48089, Warren, MI

Warren is a small town located in the southeastern corner of Michigan. The population was just over 10,000 as of the 2010 census. The 48089 zip code covers most of Warren and has a median home value of $128,000. Home prices have increased significantly in Warren over the past few years, with the average home value increasing by almost 50%. This increase is largely due to strong demand from buyers and investors alike.

The majority of homes in Warren are owner-occupied. There are also a number of rental properties in the area, but they account for a relatively small share of total housing units. This indicates that homeownership is generally favored in Warren. In addition, there is a high level of household income diversity in Warren – both within and across ZIP code boundaries. This reflects the general trend across Michigan – where there is greater diversity among households than there is within ZIP codes.

There are several factors that have contributed to the growth in home values in Warren over recent years. First and foremost, demand from buyers has been strong – especially given low interest rates and historically low inflation rates. In addition, many homes located in Warren were built before 1978 – an era when construction standards were much higher than they are today. As a result, many homes currently available for sale are considered “high-quality” residences by contemporary standards. Finally, Warren has experienced very little economic dislocation or unemployment over the past few years – factors that can lead to decreased demand for housing units overall