Is Warren, MI 48088 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Warren is a seller’s market. With about 2 months of supply and 41% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score74/ 100

More competitive than 79% of U.S. ZIP codes, and #158 of 510 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2Under 4 months = seller’s market
Sold above original list40.8%Share of sales, last 3 months
Median sale-to-list98.9%Sold price ÷ list price
Median days on market18Listing to accepted offer
Median price per sq ft$150▼ −10.4% vs. last year

The Warren housing market right now

In the three months ending August 31, 2026, 41% of homes in Warren, MI 48088 sold above their list price, the typical home went under contract in 18 days and there were 2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 101 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 50%, homes sold more slowly (14 days then) and the median sale price rose 4% to $265,885. Overall, Warren is less competitive than a year ago, which gives buyers more room.

Within Macomb County, homes here sell faster than in 71% of the county’s ZIP codes, and sell more often over asking than in 74%. On our competition score, Warren ranks #158 of 510 MI ZIP codes with enough sales (score 74 out of 100).

Nearby, buyers who want less competition could look at New Haven 48050 (0% sold over asking) or Romeo 48065 (17% sold over asking), while Sterling Heights 48314 (49% sold over asking) and Sterling Heights 48313 (47% sold over asking) are even more competitive.

Nearby markets

Armada 48005Seller’s market $181 /sq ftCenter Line 48015Seller’s market $142 /sq ftClinton Township 48035Seller’s market $160 /sq ftClinton Township 48036Seller’s market $137 /sq ft Browse all markets →

Where Warren is

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Questions about Warren real estate

Is Warren a buyer’s or seller’s market?

A seller’s market: there were 2 months of supply in Warren, MI 48088 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Warren?

The typical home went under contract in 18 days in the latest three months.

Do homes in Warren sell over asking?

41% of homes sold above their original list price, and the typical sale closed at 98.9% of the list price.

What are property taxes in Warren?

About 1.40% of a home’s value a year in Macomb County, or roughly $5,600 on a $400,000 home.

What is the median home price in Warren?

The median sale price was $265,885 in the three months ending August 31, 2026, about $150 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology