Buildocrat US Land Value Book

Land and home values in Wayne County, Michigan

Wayne County (metro core, Detroit-Warren-Dearborn, MI) covers 612 square miles and 627 census tracts. Residential land is about $3.76 per sq ft at the county median, from $0.86 in its most rural tracts to $13.50 in its most valuable. The typical home is worth about $191,000 and a 2-bedroom rents for about $1,340 a month, as of October 12, 2026.

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County values

Land: residential$3.76per sq ft
Land: residential$163,655per acre
Land: quarter-acre lot$40,91410,890 sq ft
Land: farmland$21,000per acre
Home: typical (median)$191,000value
Home: entry-level$140,000lower quartile
Home: upper-end$245,000upper quartile
Build new$194per sq ft, no land
Rent: 1-bedroom$1,060per month
Rent: 2-bedroom$1,340per month
Rent: 3-bedroom$1,640per month
Rent: 4-bedroom$1,780per month
Gross yield, 2-bed8.4%a year

Price tiers

TierTractsLand $/sq ftTypical homeRent 2-bed
Top tier28$14.90$625,000$1,540
Upper67$9.99$382,000$1,540
Mid149$5.83$251,000$1,400
Entry340$1.90$103,000$1,280
Rural43$4.83$212,000$1,290

Tiers rank neighborhoods by home value within each metro area; outside metro areas they follow how built-up the land is. They describe prices only.

Cities and towns

Highest-value places

PlaceTypeLand $/sq ftTypical home
Lexington CommonsSubdivision$27.40$657,000
St. Lawrence EstatesSubdivision$27.00$690,000
Sunset AdditionSubdivision$26.90$529,000
Ole VillageSubdivision$26.80$612,000
Hillcrest ManorSubdivision$26.70$692,000
Blunk AdditionSubdivision$26.70$525,000
MardaleSubdivision$26.30$528,000
Maple Croft SubSubdivision$26.10$547,000

Questions people ask

How much is land worth in Wayne County, MI?

Residential land in Wayne County, MI is about $3.76 per square foot, or $163,655 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $40,914. Smaller lots sell for more per square foot and large tracts for less.

What is the typical home value in Wayne County, MI?

The typical (median) home in Wayne County, MI is worth about $191,000, with entry-level homes around $140,000 and upper-end homes around $245,000, as of October 2026.

How much is rent in Wayne County, MI?

A 2-bedroom rents for about $1,340 a month in Wayne County, MI, a 1-bedroom about $1,060 and a 3-bedroom about $1,640 (gross rent including utilities, HUD Fair Market Rent basis).

How much is farmland per acre in Wayne County, MI?

Farmland averages about $21,000 an acre in Wayne County, MI (USDA, including buildings), well below residential land.

Is this an appraisal?

No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.

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