52Alpha

Wayne County, MI Housing Market Brief

county · MI · score computed October 2026

Balanced

What is Wayne County, MI’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
●67
Inventory Health25%
●17

Population band 5 of 5 (population 103,008–9,808,667) · comparable within its band

Affordability20%
●49
Economic Strength20%
●59
Rental Yield15%
●83

Where is Wayne County, MI in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Wayne County, MI is classified as Growing — strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Wayne County, MI?

County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Wayne County, MI housing market data

MetricValueYoYSource
Median Sale Price$217K▲ +4.3%Redfin
Median Days on Market28 days▲ +12%Redfin
Months of Supply3.9▲ +18.2%Redfin
Homes for Sale5,858▲ +3.8%Redfin
Homes Sold1,499▼ -11.2%Redfin
Median Price / Sq Ft$126▼ -10%Redfin

How has Wayne County, MI’s Alpha Score moved?

Now: 52
2-period trend
Median sale price · 12 mo

Markets like Wayne County, MI

Frequently asked questions

Is Wayne County, MI a buyer's or seller's market?

In the scores computed October 2026, Wayne County, MI is classified as a Balanced Market, based on its Alpha Score of 52 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Wayne County, MI?

The median sale price in Wayne County, MI is $217K, having risen 4.3% over the past year, according to Redfin.

How affordable is Wayne County, MI?

Wayne County, MI scores 49 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Wayne County, MI's Alpha Score?

Wayne County, MI's strongest dimension is Rental Yield (83/100) and its weakest is Inventory Health (17/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Wayne County, MI? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.