48005 — Macomb County, Michigan Market Snapshot
Housing market data for zip code 48005 in Macomb County, Michigan. Updated monthly with median prices, days on market, and more.
Market Sales Data
10 sales in 2026 (year to date)
Median Sale Price
$457,500
Days to Sell
24
Homes Sold
10
Inventory
7
Sale-to-List
100.4%
New Listings
18
Price/SqFt
$241
Pending Sales
17
Conforming Loan Available
Most homebuyers in 48005 can comfortably use conventional financing. The median home price of $457,500 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
Homes in 48005 are moving quickly at 24 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes are selling very close to asking price in 48005 (100.4% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 48005 can comfortably use conventional financing. The median home price of $457,500 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 48005 are set at the county level.
2026 Loan Limits — Macomb County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 48005
To purchase the median home at $457,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,655.
Monthly Payment
$3,655
Income Required
$156,652
Principal & Interest
$2,819/mo
Down Payment (5%)
$22,875
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 48005.
Estimated Monthly Payment
$2,981
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