Macomb, MI—48042
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Macomb, MI
Home Price Trends — Macomb, MI
As of Oct '25, the median home price in Macomb, MI is $427,000, with a year-over-year change of 6.9%. This indicates that home prices in Macomb, MI are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $427,000 | 6.9% |
| Single Family | $444,000 | 5.2% |
| Condos | $362,000 | 8.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $327,000 | 6.2% |
3 Bed | $436,000 | 4.3% |
4 Bed | $506,000 | 4.3% |
| 5 Bed | $545,000 | 3.0% |
% of Housing Stock
Rental Trends — Macomb, MI
As of July '25, Rentcast reports the average rent in Macomb, MI is $2,880, with a year-over-year rent change of 16.6%. Per bedroom, the median rent as of July '25 in Macomb, MI is 2-bedrooms: $2,130, 3-bedrooms: $2,990, 4-bedrooms: $3,410. The most common rental property sizes in Macomb, MI are 2-bedroom and 3-bedroom, accounting for 63.9% and 25.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,850 | $2,880 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,260 | $2,130 |
| 3 Bed Rent | $2,950 | $2,990 |
| 4 Bed Rent | $3,400 | $3,410 |
% of Rental Stock
Property Listings — Macomb, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Macomb, MI is 47. This is a increase of 17.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $590,000 | 8.0% |
Listing Count | 212 | 27.0% |
| Listings as % of Homes | 1.0% | 27.0% |
Days on Market | 47 | 17.0% |
Demographics — Macomb, MI
As of the latest ACS Survey released in 2023, Macomb, MI has a population of 33,300, which has increased by 8.7% over the past 5 years. Macomb, MI is a moderately popular place for families, as children make up 23.9% of the population. The area has a moderately educated workforce, with 39.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 33,300 | 8.7% |
% Under 18 | 23.9% | -12.1% |
% Seniors | 17.6% | 15.8% |
% WFH | 13.0% | 319.4% |
% w/ College Degree | 39.1% | 22.2% |
As of the latest ACS Survey released in 2023, Macomb, MI is a predominantly white area, with 92.9% of the population identifying as white. The white population has grown by 2.2% in the last 5 years. The second most common race or ethnicity in Macomb, MI is asian, making up 2.1% of the population. Foreign-born residents account for 8.1% of the population in Macomb, MI, and this percentage has decreased by 3.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.9% | 2.2% |
% Black | 1.5% | -34.8% |
% Hispanic | 1.8% | -30.8% |
% Asian | 2.1% | -34.4% |
% Foreign Born | 8.1% | -3.6% |
Mortgage and Risk — Macomb, MI
According to HUD data as of 2023, there were 857 mortgage originations in Macomb, MI, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Macomb, MI. Investor activity is low, as 0.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 857 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Macomb, MI
Macomb, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | 0.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,310 |
| 2 Bedroom | -$600 | $2,260 | $1,660 |
| 3 Bedroom | -$920 | $2,950 | $2,030 |
| 4 Bedroom | -$1,200 | $3,400 | $2,200 |
Affordability — Macomb, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $427,000 |
| Median Household Income | $125,000 |