48315 — Macomb County, Michigan Market Snapshot

Housing market data for zip code 48315 in Macomb County, Michigan. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

92 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$489,750

20.9% YoYClosed sales

Days to Sell

24

Median, listing to close

Homes Sold

92

Closed in 2026

Inventory

80

Sale-to-List

99.5%

New Listings

138

Price/SqFt

$198

Pending Sales

92

Conforming Loan Available

Most homebuyers in 48315 can comfortably use conventional financing. The median home price of $489,750 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

Homes in 48315 are moving quickly at 24 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.

Sale-to-List Ratio

Homes are selling very close to asking price in 48315 (99.5% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

Most homebuyers in 48315 can comfortably use conventional financing. The median home price of $489,750 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 48315 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 48315

To purchase the median home at $489,750 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,902.

Monthly Payment

$3,902

Income Required

$167,242

Principal & Interest

$3,018/mo

Down Payment (5%)

$24,488

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 48315.

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Estimated Monthly Payment

$3,181

Principal & Interest$2,541
Property Tax$490
Insurance$150
Loan Amount$391,800
Total Interest$523,036
Income Required$136,327/yr

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