Wayne County Home Sales Overview (Aug. 26 – Sept. 1, 2024)

Wayne County Home Sales Overview (Aug. 26 – Sept. 1, 2024)

Wayne County saw a busy week in real estate with 499 homes sold between August 26 and September 1, 2024. The transactions reflected a mix of property types and locations across the county, highlighting both affordability and higher-end options for home buyers.

Median Sale Details

The median sale price within this period was marked by a home located on Blackfoot Street in Westland, which sold for $185,000. This house had a total area of 1,528 square feet, showcasing the county’s offering of spacious yet affordable homes.

Sales by City

Allen Park

In Allen Park, homes sold ranged from $127,502 for a 924 square foot property on Allen Road to $277,500 for a 1,655 square foot house on Buckingham Court, indicating a competitive market with prices influenced by location and amenities.

Belleville

Belleville’s home sales were also varied, with prices starting at $70,000 for a substantial 1,755 square foot property on Dunn Road and reaching up to $295,000 for a 1,779 square foot home on Savage Road.

Canton

Canton figured prominently in sales, with multiple transactions surpassing the $300,000 mark. A highlight included a home on Brookhaven Road, which sold for $398,000 and offered 2,018 square feet of space.

Dearborn

Dearborn’s market also demonstrated activity with sales going up to $495,000 for a 1,924 square foot property on Elmwood Court, illustrating the demand for larger family homes in this city.

Detroit

Detroit’s sales showcased a wide spectrum, with properties selling as low as $5,500 for distressed homes to high-end sales like $500,000 for well-maintained larger properties. This reflects the ongoing redevelopment efforts within the city.

Westland

In Westland, homes sold ranged from a low of $15,000 for a 863 square foot home on Caseville Court, to $484,900 for a spacious 2,515 square foot house, underscoring the mixed landscape of the housing market here.

Riverview and Romulus

Riverview’s home sales ranged from $200,000 to $620,000, while Romulus saw homes sell for as low as $105,223, offering options for both budget-conscious buyers and those seeking larger homes.

Market Insights

The diversity in pricing reflects the ongoing dynamics in the housing market throughout Wayne County. Not only do home buyers have a variety of sizes and styles to choose from, but they are also finding options that cater to different price points and preferences.

In conclusion, the properties sold last week across Wayne County illustrate that while some areas are booming with higher end luxury homes, there are still plenty of affordable options available for first-time buyers or investors. The county continues to attract a variety of homeowners due to its range of neighborhoods and property styles.