Wyandotte, MI Home Values & Market Trends
Real estate market trends reflect that there have been 407 transactions over the past year in Wyandotte. The median value for residential home transactions that occurred over the previous year is $169,080.3. The number of current listings in Wyandotte is 35, and the percentage of properties for sale in the city is 35.00%. Wyandotte, MI currently has 12 properties in foreclosure, 2 bank owned properties, 10 properties headed for auction, and 35 properties for sale.
Wyandotte, MI Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 48192 | $ 163,670 $ 145/sqft |
Housing Market Summary for Wyandotte, MI
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $174.9K | $166.7K | -4.69% |
| Median Sold Price | $178.2K | $166.7K | -6.42% |
| Homes For Sale | 28 | 25 | -10.71% |
| Homes Sold | 296 | 222 | -25.00% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Wyandotte, MI
Browse Homes in Wyandotte, MI
Wyandotte home values range from $21,308 to $945,892. The median estimated value of a home in Wyandotte is $169,080.3. The median list price of a home is 199,900, and the total count of properties in the city is 9,941.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Wyandotte, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Wyandotte, MI; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Wyandotte, MI ranges from the highest value of $176,413 in 48192 to the lowest value of $155,391 in 48192. Bank owned homes and properties account for 0.02% of properties in Wyandotte, MI. There is 1 zips within Wyandotte, MI; 48192 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions48192 has 10 auction properties, the highest number of properties going to auction in a single zip in the state of Wyandotte, MI. Auction homes and other auction properties account for 0.10% of all properties in Wyandotte, MI. There is 1 zips within Wyandotte, MI; of that zips, the median estimated home value for homes going to auction ranges from $498,078 in 48192 to the lowest value of $96,810 in 48192.
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Guide for Wyandotte, MI
Explore the nuances of Michigan’s 2023 real estate market, where rising property values meet shifting sold prices and distressed properties offer investment opportunities amidst a stable yet competitive landscape.
Lansing’s real estate market has seen substantial growth in home values and sales prices from April 2023 to March 2024, positioning the city as an attractive investment prospect.
The 2023 Detroit real estate market trend showed steady average listing values and an increase in property sales, with neighboring cities displaying more fluctuation but higher property values. This reflects the city’s resilience amidst an unpredictable industry landscape.
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