The story of this market
The typical home in ZIP 48088 sells for about $260,000, or $165 per square foot.
Prices are up +5.2% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,650 a month.
ZIP 48088 — Warren
The 48088 housing market remains stable with manageable competition and steady price appreciation. Low inventory levels continue to support home values, though buyers are increasingly price-sensitive due to interest rate conditions. The market is characterized by a high rate of owner-occupancy and consistent demand for established suburban housing.
This ZIP code is well-suited for family buyers and first-time homeowners seeking affordable, established housing in a suburban setting. Its proximity to major highways makes it a practical choice for commuters working in the Detroit metro area.
Median prices moved up 5.2% year over year.
Homes spend a median of 45 days on market with 2.5 months of supply — a fast-moving market.
15% 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 4.2% · poverty 8.5% — 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 8.7%/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 4.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 48088, Macomb County MI
Crime rates in Warren are generally consistent with regional averages for suburban Detroit, with property crime being the primary concern. Local law enforcement maintains active community policing initiatives to address neighborhood safety.
Schools serving the 48088 area are primarily part of the Warren Consolidated Schools district, which offers a range of academic and vocational programs. Performance ratings vary by individual school, with many institutions focusing on steady improvement in standardized testing outcomes.
The area faces standard Midwestern climate risks, including potential for heavy rainfall leading to localized flooding and occasional severe wind events. Property insurance premiums are influenced by these regional weather patterns and the age of the housing stock.
The local economy is anchored by a mix of automotive manufacturing, healthcare, and retail sectors. Development momentum is driven by ongoing efforts to revitalize commercial corridors and attract small-to-medium enterprise investment.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Michigan) — Disabled Veterans Homestead Exemption: Provides an exemption from property taxes levied for school operating purposes and potentially other local taxes depending on eligibility. State (Michigan) — General Property Tax Act: Property is assessed at 50% of true cash value (State Equalized Value). Taxable value is capped at the lesser of the state equalized value or the previous year's taxable value adjusted by the consumer price index (up to 5%), unless a transfer of ownership occurs.
Residents typically commute via I-696 and M-53, providing direct access to the Detroit employment core and surrounding industrial hubs. Public transit options are limited, making personal vehicle ownership the primary mode of transportation.
The area features several local parks and community centers, including proximity to the Warren Community Center. Shopping and dining options are concentrated along major arterial roads like 12 Mile and 13 Mile, providing convenient access to daily necessities.
The rental market is characterized by steady demand from long-term residents and a limited supply of modern multi-family units. Vacancy rates remain low, and rent growth has tracked with broader regional inflation trends.
The economy is heavily influenced by the automotive industry, with several major suppliers and manufacturing facilities located in or near Warren. Healthcare and retail also serve as significant employment pillars for the local workforce.
The area is served by a network of major arterial roads and is positioned near the I-696 corridor, facilitating regional travel. Public transportation is provided by SMART bus services, though coverage is primarily focused on major thoroughfares.
Development is largely focused on infill projects and the modernization of existing commercial properties. There are no major large-scale master-planned communities currently under construction within the ZIP.
The Macomb County Equalization Department oversees property assessments, ensuring compliance with state-mandated valuation standards. Assessments are updated annually based on market sales data.
Parcels are subject to standard municipal, county, and school district taxes. There are no significant MUD or PID districts reported for this area.
Property insurance remains stable, though premiums are sensitive to regional weather risks and the age of the housing stock. Homeowners are encouraged to maintain updated coverage to account for rising replacement costs.
Michigan has experienced modest net domestic migration shifts, with suburban areas like Warren seeing stable population retention.
Michigan operates primarily as a non-judicial foreclosure state, with a statutory redemption period following the sheriff's sale.
Sellers are required to provide a comprehensive Seller's Disclosure Statement covering the condition of the property, including structural and mechanical systems.
Data retrieved from data.census.gov ZCTA-level tables.
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's4.48.5 mi
- Dave & Buster's Utica4.17.6 mi
- Adventure Bay Family Water Park Presented by WFCU Credit Union4.414.5 mi
- Urban Air Trampoline and Adventure Park4.27.1 mi
- Red Oaks Waterpark4.45.6 mi
- Little Caesars Arena4.613 mi
- Comerica Park4.713.1 mi
- Ford Field4.613 mi
- Huntington Place4.513.9 mi
- Topgolf4.219.8 mi
- Detroit Zoo4.59 mi
- Detroit Institute of Arts4.812 mi
- Emagine Royal Oak4.38.5 mi
- C.J. Barrymore's4.48.5 mi
- Lake St. Clair Metropark4.610.2 mi
- Henry Ford Museum of American Innovation4.819.8 mi
- Detroit Institute of Arts4.812 mi
- Greenfield Village4.819.7 mi
- Michigan Central4.814.2 mi
- Motown Museum4.712.2 mi
- Lake St. Clair Metropark4.610.2 mi
- Dodge Park4.75.2 mi
- Red Oaks Waterpark4.45.6 mi
- Ford House4.77.3 mi
- Borden Park4.610.8 mi
- Safe Harbor Jefferson Beach4.55.9 mi
- Emerald City Harbor4.56.2 mi
- Beacon Cove Marina4.27.8 mi
- Jefferson Yacht Club4.55.9 mi
- Cherry Creek Golf Club4.510.9 mi
- Sycamore Hills Golf Club MICHIGAN3.910.7 mi
- Rackham Golf Course3.89.8 mi
- Sanctuary Lake Golf Course3.99.3 mi
- Fern Hill Golf Club4.14.6 mi
- Somerset Collection4.610.6 mi
- Oakland Mall4.16.6 mi
- Meijer48.8 mi
- Meijer4.210.2 mi
- Meijer4.15.9 mi
- Detroit Metropolitan Wayne County Airport4.328.5 mi
- Windsor International Airport4.217.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Features fitness facilities, pools, and community programming.
Provides sports fields, walking trails, and picnic areas.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.