51Alpha

Wayne County, MI Housing Market Brief

county · MI · as of May 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%
+2.862
Inventory Health25%
-0.741
Affordability20%
48
Economic Strength20%
47
Rental Yield15%
66

Where is Wayne County, MI in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

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

Wayne County, MI housing market data

MetricValueYoY
Median Sale Price$225K▲ +4.6%
Median Days on Market22 days▲ +15.8%
Months of Supply3.3▲ +37.5%
Homes for Sale4,689▲ +6.7%
Homes Sold1,441-21.7%
Median Price / Sq Ft$156▲ +6.3%
Sale-to-List Ratio99.0%-0.1%

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

Now: 51
3-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?

As of May 2026, Wayne County, MI is classified as a Balanced Market, based on its Alpha Score of 51 out of 100. The classification reflects current price, inventory, 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 $225K, having risen 4.6% over the past year.

How affordable is Wayne County, MI?

Wayne County, MI scores 48 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 (66/100) and its weakest is Inventory Health (41/100). 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.