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

ZipMedian Est. Value
48089

$ 114,316

$ 118/sqft

48091

$ 139,900

$ 137/sqft

48092

$ 239,900

$ 173/sqft

48088

$ 238,756

$ 181/sqft

48093

$ 241,250

$ 167/sqft

Housing Market Summary for Warren, MI

Oct 2022September 2023Change
Median Listing Price$175K$194.9K11.40%
Median Sold Price$168.4K$194.9K15.79%
Homes For Sale266220-17.29%
Homes Sold2,7521,584-42.44%
Price
$/Sqft
Homes For Sale
0
0

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%.

0
0

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.

Foreclosure
There are 5 zips within Warren, MI; within these zips, the median estimated home value for homes in foreclosure ranges from $375,057 in 48089 to the lowest value of $58,703 in 48089. Foreclosure homes account for 0.00% of properties in Warren, MI with 48091 containing 24 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-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 Owned
    The 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.
  • Auctions
    48089 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.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.45% of residential properties in Warren, MI with 48089 containing 72 homes for sale, the highest number of listed properties in a single zip. There are 5 zips within Warren, MI; homes for sale in those zips, have a range of median values from $314,790 in 48088 to the lowest value of $33,286 in 48089.
    Sold Homes
    The median value for recently sold homes ranges from $522,218 in 48093 to the lowest price of $24,985 in 48093. There are 5 zips within Warren, MI. 48089 has 539 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.71% of properties in Warren, MI.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Warren, MI
      $
      $