What is the median home value in ZIP 48315 in Macomb County, MI?

The median home value in ZIP 48315 in Macomb County, MI is $462,180, according to the latest Census ACS 5-Year Estimates.

How much new construction is happening in Macomb County, MI?

Macomb County has 877,624 residents and issued 1,938 building permits over the trailing twelve months, according to the Census Building Permits Survey.

Detroit-Warren-Dearborn, MI · Michigan

Macomb County

ZIP 48315

877,624 residents1,938 permits TTM$76,399 median HHI36 ZIP codesUpdated April 16, 2026

Investor first look

Median home value

$231,400

ACS 5-Year

Cap rate proxy

7.3%

FMR × 0.65 ÷ Home Value

Rent-to-income

18.5%

HUD FMR ÷ ACS HHI

Net migration

+1.71%

IRS SOI

Permits (TTM)

1,938

Census BPS

Climate risk

96.7

FEMA NRI (0–100)

ZIP 48315

Median home value

$462,180

Gross yield

3.6%

Cap rate

3.1%

Rent gap

15.5%

Affordability

P/I: 6.0R/I: —

Section 8 detail

SAFMR: $1,390Rent: $1,175Gap: 18.3%

ZIP code breakdown36 ZIP codes

ZIP	Median home value	Rent (FMR 2BR)	Gross yield	Cap rate	Rent gap
48082	$222,296	$1,550	8.4%	6.3%	24.2%
48081	$234,936	$1,460	7.5%	6.0%	19.5%
48089	$126,123	$1,390	13.2%	12.3%	7.3%
48088	$235,898	$1,350	6.9%	6.0%	13.0%
48021	$150,568	$1,580	12.6%	11.1%	12.2%

Ranked by composite score

Median home value	Rent (FMR 2BR)	Gross yield	Cap rate	Rent gap
$154,797	$1,470	11.4%	10.3%	9.9%
$166,574	$1,430	10.3%	9.1%	11.5%
$238,644	$1,460	7.3%	8.8%	-20.1%
$162,924	$1,060	7.8%	8.7%	-10.8%
$217,755	$1,330	7.3%	8.2%	-11.4%
$173,148	$1,130	7.8%	8.1%	-4.0%
$215,029	$1,360	7.6%	8.1%	-6.6%
$286,185	$1,370	5.7%	6.9%	-20.9%
$218,288	$1,360	7.5%	6.7%	10.9%
$231,591	$1,060	5.5%	6.1%	-10.8%
$352,737	$1,590	5.4%	6.0%	-10.8%
$266,917	$1,280	5.8%	5.9%	-1.8%
$427,756	$1,760	4.9%	5.7%	-16.4%
$335,925	$1,300	4.6%	5.7%	-23.5%
$312,326	$1,610	6.2%	5.7%	8.3%
$255,467	$1,220	5.7%	5.6%	2.3%
$290,072	$1,420	5.9%	5.6%	4.9%
$290,370	$1,520	6.3%	5.5%	12.9%
$286,623	$1,650	6.9%	5.5%	21.1%
$286,709	$1,570	6.6%	4.9%	25.2%
$298,297	$1,060	4.3%	4.7%	-10.8%
$301,789	$1,320	5.2%	4.7%	11.0%
$364,188	$1,330	4.4%	3.9%	11.7%
$415,474	$1,300	3.8%	3.8%	-2.0%
$381,281	$1,460	4.6%	3.7%	19.5%
$404,000	$1,590	4.7%	3.5%	26.1%
$406,574	$1,480	4.4%	3.5%	20.6%
$409,111	$1,610	4.7%	3.4%	27.0%
$452,279	$1,550	4.1%	3.1%	24.2%
$462,180	$1,390	3.6%	3.1%	15.5%
$516,961	$1,060	2.5%	2.7%	-10.8%

Demographics

Owner-occupied

75.0%

Census ACS

Vacancy rate

4.1%

Census ACS

Bachelor's degree +

27.2%

Census ACS

Rent burdened

47.6%

Census ACS (>30% income)

Median age

41.1

Census ACS

Data sources

U.S. Census Bureau — American Community Survey 5-Year Estimates

U.S. Census Bureau — Building Permits Survey

U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)

Internal Revenue Service — Statistics of Income Migration Data

FEMA — National Risk Index

Last updated: April 16, 2026

Macomb County

See all 36 ZIPs ranked by yield and cap rate