Zip 48093 (Warren, MI) Housing

The median housing value in Warren, MI (48093) is $208,300, which is significantly lower than the national median of $338,100. The US house appreciation rate over the past year was 8.27%, while the appreciation rate for Warren's houses was 7.58% over the same period. Despite the fact that Warren's appreciation rate was slightly lower than the national average, it still experienced an overall increase in property values over the past year.

The median home cost in Warren (zip 48093) is $208,300. Home appreciation the last 10 years has been 116.4%. Home Appreciation in Warren (zip 48093) is up 10.8%.

Average Age of Homes

- The median age of Warren (zip 48093) real estate is 51 years old

The Rental Market in Warren (zip 48093)

- Renters make up 24.0% of the Warren (zip 48093) population
- 1.0% of houses and apartments in Warren (zip 48093), 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
	10,585.0	139,647,020.0
	55	42
	$208,300	$338,100
	10.8%	16.6%
	47.2%	57.0%
	116.4%	101.1%
	$19.86	$10.98
	$3,018	$2,690
	74.2%	57.4%
	3.7%	11.2%
	22.1%	31.4%
Vacant Housing
	1.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.6%	3.6%
	2.1%	4.1%
Value of Owner-Occupied Housing
	1.6%	2.6%
	1.6%	2.4%
	4.1%	2.8%
	5.2%	3.9%
	6.4%	4.5%
	29.4%	11.3%
	32.8%	13.0%
	16.5%	20.1%
	1.4%	13.6%
	0.1%	8.3%
	0.3%	9.7%
	0.1%	3.9%
	0.0%	2.2%
	0.2%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	1.2%	13.6%
	1.2%	13.6%
	3.4%	13.6%
	6.7%	13.2%
	20.2%	14.8%
	3.4%	13.6%
	19.2%	10.0%
	2.3%	4.7%
	2.5%	12.2%

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