0.7%
	1.1%	0.4%
	0.9%	3.6%
	4.9%	4.1%
Value of Owner-Occupied Housing
	1.8%	2.6%
	4.0%	2.4%
	8.6%	2.8%
	17.3%	3.9%
	12.8%	4.5%
	26.9%	11.3%
	18.2%	13.0%
	8.9%	20.1%
	1.1%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.3%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.3%	13.6%
	4.3%	13.6%
	5.6%	13.6%
	6.2%	13.2%
	15.2%	14.8%
	5.6%	13.6%
	28.3%	10.0%
	15.9%	4.7%
	9.0%	12.2%

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