48184, Wayne, MI

The 48184 zip code of Wayne, MI has a median home value of $101,000 and a median home equity value of $111,000. The zip code is home to approximately 2,500 residents.

According to Zillow’s Home Value Index report for September 2018, the average list price for homes in the 48184 zip code was $123,200. The average sale price was $128,800. This indicates that there has been an increase in the median home value and home equity values since September 2018.

The percentage of homeowners in the 48184 zip code who have equity in their homes is 79%. This is higher than the statewide percentage of homeowners who have equity in their homes (68%). It is also higher than the national percentage of homeowners who have equity in their homes (64%).

There are several factors that could contribute to this increase in homeowner equity values in the 48184 zip code. These include low interest rates and increased demand for housing due to population growth and job opportunities.