Is Wyandotte, MI 48192 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Wyandotte is a seller’s market. With about 2 months of supply and 45% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score84/ 100

More competitive than 89% of U.S. ZIP codes, and #57 of 510 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2Under 4 months = seller’s market
Sold above original list45%Share of sales, last 3 months
Median sale-to-list101%Sold price ÷ list price
Median days on market20Listing to accepted offer
Median price per sq ft$152▼ −2.4% vs. last year

The Wyandotte housing market right now

In the three months ending August 31, 2026, 45% of homes in Wyandotte, MI 48192 sold above their list price, the typical home went under contract in 20 days and there were 2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 94 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (45% then), homes sold more slowly (17 days then) and the median sale price fell 5% to $209,909. Overall, Wyandotte is about as competitive as it was a year ago.

Within Wayne County, homes here sell faster than in 60% of the county’s ZIP codes, and sell more often over asking than in 74%. On our competition score, Wyandotte ranks #57 of 510 MI ZIP codes with enough sales (score 84 out of 100).

Nearby, buyers who want less competition could look at Dearborn 48120 (0% sold over asking) or Detroit 48201 (5% sold over asking), while Dearborn 48128 (72% sold over asking) and Livonia 48154 (59% sold over asking) are even more competitive.

Nearby markets

Allen Park 48101Seller’s market $145 /sq ftBelleville 48111Seller’s market $184 /sq ftCanton 48187Seller’s market $196 /sq ftCanton 48188Seller’s market $192 /sq ft Browse all markets →

Where Wyandotte is

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Questions about Wyandotte real estate

Is Wyandotte a buyer’s or seller’s market?

A seller’s market: there were 2 months of supply in Wyandotte, MI 48192 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Wyandotte?

The typical home went under contract in 20 days in the latest three months.

Do homes in Wyandotte sell over asking?

45% of homes sold above their original list price, and the typical sale closed at 101.0% of the list price.

What are property taxes in Wyandotte?

About 1.63% of a home’s value a year in Wayne County, or roughly $6,520 on a $400,000 home.

What is the median home price in Wyandotte?

The median sale price was $209,909 in the three months ending August 31, 2026, about $152 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology