Compare with
A tight-supply, appreciation-lean market. The rent math runs thin; demand and tenant incomes are the story.
What would change this read: a price correction (median already −11.7% YoY) or rent growth lifting rent-to-price toward 0.8%/mo would move this ZIP toward a cash-flow story. inventory, +54.9% YoY, is the number to watch.
The median listing price is down 11.7% YoY while the median home got down 6.5% bigger, so value per square foot is down 1.7%.
Min/max come from the active-listing pool; the median comes from Realtor's separate listing set — the two are not subsets of each other, so the median's position relative to the tiles above should not be read literally.
At the median, a $419K purchase rents for $1,400/mo: 0.33% of price per month against the 1% rule's 1.00%.
Not shown: Studio (rent only, no matching sale price), 1 BR (rent only, no matching sale price), 5 BR (sale only, no matching rent), 6 BR (sale only, no matching rent), 7 BR (sale only, no matching rent).
Sales here take about 3 days longer to go under contract than rentals (median across 3 property types).
Not shown: Apartment (rented here, not sold), Land (sold here, not rented), Manufactured (sold here, not rented).
U.S. Census ACS characteristics for ZIP 48045 itself, not its parent county.
Renters hold 27.5% of this ZIP's 11,726 occupied households, on a median household income of $80K.
| Measure | ZIP 48045 | Macomb County | Difference |
|---|---|---|---|
| Median Household Income | $80K | $78K | +$3K |
| Below Poverty Level | 10.2% | 10.4% | -0.2% |
| Median Age | 45.80 | 41.30 | +4.50 |
| Total Population | 24,061 | 879,853 | -- |
| Avg Household Size | 2.05 | 2.43 | -0.38 |
| Owner-Occupied | 72.5% | 75.0% | -2.5% |
| Worked From Home | 13.8% | 13.4% | +0.4% |
| Mean Commute | 28.20 | 26.30 | +1.90 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 0.3% to 879,853: residents under 18 are down 0.6% and those 65 and over are up 2.8%.
County median household income is $78K, 10.4% of residents are below the poverty level, 13.4% work from home.