48002 — St. Clair County, Michigan Market Snapshot
Housing market data for zip code 48002 in St. Clair County, Michigan. Updated monthly with median prices, days on market, and more.
Limited Sales Data
Only 1 home sold in this ZIP code during the selected period. Statistics may not be representative. See the St. Clair County county page for broader data.
Market Sales Data
1 sales in 2026 (year to date)
Median Sale Price
$197,500
Days to Sell
9
Homes Sold
1
Inventory
4
Conforming Loan Available
Most homebuyers in 48002 can comfortably use conventional financing. The median home price of $197,500 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
48002 is an extremely competitive market with homes selling in just 9 days on average. Buyers need pre-approval letters ready before making offers.
Conforming Loan Feasibility
Most homebuyers in 48002 can comfortably use conventional financing. The median home price of $197,500 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 48002 are set at the county level.
2026 Loan Limits — St. Clair 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 48002
To purchase the median home at $197,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,663.
Monthly Payment
$1,663
Income Required
$71,279
Principal & Interest
$1,217/mo
Down Payment (5%)
$9,875
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 48002.
Estimated Monthly Payment
$1,372
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