Is Warren, MI 48089 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Warren is a balanced market. With about 4.9 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score51/ 100

More competitive than 52% of U.S. ZIP codes, and #344 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 supply4.9Under 4 months = seller’s market
Sold above original list32.3%Share of sales, last 3 months
Median sale-to-list97.8%Sold price ÷ list price
Median days on market25Listing to accepted offer
Median price per sq ft$123▼ −2.7% vs. last year

The Warren housing market right now

In the three months ending August 31, 2026, 32% of homes in Warren, MI 48089 sold above their list price, the typical home went under contract in 25 days and there were 4.9 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 102 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 25%, homes sold faster (31 days then) and the median sale price rose 13% to $149,935. Overall, Warren is more competitive than a year ago, so tougher for buyers.

Within Macomb County, homes here sell more slowly than in 69% of the county’s ZIP codes, and sell less often over asking than in 69%. On our competition score, Warren ranks #344 of 510 MI ZIP codes with enough sales (score 51 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

Loading map…

Questions about Warren real estate

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

A balanced market: there were 4.9 months of supply in Warren, MI 48089 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 25 days in the latest three months.

Do homes in Warren sell over asking?

32% of homes sold above their original list price, and the typical sale closed at 97.8% 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 $149,935 in the three months ending August 31, 2026, about $123 per square foot.

No sponsored agents in 48089 yet. Are you an agent here? Put your name in front of local buyers.

More tools for 48089

Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview

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