48184 — Wayne County, Michigan Market Snapshot
Housing market data for zip code 48184 in Wayne County, Michigan. Updated monthly with median prices, days on market, and more.
Market Sales Data
46 sales in 2026 (year to date)
Median Sale Price
$175,050
Days to Sell
22
Homes Sold
46
Inventory
12
Sale-to-List
100.5%
New Listings
47
Price/SqFt
$145
Pending Sales
52
Conforming Loan Available
Most homebuyers in 48184 can comfortably use conventional financing. The median home price of $175,050 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
Homes in 48184 are moving quickly at 22 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes are selling very close to asking price in 48184 (100.5% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 48184 can comfortably use conventional financing. The median home price of $175,050 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 48184 are set at the county level.
2026 Loan Limits — Wayne County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 48184
To purchase the median home at $175,050 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,491.
Monthly Payment
$1,491
Income Required
$63,907
Principal & Interest
$1,079/mo
Down Payment (5%)
$8,753
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 48184.
Estimated Monthly Payment
$1,233
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 48184. Tell us what you're looking for.