Center Line, MI 48015 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Center Line, MI—48015

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$166,000

3.4% YoY Growth

Household Income

$52,900

23.7% YoY Growth

Days on Market

23.0% Longer YoY

Home Price Forecast

2.0%

Median Rent

$1,400

15.0% YoY Growth

1-Bed Rent

$573

0.0% YoY Growth

2-Bed Rent

$1,400

5.2% YoY Growth

3-Bed Rent

$1,400

4.5% YoY Growth

Home Price Trends — Center Line, MI

As of Nov '25, the median home price in Center Line, MI is $166,000, with a year-over-year change of 3.4%. This indicates that home prices in Center Line, MI are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$166,000	3.4%
Single Family	$167,000	3.1%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Center Line, MI

As of July '25, Rentcast reports the average rent in Center Line, MI is $1,250, with a year-over-year rent change of -15.0%. Per bedroom, the median rent as of July '25 in Center Line, MI is 1-bedrooms: $573, 2-bedrooms: $1,280, 3-bedrooms: $1,500. The most common rental property sizes in Center Line, MI are 2-bedroom and 1-bedroom, accounting for 40.3% and 21.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,400	$1,250
Studio Rent	N/A	N/A
1 Bed Rent	$573	$573
2 Bed Rent	$1,400	$1,280
3 Bed Rent	$1,400	$1,500
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

14.6%

1 Bedroom

21.0%

2 Bedrooms

40.3%

3 Bedrooms

19.2%

4 Bedrooms

4.9%

Property Listings — Center Line, MI

As of Nov '25, Realtor.com reports that the median days on market for a home in Center Line, MI is 40. This is a increase of 23.0% 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 46.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$175,000	5.0%
Listing Count	26	5.0%
Listings as % of Homes	0.4%	5.0%
Days on Market	40	23.0%

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Demographics — Center Line, MI

As of the latest ACS Survey released in 2023, Center Line, MI has a population of 8,450, which has increased by 1.7% over the past 5 years. Center Line, MI is a moderately popular place for families, as children make up 22.6% of the population. The area has a poorly educated workforce, with 18.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	8,450	1.7%
% Under 18	22.6%	2.3%
% Seniors	15.6%	-1.9%
% WFH	5.1%	240.0%
% w/ College Degree	18.7%	37.5%

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As of the latest ACS Survey released in 2023, Center Line, MI is a predominantly white area, with 50.7% of the population identifying as white. The white population has shrunk by 26.9% in the last 5 years. The second most common race or ethnicity in Center Line, MI is black, making up 29.5% of the population. Foreign-born residents account for 14.9% of the population in Center Line, MI, and this percentage has increased by 106.9% 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	50.7%	-26.9%
% Black	29.5%	39.8%
% Hispanic	4.0%	122.2%
% Asian	10.6%	92.7%
% Foreign Born	14.9%	106.9%

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Mortgage and Risk — Center Line, MI

According to HUD data as of 2023, there were 138 mortgage originations in Center Line, MI, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Center Line, MI. Investor activity is low, as 1.0% 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	138
% Conventional Loans	73.0%
% Government Loans	27.0%
% Investor Loans	1.0%
% Second Loans	1.0%
% Cash Out Refinance	13.0%

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Rentals and Section 8 — Center Line, MI

Center Line, MI lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	602
Total Units Section 8	602
% Rentals under Section 8	37.8%
% Occupied Section 8	93.5%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$347	$573	$920
2 Bedroom	-$230	$1,400	$1,170
3 Bedroom	$40	$1,400	$1,440
4 Bedroom	N/A	N/A	$1,550

Center Line, MI—48015

Key Metrics at a Glance

Home Price Trends — Center Line, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Center Line, MI

% of Rental Stock

Property Listings — Center Line, MI

Demographics — Center Line, MI

Race and Ethnicity

Mortgage and Risk — Center Line, MI

Mortgages

Rentals and Section 8 — Center Line, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Center Line, MI

Home Price to Income Ratio

Center Line, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Warren, MI

Warren, MI

Warren, MI

Warren, MI

Osborn, Detroit, MI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.7
Median Home Price	$166,000
Median Household Income	$52,900

Center Line, MI—48015

Key Metrics at a Glance

Home Price Trends — Center Line, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Center Line, MI

% of Rental Stock

Property Listings — Center Line, MI

Demographics — Center Line, MI

Race and Ethnicity

Mortgage and Risk — Center Line, MI

Mortgages

Rentals and Section 8 — Center Line, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Center Line, MI

Home Price to Income Ratio

Center Line, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Warren, MI

Warren, MI

Warren, MI

Warren, MI

Osborn, Detroit, MI

Frequently Asked Questions

What is the average home price in Center Line, MI 48015?

How have home prices in Center Line, MI 48015 changed over the past year?

What is the home price projection for Center Line, MI 48015?

What are the demographics of Center Line, MI 48015?

How long does it take homes to sell in Center Line, MI 48015?

What is the average rent price in Center Line, MI 48015?