Macomb, MI—48044
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 $408,000, with a year-over-year change of 5.4%. This indicates that home prices in Macomb, MI are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $408,000 | 5.4% |
| Single Family | $425,000 | 4.4% |
| Condos | $284,000 | 6.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $253,000 | 2.8% |
3 Bed | $390,000 | 3.2% |
4 Bed | $504,000 | 3.1% |
| 5 Bed | $559,000 | 3.3% |
% of Housing Stock
Rental Trends — Macomb, MI
As of July '25, Rentcast reports the average rent in Macomb, MI is $2,430, with a year-over-year rent change of 9.5%. Per bedroom, the median rent as of July '25 in Macomb, MI is 1-bedrooms: $1,210, 2-bedrooms: $1,780, 3-bedrooms: $2,570, 4-bedrooms: $3,420. The most common rental property sizes in Macomb, MI are 2-bedroom and 3-bedroom, accounting for 38.2% and 36.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,430 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,210 | $1,210 |
| 2 Bed Rent | $1,750 | $1,780 |
| 3 Bed Rent | $2,500 | $2,570 |
| 4 Bed Rent | $3,450 | $3,420 |
% 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 32. This is a increase of 19.0% 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 47.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $450,000 | -4.0% |
Listing Count | 171 | 35.0% |
| Listings as % of Homes | 0.4% | 35.0% |
Days on Market | 32 | 19.0% |
Demographics — Macomb, MI
As of the latest ACS Survey released in 2023, Macomb, MI has a population of 58,600, which has increased by 1.8% over the past 5 years. Macomb, MI is a popular place for families, as children make up 26.0% of the population. The area has a moderately educated workforce, with 36.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 58,600 | 1.8% |
% Under 18 | 26.0% | -1.5% |
% Seniors | 12.8% | 17.4% |
% WFH | 12.4% | 226.3% |
% w/ College Degree | 36.2% | 3.4% |
As of the latest ACS Survey released in 2023, Macomb, MI is a predominantly white area, with 84.3% of the population identifying as white. The white population has shrunk by 1.2% in the last 5 years. The second most common race or ethnicity in Macomb, MI is black, making up 6.3% of the population. Foreign-born residents account for 11.3% of the population in Macomb, MI, and this percentage has increased by 0.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 84.3% | -1.2% |
% Black | 6.3% | -1.6% |
% Hispanic | 2.8% | -6.7% |
% Asian | 3.5% | 2.9% |
% Foreign Born | 11.3% | 0.9% |
Mortgage and Risk — Macomb, MI
According to HUD data as of 2023, there were 1139 mortgage originations in Macomb, MI, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Macomb, MI. Investor activity is low, as 0.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,139 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Macomb, MI
As of 2024, the percent of homes in Macomb, MI under the Section 8 program is 0.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Macomb, MI, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% 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 | $60 | $1,210 | $1,270 |
| 2 Bedroom | -$150 | $1,750 | $1,600 |
| 3 Bedroom | -$540 | $2,500 | $1,960 |
| 4 Bedroom | -$1,330 | $3,450 | $2,120 |
Affordability — Macomb, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $408,000 |
| Median Household Income | $116,000 |