Zip 48042 (Macomb, MI) Housing

The median value of housing in 48042 Macomb, MI is $390,200, which is higher than the national median of $338,100. The appreciation rate for housing over the last year in Macomb has been 7.58%, slightly lower than the US average of 8.27%. This shows a steadily increasing trend in home prices in this area. The favorable housing prices combined with its proximity to many nearby attractions make Macomb an attractive place for prospective homeowners and real estate investors alike.

The median home cost in Macomb (zip 48042) is $390,200. Home appreciation the last 10 years has been 116.4%. Home Appreciation in Macomb (zip 48042) is up 10.8%.

Average Age of Homes

- The median age of Macomb (zip 48042) real estate is 18 years old

The Rental Market in Macomb (zip 48042)

- Renters make up 3.0% of the Macomb (zip 48042) population
- 0.0% of houses and apartments in Macomb (zip 48042), 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	Macomb, Michigan	United States
	11,483.0	139,647,020.0
	20	42
	$390,200	$338,100
	10.8%	16.6%
	47.2%	57.0%
	116.4%	101.1%
	$15.96	$10.98
	$3,558	$2,690
	95.3%	57.4%
	2.3%	11.2%
	2.4%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.5%	0.7%
	0.0%	0.4%
	0.8%	3.6%
	1.0%	4.1%
Value of Owner-Occupied Housing
	0.6%	2.6%
	0.8%	2.4%
	0.5%	2.8%
	0.2%	3.9%
	0.3%	4.5%
	2.2%	11.3%
	6.5%	13.0%
	34.6%	20.1%
	41.8%	13.6%
	10.9%	8.3%
	1.5%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	36.0%	13.6%
	36.0%	13.6%
	32.7%	13.6%
	3.1%	13.2%
	2.9%	14.8%
	32.7%	13.6%
	4.4%	10.0%
	0.5%	4.7%
	1.5%	12.2%

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