Market Intelligence · MI / Warren

Warren, MI 48088 Housing Market

The typical home value in Warren, MI 48088 is $238,638, up 1.1% over the past year. The median list price sits at $261,950, with homes spending a median of 43 days on market as of September 2026.

Updated September 2026Median value$239K

The median home value in Warren, MI 48088 is $239K as of September 2026, up 1.1% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 48088 range

$220K to $258K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+1.1% over 12 months

Typical home value in 48088 over the last 12 months: $236K in Sep 2025 to $239K in Sep 2026 (+1.1%).

Sep 2025$236K

Sep 2026$239K

The numbers

What is the 48088 housing market like?

Typical home value

$239K

Up1.1%YoY

Median list price

$262K

Down3.0%MoM

Days on market

43

Up26.5%MoM

Homes for sale

56

Up19.1%MoM

Price cuts

26.2%

Up29.8%MoM

New listings

38

Up5.6%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

48088 housing market forecast 2027

+1.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 48088 to rise 1.3% by September 2027.

Over the 12 months through September 2026, typical home values in 48088 rose 1.1%, per the Zillow Home Value Index.

Will home prices drop in 48088?

Zillow's forecast does not call for a drop: it expects typical home values in 48088 to rise 1.3% by September 2027, after a 1.1% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 48088 home prices compare?

  • 48088$238,638
  • Warren$219,232
  • Michigan$241,156
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Warren: 5 ZIPs; Michigan: 891 ZIPs; United States: 26,262 ZIPs).

Context

There are 56 homes for sale in 48088, with 38 new listings added as of September 2026. The median days on market of 43 suggests a moderate pace of activity. One notable signal is that 26.2% of listings carry a price cut, indicating sellers are adjusting to market conditions. While the typical home value has gained modestly over the year, the frequency of price reductions suggests buyers have some negotiating room.

Monthly payment

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20% · $47,728

Common questions

What people ask us.

What is the typical home value in Warren, MI 48088?

The typical home value is $238,638, up 1.1% over the past year as of September 2026.

How long do homes typically stay on the market?

The median days on market is 43 days as of September 2026.

What share of homes for sale have price cuts?

As of September 2026, 26.2% of listings have a price cut.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.