Market Overview
Home Prices in Wyandotte, MI
The median home value in Wyandotte, MI is $193,338 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.8% compared to a year ago and up 2.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Wyandotte are priced53% below average. Wyandotte is part of the Detroit-Warren-Dearborn, MI metro area.
Over the past five years, Wyandotte home values have risen by approximately22.2%, reflecting strong long-term appreciation in this market.
Price History
Wyandotte Home Price Trend
City Comparison
Wyandotte vs. National Median
At $193,338, homes in Wyandotte cost 53% below the national median of $410,000. This makes Wyandotte a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Wyandotte?
20% Down Payment
$38,668
on $193,338
Monthly P&I
$1,008/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,280/mo
incl. taxes & insurance
Income Needed
$51,200
gross annual (30% rule)
10% Down Option
$19,334
+ PMI applies
Loan Amount (20% dn)
$154,670
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Wyandotte, MI?
The median home value in Wyandotte is $193,338 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.8% year-over-year.
How much have home prices changed in Wyandotte?
Over the past year, home values in Wyandotte have increased by 1.8%. Over five years, prices have risen approximately 22.2%.
How much do I need to earn to buy a home in Wyandotte?
To comfortably afford the median home price of $193,338 with a 20% down payment ($38,668) at today's rates (6.8%), you'd need a gross annual income of approximately $51,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Wyandotte compare to the national average home price?
The national median home value is approximately $410,000. At $193,338, homes in Wyandotte are 53% below the national average.
What metro area is Wyandotte part of?
Wyandotte is part of the Detroit-Warren-Dearborn, MI metropolitan area. Home prices and market conditions can vary across the broader metro region.