Zip 48092 (Warren, MI) Housing

The housing market in Warren, MI (48092) is strong, with the median value of homes currently at $219,900. This is lower than the US house median value of $338,100, but it has still seen a 7.58% appreciation over the last year which is only slightly lower than the national average of 8.27%. The area continues to be a desirable place to live due to its convenient location within the suburbs of Detroit as well as its excellent schools and burgeoning job market. Therefore, those looking to invest in real estate should keep an eye on Warren as it could be a great way to make considerable returns.

The median home cost in Warren (zip 48092) is $219,900. Home appreciation the last 10 years has been 116.4%. Home Appreciation in Warren (zip 48092) is up 10.8%.

Average Age of Homes

- The median age of Warren (zip 48092) real estate is 52 years old

The Rental Market in Warren (zip 48092)

- Renters make up 21.9% of the Warren (zip 48092) population
- 1.3% of houses and apartments in Warren (zip 48092), 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
	11,069.0	139,647,020.0
	55	42
	$219,900	$338,100
	10.8%	16.6%
	47.2%	57.0%
	116.4%	101.1%
	$18.71	$10.98
	$3,136	$2,690
	75.1%	57.4%
	5.1%	11.2%
	19.8%	31.4%
Vacant Housing
	1.3%	1.9%
	0.7%	0.4%
	0.5%	0.7%
	0.7%	0.4%
	0.5%	3.6%
	1.3%	4.1%
Value of Owner-Occupied Housing
	1.4%	2.6%
	0.5%	2.4%
	1.3%	2.8%
	1.9%	3.9%
	4.4%	4.5%
	24.4%	11.3%
	40.4%	13.0%
	21.1%	20.1%
	3.4%	13.6%
	0.7%	8.3%
	0.2%	9.7%
	0.1%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	6.2%	13.6%
	6.2%	13.6%
	5.1%	13.6%
	7.5%	13.2%
	11.4%	14.8%
	5.1%	13.6%
	22.0%	10.0%
	3.0%	4.7%
	2.5%	12.2%

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