The story of this market
The typical home in ZIP 48047 sells for about $350,000, or $185 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,123 a month.
ZIP 48047 — Chesterfield
The housing market in 48047 remains stable with steady demand for single-family homes, supported by the area's suburban appeal and waterfront amenities. While inventory remains tight, price growth has moderated compared to previous years, reflecting broader regional economic trends. Buyers are active, though they remain sensitive to interest rate fluctuations and affordability constraints.
This ZIP is well-suited for family buyers and commuters seeking a suburban lifestyle with waterfront access and a relatively affordable cost of living compared to the inner-ring suburbs of Detroit.
Median prices moved up 2.5% year over year.
Homes spend a median of 42 days on market with 3.2 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.5% · poverty 5.9% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 48047, Macomb County MI
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in New Baltimore are generally lower than the regional average for the Detroit-Warren-Dearborn metropolitan area, with property crime being the primary concern.
Schools serving the area are primarily part of the Anchor Bay School District, which generally maintains average to above-average performance ratings within the state.
The area faces moderate risk from wind and severe storm events common to the Great Lakes region, with specific flood risks associated with its proximity to Lake St. Clair.
Economic momentum is driven by its position as a suburban residential hub with proximity to major manufacturing and automotive employers in Macomb County.
Property taxes are levied by Macomb County and local municipal jurisdictions, with rates determined by millage proposals approved by voters for schools and local services.
Residents primarily commute by car toward employment centers in the Detroit metro area, with travel times typically ranging from 35 to 50 minutes depending on traffic.
The area features significant waterfront access to Lake St. Clair, including Walter and Mary Burke Park, and proximity to various local golf courses and shopping centers along the M-29 corridor.
The rental market is characterized by steady demand from families and commuters, with limited vacancy pressure and a mix of single-family home rentals and apartment complexes.
The local economy is anchored by the broader Macomb County industrial base, with significant employment in automotive manufacturing, healthcare, and retail services.
Transportation is heavily reliant on personal vehicles, with major access provided by I-94 and M-29 corridors connecting to the wider Detroit metropolitan area.
Development is focused on residential infill and commercial expansion along the primary arterial roads serving the New Baltimore and Chesterfield areas.
Parcels are subject to local school district millages and county-wide assessments for infrastructure and public services.
Property insurance premiums are influenced by regional weather patterns and proximity to the lake, with standard coverage requirements for homeowners.
Data retrieved from Census Reporter and MapOfZipCodes profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- C.J. Barrymore's4.47 mi
- Dave & Buster's Utica4.112.7 mi
- Urban Air Trampoline and Adventure Park4.212.6 mi
- Activate Games512.4 mi
- Red Oaks Waterpark4.419.3 mi
- C.J. Barrymore's4.47 mi
- Michigan Lottery Amphitheatre at Freedom Hill4.412.7 mi
- Macomb Community College4.215.2 mi
- Dave & Buster's Utica4.112.7 mi
- Golden Corral Buffet & Grill3.910.8 mi
- C.J. Barrymore's4.47 mi
- Lake St. Clair Metropark4.66.4 mi
- Dave & Buster's Utica4.112.7 mi
- Urban Air Trampoline and Adventure Park4.212.6 mi
- Activate Games512.4 mi
- Ford House4.715.5 mi
- River Bends Park4.714.7 mi
- The Packard Proving Grounds Historic Site4.713.6 mi
- Stahls Motors and Music Experience4.94.1 mi
- ANATOMY OF DEATH MUSEUM4.97.8 mi
- Lake St. Clair Metropark4.66.4 mi
- Algonac State Park4.512.9 mi
- Resurrection Cemetery4.110.2 mi
- Brandenburg Park4.60.5 mi
- George George Memorial Park4.88.6 mi
- MacRay Harbor4.54.4 mi
- Grosse Pointe Yacht Club4.716.8 mi
- Safe Harbor Jefferson Beach4.514.7 mi
- Safe Harbor Belle Maer4.64.5 mi
- Emerald City Harbor4.514.8 mi
- Cherry Creek Golf Club4.512.9 mi
- Sycamore Hills Golf Club MICHIGAN3.95.7 mi
- Fern Hill Golf Club4.110.6 mi
- Golden Hawk Golf & Banquets3.86.5 mi
- Timberwood Golf Club4.210.1 mi
- The Mall at Partridge Creek4.59.5 mi
- Macomb Mall411.8 mi
- Meijer4.112.1 mi
- Meijer4.110.9 mi
- Marshalls & HomeGoods4.111.4 mi
- Windsor International Airport4.228.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A prominent waterfront park on Lake St. Clair offering recreational space and community events.
Provides extensive boating, fishing, and recreational opportunities for the community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.