Warren, MI metro area Housing Market

Warm Market

Comprehensive housing market data for the Warren, MI metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: March 2026

Median Sale Price

$313K

4.2% YoY

Days on Market

32 days

23.1% YoY

Active Inventory

4,665

6.1% YoY

Homes Sold

2,166

1.1% YoY

Warm Market

The market is active with moderate buyer demand.

Warren, MI metro area Market Summary

The Warren, MI metro area housing market is heating up. As of March 2026, the median home sale price is $313K, up 4.2% year-over-year. Homes are spending a median of 32 days on the market, 23.1% longer than a year ago.

There are 4,665 homes for sale — 6.1% more than last year. With 2.2 months of supply, this is a seller's market. 3,262 new listings were added during this period, up 2.4% year-over-year.

Homes are selling for 98.9% of their list price on average, suggesting room for negotiation. 32.4% of homes sell above their asking price. 28.0% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

62

Contributing Factors

Months of Supply 2.2
Days on Market 32
Price Drops 28.0%
Sale-to-List Ratio 98.9%
Market Temperature Warm

How This Market Compares

vs. National Median

Median Price (National: $437K) 28.4%
Days on Market (National: 55) 41.8%
Inventory (National: 1,314,690) 99.6%

vs. Michigan Median

Median Price (Michigan: $270K) 15.7%
Days on Market (Michigan: 40) 20.0%

Investor Takeaway

A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 28% below the national median, which could indicate stronger cash flow potential.

Warren, MI metro area Market Trends

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Detailed Market Metrics

Median List Price

$330K

Price per Sq Ft

$190

Sale-to-List Ratio

98.9%

Months of Supply

2.2

Sold Above List

32.4%

Price Drops

28.0%

New Listings

3,262

2.4% YoY

Pending Sales

3,023

Off Market in 2 Weeks

51.4%

Analyze a deal in Warren, MI metro area

Calculate cash flow, Cap Rate, DSCR, and Cash-on-Cash Return for any rental property — free and instant.

Try It Free

Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.