Warren, MI Home Values & Market Trends
Real estate market trends reflect that there have been 2,784 transactions over the past year in Warren. The median value for residential home transactions that occurred over the previous year is $211,098.28. The number of current listings in Warren is 224, and the percentage of properties for sale in the city is 224.00%. Warren, MI currently has 73 properties in foreclosure, 24 bank owned properties, 49 properties headed for auction, and 224 properties for sale.
Warren, MI Real Estate Market Overview
Housing Market Summary for Warren, MI
| Oct 2022 | September 2023 | Change | |
|---|---|---|---|
| Median Listing Price | $175K | $194.9K | 11.40% |
| Median Sold Price | $168.4K | $194.9K | 15.79% |
| Homes For Sale | 266 | 220 | -17.29% |
| Homes Sold | 2,752 | 1,584 | -42.44% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Warren, MI
Browse Homes in Warren, MI
Warren home values range from $20,336 to $8,910,218. The median estimated value of a home in Warren is $211,098.28. The median list price of a home is 179,900, and the total count of properties in the city is 50,037.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Warren, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 5 zips within Warren, MI; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Warren, MI ranges from the highest value of $194,900 in 48088 to the lowest value of $58,703 in 48089. Bank owned homes and properties account for 0.05% of properties in Warren, MI. There are 5 zips within Warren, MI; 48091 containing 13 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions48089 has 13 auction properties, the highest number of properties going to auction in a single zip in the state of Warren, MI. Auction homes and other auction properties account for 0.10% of all properties in Warren, MI. There are 5 zips within Warren, MI; of those zips, the median estimated home value for homes going to auction ranges from $227,605 in 48093 to the lowest value of $77,752 in 48093.
