Zip 48088 (Warren, MI) Housing

Housing in 48088 Warren, MI is a great value compared to the US median. The median value for homes in this area is $220,400 which is significantly lower than the US median of $338,100. Despite the lower median price point, the appreciation in this area has been strong with a 1 year appreciation rate of 7.58%, just slightly under the national average of 8.27%. Investing in real estate here could be a good option for anyone looking to get into the market without having to pay an exorbitant price.

The median home cost in Warren (zip 48088) is $220,400. Home appreciation the last 10 years has been 116.4%. Home Appreciation in Warren (zip 48088) is up 10.8%.

Average Age of Homes

- The median age of Warren (zip 48088) real estate is 51 years old

The Rental Market in Warren (zip 48088)

- Renters make up 12.5% of the Warren (zip 48088) population
- 0.4% of houses and apartments in Warren (zip 48088), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Warren, Michigan	United States
	9,810.0	139,647,020.0
	55	42
	$220,400	$338,100
	10.8%	16.6%
	47.2%	57.0%
	116.4%	101.1%
	$17.96	$10.98
	$2,936	$2,690
	83.1%	57.4%
	1.7%	11.2%
	15.2%	31.4%
Vacant Housing
	0.4%	1.9%
	0.0%	0.4%
	0.1%	0.7%
	0.0%	0.4%
	0.1%	3.6%
	1.2%	4.1%
Value of Owner-Occupied Housing
	1.7%	2.6%
	0.1%	2.4%
	2.9%	2.8%
	1.5%	3.9%
	3.2%	4.5%
	22.2%	11.3%
	53.9%	13.0%
	13.6%	20.1%
	0.5%	13.6%
	0.1%	8.3%
	0.1%	9.7%
	0.1%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	0.9%	13.6%
	0.9%	13.6%
	1.0%	13.6%
	5.6%	13.2%
	15.6%	14.8%
	1.0%	13.6%
	10.4%	10.0%
	1.1%	4.7%
	0.9%	12.2%

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