Macomb County, Michigan Housing Market

In Macomb County, Michigan, the median home value is $243,900, with a median monthly rent of $1,211. This places Macomb County at #937 nationally out of 3134 counties by median home value, and #15 within Michigan.

Median Home Value $243,900
Median Rent $1,211/mo
Owner Occupancy 75.0%
Price/Rent Ratio 16.8

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Macomb County rose +4.1% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

296,284
jobs (private sector)
  • Avg weekly wage: $1,374
  • Establishments: 20,070
  • BLS QCEW, 2025
🏗️

Housing Supply

1,931
new units authorized (2025)
  • Single-family: 1,046
  • Multi-family: 885
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+4871
net migration (filers, 2021-2022)
  • Inflow: 391,405 (avg $73,456)
  • Outflow: 386,534 (avg $74,178)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 10 active ZIP codes in Macomb County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 48050 173.9 +2.61% 2025
2 48095 184.2 +8.46% 2025
3 48045 174.7 +5.48% 2025
4 48082 184.8 +5.84% 2025
5 48043 166.8 +2.11% 2025
6 48048 198.7 +5.65% 2025
7 48015 162.4 +5.38% 2025
8 48062 190.5 +8.34% 2025
9 48314 183.2 +6.21% 2025
10 48065 192.9 +9.46% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Macomb County Compares

MetricMacomb CountyMichigan AverageU.S. Average
Median Home Value $243,900 $197,292 $227,706
Median Gross Rent $1,211 $905 $968
Owner Occupancy Rate 75.0% 80.2% 73.3%
Price/Rent Ratio 16.8 17.9 18.7

Market Analysis

The median home value in Macomb County is 23.6% above the Michigan state average and 7.1% above the U.S. national average. The median rent of $1,211/month is 33.8% above the state average.

With a price-to-rent ratio of 16.8, the buy-vs-rent decision in Macomb County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Macomb County has an owner-occupancy rate of 75.0%, compared to 80.2% in Michigan and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Smith County Tennessee $243,800 $922
Rio Arriba County New Mexico $243,700 $740
DeKalb County Illinois $243,600 $1,049
McLennan County Texas $243,600 $1,173
Lincoln County Missouri $244,300 $961

Other Counties in Michigan

CountyMedian Home ValueMedian RentOwner Occ.
Kalamazoo County $241,800 $1,093 64.5%
Lapeer County $239,000 $988 86.0%
Antrim County $255,500 $902 86.4%
Monroe County $228,900 $1,059 81.7%
Clinton County $259,500 $1,092 82.2%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).