The housing market in 48044 Macomb, MI is a great opportunity for potential homeowners and investors alike. The median house value in the area is $371,700 which is slightly higher than the US median house value of $338,100. In addition, the one year appreciation rate of 7.58% is slightly lower than the national average of 8.27%. This makes Macomb an attractive option for those looking to invest in property or purchase a home as they are likely to see appreciation over time.
The median home cost in Macomb (zip 48044) is $371,700. Home appreciation the last 10 years has been 116.4%. Home Appreciation in Macomb (zip 48044) is up 10.8%.
Average Age of Homes
- The median age of Macomb (zip 48044) real estate is 20 years old
The Rental Market in Macomb (zip 48044)
- Renters make up 9.0% of the Macomb (zip 48044) population
- 0.5% of houses and apartments in Macomb (zip 48044), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.