48047 — Macomb County, Michigan Market Snapshot
Housing market data for zip code 48047 in Macomb County, Michigan. Updated monthly with median prices, days on market, and more.
Market Sales Data
32 sales in 2026 (year to date)
Median Sale Price
$191,250
Days to Sell
51
Homes Sold
32
Inventory
15
Sale-to-List
98.9%
New Listings
34
Price/SqFt
$158
Pending Sales
34
Conforming Loan Available
Most homebuyers in 48047 can comfortably use conventional financing. The median home price of $191,250 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
48047's market is balanced with homes taking an average of 51 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes are selling very close to asking price in 48047 (98.9% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 48047 can comfortably use conventional financing. The median home price of $191,250 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 48047 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 48047
To purchase the median home at $191,250 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,615.
Monthly Payment
$1,615
Income Required
$69,227
Principal & Interest
$1,178/mo
Down Payment (5%)
$9,563
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 48047.
Estimated Monthly Payment
$1,334
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